Businesses lost a total of £92.7 million in 2018 to scammers posing as their suppliers, according to a report from UK Finance. Invoice scams are a type of fraud in which criminals trick businesses into transferring money by posing as legitimate payees, such as a regular supplier. Last year, businesses were involved in 3,280 suchContinueContinue reading “Businesses lose almost £93m to invoice scams”