Skip Navigation?

Payment diversion frauds

Topic General Crime

Payment diversion frauds

There are different versions of payment diversion frauds. The main three are supplier bank detail frauds (often referred to as “mandate fraud”), fraudulent payment instructions and fraudulent bank communications.

Firstly, in relation to mandate fraud, a fraudster contacts an employee, usually in the accounts payable department, pretending to be from one of the company’s suppliers...

Read the guide