Tag Archives: Business Email Compromise

CEO Fired After Fake Email Loses Firm $47 Million

Posted on July 20, 2016 by Carmelo

FACC, in May has let their CEO, Walter Stephan, go after a fake email made it’s way to the financial controllers office and €52.8 million ($58 million USD) was wired out of the company. It caused their stock to drop … Continue reading →

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