Beware of Fake Invoice Scams

Share

The fake invoice scam is making the rounds in the region once again. While usually targeting businesses, units of government can be vulnerable as well. Monroe City, Missouri, a town of about 4,000 people, recently got taken for about $177,000.

The scammers attempt to fool employees into paying for products that the business didn’t order and that may not even exist. Better Business Bureau Investigator Don O’Brien warns you should be wary of all invoices.

“If you have somebody who handles your bills, we do a lot of multi-factor authentication now when we go online. Try to create a process for inspecting your invoices, always make sure a couple sets of eyes look at an invoice before you just blindly pay it. I know the bigger the organization, the tougher that is, but it really is important because now the small little community up in the northeast part of Missouri; they were going to use some of that money for roads and other improvements to that town, which they cannot make now because it got taken.”

Fake invoices can be for any product or service; the most common are office supplies, website or domain hosting services, and directory listings which may be referred to as a “renewal”. And train your staff. Make sure that the people processing invoices or answering phone calls are aware of this con. Scammers are great at mimicking official seals, fonts, and other details.

***Report Courtesy of farmweeknow.com***

Spread the word

Trending Now

Featured News Podcasts

Subscribe to our Community Newsletter

By submitting this form, you are consenting to receive marketing emails from: Prairie Communications, 55 Public Square, Monmouth, IL, 61462, https://977wmoi.com/. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Choose a Category

Continue Reading

Monmouth Residents Escape Fire Unharmed

On Wednesday, March 27th at 6:01 PM, the Monmouth Fire Department was dispatched to a possible structure fire at 301 South B Street in Monmouth. Information from the Warren County

Watch Out for Scams this Tax Season!

As another tax season has arrived, Monmouth Police Department Investigator Josh Kramer reminds taxpayers to be on the lookout for those IRS scam letters: “They will be claiming that you

2024 FS Spring Ag Roundtable Day 2

The second round of the 2024 FS Spring Ag Roundtables kicked off Wednesday morning with ag leaders across the state of Illinois. Listen to remarks from Krista Swanson, Evan Hultine, Grant Strom,