Abu Dhabi Police warns businesses of email payment scam
Abu Dhabi Police has warned companies about a fraud scheme involving fake emails that impersonate legitimate beneficiaries and business partners and ask businesses to change bank account details and transfer payments or outstanding amounts to new accounts. Police said fraudsters exploit genuine business correspondence to make requests for changes to bank details appear legitimate. As a result,…
The Abu Dhabi Police have issued a warning to businesses regarding a fraudulent email payment scheme. Scammers are using fake emails that mimic legitimate beneficiaries and business partners, requesting companies to update their bank account details and transfer payments to new accounts. This tactic exploits genuine business correspondence, making the requests appear legitimate.
If a transfer is completed, the fraud is often discovered only afterwards, potentially causing substantial financial losses. The police advise companies to be vigilant and not to make financial transfers based solely on emails requesting changes to bank account details. Instead, they should independently verify the information through official and authorized communication channels.
To avoid falling victim to this scam, businesses should strengthen their internal verification procedures, raise employee awareness about financial transactions and correspondence, and avoid responding to suspicious messages or sharing financial and banking information.
Written by urgent.news from Gulf News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
