At iFeeltech, we have firsthand experience with the frustration and confusion caused by these deceptions. Although an age-old trick, invoice fraud continues to evolve, catching even the vigilant guard. Recently, we faced a situation that brought this issue close to home.
An “invoice” appeared to come from our company, charging for services never provided. The scam reached a point where we received a call from an angry “client,” claiming an unauthorized charge. Initially, this caused considerable confusion and concern within our team. However, upon closer examination of the invoice, it became evident that it was a clever spoof.
This experience underscored a critical aspect of modern scams – they are no longer limited to targeting large, well-known companies. Small and lesser-known businesses are increasingly at risk. The scammers had meticulously replicated our branding, yet subtle discrepancies revealed the fraud. This incident was a stark reminder of the importance of vigilance and constant awareness, regardless of your business's size or industry.