New Scam Alert – Changing Payroll Direct Deposit Accounts
September 13, 2019
Mike Batts, CPA
BMWL has learned from multiple sources about a new attempted scam related to employee payroll direct deposit accounts. In yet another version of “spear phishing,” fraudsters send a genuine-looking email to the payroll department in an organization purporting to be from an employee, requesting a change in the bank account to which the employee’s payroll direct deposit is sent.
Be on the alert! Please make sure your payroll department verifies any such requests with employees independently of email, using a reliable and appropriate communication method.
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If you are a BMWL client and would like assistance addressing the information described in this Nonprofit Special Alert℠, we would be glad to help! It is our pleasure and privilege to serve you.
