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    Manufacturer Orion SA says scammers conned it out of $60M

    • Identity Theft, Fraud, Scams
    • August 14, 2024
    • The Register
    Orion SA recently disclosed to US regulators that it fell victim to a criminal wire fraud scheme resulting in a $60 million loss. The incident, possibly a BEC scam, involved fraudulent wire transfers to unknown third-party accounts by an employee.
    Read More
    • Orion SA
    • Business Email Compromise (BEC)
    • BEC scam
    • Form 8-K
    • Stolen Funds
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