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Save the Children Charity Org Scammed for Almost $1 Million

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If certain crooks have some sort of moral compass that keeps them away from certain victims, others ditch such boundaries for the right amount of money. A perpetrator from the latter category was able to fool the charitable organization Save the Children into misdirecting close to $1million.

The scam occurred in May 2017 but remained unknown to the larger audience until today. It was a matter of creating false payment documents and sending them to people authorized to make money transfers from an email account belonging to someone working for the organization.

Typical business email compromise fraud

Close to $1 million was sent this way to an entity in Japan, allegedly for purchasing solar panels for health centers in Pakistan, a country where Save the Children has been present for over 30 years.

Stopping the money wire was no longer possible by the time the organization learned about the fraudulent activity. However, the entity was able to get most of the moneythrough...(continued)

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