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World Service,2 mins

French Victim of 'CEO Fraud'

World Business Report

Available for over a year

Carole Gratzmuller is head of a French business that fell victim to CEO fraud. Criminals forged Carole's identity in emails to one of the company accountants. They tricked the accountant into initiating around $500,000 in wire transfers out of the company accounts, thinking she was following instructions from Carole herself. Luckily not all the money went through. She tells the ÃÛÑ¿´«Ã½'s Marie Keyworth how she found out the fraudsters were impersonating her for financial gain.

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