dticorp
Joined: 19 Aug 2006
Posts: 1760
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| Posted: Tue Apr 05, 2011 6:54 am Post subject: Conde Nast Paid $8 Million To Scammer Who Sent One Email |
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Conde Nast Paid $8 Million To Scammer Who Sent One Email
With a Parade of fancy fraud cases centered on Wall Street so much in Vogue, here is Chatter about a swindle lacking Glamour but still possessing a certain amount of Allure. A man not a New Yorker nicked Condé Nast, the magazine publishing empire full of Self-esteem, for $8 million simply by sending one email.
But the rich folks who own Condé Nast–the uber-billionaire brothers of Si and Donald Newhouse–got Lucky; the loot was retrieved intact.
There’s a big cautionary tale in this for accounts payable departments everywhere, be they north, south, east or W.
Rest of the article here:
http://blogs.forbes.com/williampbarrett/2011/04/03/conde-nast-paid-8-million-to-scammer-who-sent-one-email/
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