FBI Warns of Advance Fee and BEC Schemes Related to PPE and Supplies Procurement during COVID-19 Pandemic
The FBI has issued an industry alert warning of rapidly emerging advance fee and business email compromise (BEC) schemes related to procurement of personal protective equipment (PPE) and other equipment in short supply during the current COVID-19 pandemic. The FBI recently became aware of multiple incidents of government agencies, attempting to procure such equipment, wiring transferred funds to fraudulent sellers in advance of receiving the items. In one case, an individual claimed to represent an entity with which the purchasing agency had an existing business relationship.