Boston Real Estate for Sale

Shark Tank‘s Barbara Corcoran has been scammed out of $400,000 after her office unknowingly became a victim of a phishing scheme.

The incident unfolded last week when Barbara’s bookkeeper received an email about an invoice “approving the payment for a real estate renovation,” 

The following is from People Magazine:

“I lost the $388,700 as a result of a fake email chain sent to my company,” Corcoran says. “It was an invoice supposedly sent by my assistant to my bookkeeper approving the payment for a real estate renovation. There was no reason to be suspicious as I invest in a lot of real estate.”

The bookkeeper continued to communicate with whom she thought was Corcoran’s assistant and went ahead with the wire payment on Tuesday.

The error wasn’t noticed until the bookkeeper sent a follow up to Corcoran’s assistant’s actual address, informing her of what she had just done. That’s when the company became aware of the scam and the assistant noticed the hacker had altered her email.

Click on the link below to read the full article.

Source: People Magazine.

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