Impersonation fraud impacted nearly half-a-million UK SMEs since 2017

In December last year, Christine Campbell, who managed one of John Kahlbetzer, an Australian millionaire's accounts, received an e-mail from him asking her to transfer $1 million from his account to one David Aldridge, a British citizen. Kahlbetzer was on Forbes' list of Australia's 50 richest people and boasted a net worth of $950 million.

Copyright Lyonsdown Limited 2020