Newspaper article The Canadian Press

Calgary Businesses Stung for $100K in Fake Post-Secondary School Scam

Newspaper article The Canadian Press

Calgary Businesses Stung for $100K in Fake Post-Secondary School Scam

Article excerpt

Fake post-secondary schools scamming businesses

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CALGARY - Police are warning businesses about a new scam that has already cost Calgary businesses about $100,000.

Fraudsters pretend to be post-secondary institutions and contact businesses to place an order.

After interacting with the business owner, the scammers send a fraudulent purchase order that looks like an actual invoice from the post-secondary school they are pretending to be.

The items are then shipped to a local address not associated with the school and the business never receives payment.

Before the error is discovered, the product has been shipped elsewhere and the business can't recover the items.

Police say that 10 Calgary businesses have been targeted by this scam.

Officials advise business owners to educate their employees on how to recognize scams like this and make sure their customers are legitimate at all times. …

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