How to recognize invoice fraud
PURPOSE
Invoice fraud tricks organizations into paying fake or altered invoices.
RED FLAGS
Unexpected invoices, changed bank details, urgent payment deadlines, unfamiliar vendors, vague services, or sender domains that do not match the vendor.
VERIFY
Compare invoice details to purchase records, contracts, vendor contact records, and previous payment instructions.
DO NOT
Do not approve payment from email alone when anything looks unusual.
BEST PRACTICE
Confirm payment changes using a known trusted vendor contact.