Aluminium du Maroc supplier bank-detail change diverts payments
Channel
Unspecified
Target
Businesses
Reported incident or attempt
How the approach works
An impostor requested replacement bank details for a metal supplier. Aluminium du Maroc then paid into a third party’s account. The supplier’s subsequent payment demands exposed the diversion.
What they wanted
Divert supplier payments
Reported outcome
USD 5,060,948 diverted according to statement quoted by TelQuel. Investigation ongoing at publication; recovery unknown.
Source & context
telquel.ma (1) ↗www.ammc.ma (2) ↗Published: 2016-06-17; company statement dated 2016-06-20, not independently opened
