'Everyone told me I wouldn't get the money back and it just seems unbelievable!' Barbara Corcoran said in a statement to PEOPLE
“I lost the $388,700 as a result of a fake email chain sent to my company,” Corcoran said. “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 of last week. 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.
“The money was wired to the scammer yesterday and my bookkeeper copied my assistant, who was shocked to see her name on the correspondence. The detail that no one caught was that my assistant’s email address was misspelled by one letter, making it the fake email address set up by the scammers,” Corcoran explained.Barbara Corcoran
“The scammer disappeared and I’m told that it’s a common practice, and I won’t be getting the money back,” Corcoran said.
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