In an article last year, we outlined how English law is wrestling with the problem of how to do justice between a number of different parties who are all the victims of fraud. There has been an interesting development which offers some hope to victims of the fraud and will concern the banks that paid […]
Tag: APP
APP Scams – redress for the victim
The fact pattern is depressingly familiar: Party A owes money to Party B for goods or services. A fraudster, whether by hacking the emails of A or B or otherwise, manages to present an invoice to A with B’s account details revised so that when A pays, the money goes to an account held by […]