Could this be the riskiest week for wire fraud in six years?
The answer is yes!
With the Fourth of July being observed on Friday, unfortunately, this creates an opportunity for scammers. One thing different about this year than in previous years is that the federal reserve is open!
As fraudsters attempt to take advantage of this situation, scams on Thursday and wires sent to fraudulent accounts presents a risky scenario as you will have a much lower chance of recovery if the fraud isn’t detected until next week.
