Business identity theft can be described as the misappropriation of an organization's tax identification number or other sensitive information necessary to imitate the identity of the business for illicit purposes. Criminals obtain tax identification numbers through various means, such as searching for them online, examining filings with securities regulators, reviewing tax forms, phishing or social engineering.
This articles mention some US fraud schemes but it is not beyond imagination that the activity is global given that business data is easily available online in many databases.
For more read:http://www.acfe.com/fraud-examiner.aspx?id=4294981064
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