Growing your business requires dedication, strategy and smart financial management . Unfortunately, it can also make you a target for sophisticated scams. Fraudsters are not only looking to target your personal finances but also your employees’ and customers’ financial information.

According to the Better Business Bureau , more than 60% of businesses dealt with scammers in 2024. Popular scams included impersonation of vendors or documents, fake consultants and phony advertisements. These criminals reach into every aspect of a business, putting each employee and executive at risk of falling for a scammer’s ruse.

Imposter Scams

All types of fraud don’t look or act alike. Imposter scams can include:

• Phony Invoices: Scammers create documents that look like legitimate bills for prod

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