The Business Advisory Blog

The Business Advisory Blog

Insight, news and updates from Alliott NZ Chartered Accountants, Auckland New Zealand. The views expressed here are the views of the author and should be discussed in further detail should an article be relevant to your individual circumstances.

While every effort has been made to provide valuable, useful information in this publication, this firm and any related suppliers or associated companies accept no responsibility or any form of liability from reliance upon or use of its contents. Any suggestions should be considered carefully within your own particular circumstances, as they are intended as general information only.

Greg Millar
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Email fraud scheme involving payroll – what to look out for

SmartPayroll has been advised by banks they work with that there is a new email fraud scheme circulating that involves payroll.

SmartPayroll logoThey outline what to look out for.

What’s happening?

The employer receives an email that appears to be from their employee.

The email requests that the employer changes the employee’s bank account details in the payroll system for salary/wages payment.

If the employer changes the bank account details, then the money is paid to the offender.

What you should do to prevent the fraud

SmartPayroll recommends that you carefully check any requests to ensure that they definitely came from your employee.  

What you should do if you discover fraud has occurred

If you discover that this fraud has taken place within your company, you should immediately advise your bank.

Contact Alliotts in Auckland to discuss how we can help you get the most out of SmartPayroll in your business or read more here.

Topics: employees employers Payroll scam Smart Payroll