"Good morning, Leslie. In light of an investment that I'm finalizing, I need you to wire $150,000 from the cash reserves in our primary brokerage account to United Industries. The wire instructions are…"
Leslie, the personal assistant for a highly successful entrepreneur, didn't find anything unusual about this request from her boss. At least, not until she received another one like it within a week of processing the wire.
"Leslie, we'll need to move another $90k to United Industries. Please process accordingly using the same instructions."
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
