Business scammed into handing over £1million

A company in Suffolk is thought to have become the biggest single victim of a phone scam after handing over £1 million to bogus caller.

A business was conned into handing over more than £1m to a bogus caller who was pretending to be from the firm’s bank.

The fraud is believed to have netted the largest ever amount from a telephone banking scam in the UK.

The conman phoned the company in Suffolk and claimed that there was a virus on the firm’s internet banking facility.

He advised a member of the staff that the firm’s money should be transferred into separate holding accounts while the bank fixed the problem.

The caller managed to gain the trust of the staff member and persuaded them to download remote access software on the firm’s computer.

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