Leading global producer of industrial coating resins suffers 'reverse' social engineering fraud

Synopsis

In early 2016, Posco Daewoo America (Daewoo), a chemical importer and exporter, was the target of a social engineering scam that resulted in a significant financial loss. An imposter, posing as a Daewoo accounts receivable employee, contacted Allnex U...

Companies

  • Allnex USA
  • Posco Daewoo Corporation

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