Sep 8, 2011
A common scam in the 70s was used a lot by office supply companies. And, yes, today it would be called phishing but it goes further than that. After getting some critical names---such as the office manager's---invoices for all sorts of things would start showing up. The amounts were not large and most companies would pay them without further investigation. But multiply the bogus invoices by a million and you have a tidy sum.
Of course, no product was ever delivered. Or, if something did get delivered it might be something like a dozen boxes of staples ---no big deal. But "box" would be a gross of small staple boxes of 1000 or 1,628,000 staples. A large corporation would pay for the goods and it would be months before it got things straightened out.By that time, the scammers would be long gone. Beware!