Cases of financial institutions being defrauded have been common in recent years. Here are some specific cases that show the detailed process of the fraud: ### 1. **Business Email Compromise (BEC)** In a large enterprise, hackers obtained the login information of the business email of the head of the finance department through a phishing email. Subsequently, the hacker disguised as the head and sent an urgent email to the finance team, requesting a transfer to the bank account of a "new supplier". The finance team did not carefully verify the request and eventually transferred $1.5 million to the hacker's account. Afterwards, the company discovered the anomaly and conducted an investigation, and found that the victim's email was controlled by the hacker. ### 2. **Fake bank staff fraud** A customer of a bank received a call from someone claiming to be a bank customer service, claiming that the customer's account was abnormal and some information needed to be confirmed. The customer provided personal information and passwords on the phone, and under the guidance of the other party, transferred the funds to a "safe account". In fact, the funds were transferred to the account of the fraud group, and the customer eventually lost tens of thousands of dollars. ### 3. **Credit card fraud** A consumer served a branch of a bank. The fraudster applied for a credit card using stolen personal information (such as social media profiles) and used a fake identity to make purchases. When the bank discovered the anomaly and contacted the customer, the customer realized that his identity had been stolen and confirmed that he had not applied for the card. At this point, the amount of fraudulent purchases had exceeded several thousand dollars. ### 4. **Investment fraud** An investment company released an investment opportunity that seemed to have a "high return rate". The fraudsters attracted investors through social media and online advertisements. Victims were asked to transfer money to a "safe platform" or "trust account" for investment, promising generous returns. Many investors increased their investment after receiving small returns in the early stage, and eventually found that the platform was a scam and the funds could not be withdrawn. ### 5. **ATM fraud** At an ATM in a certain city, the fraudster used a device to intercept the customer's bank card information and managed to record the password entered. After that, the fraudster used the information obtained to continuously withdraw funds from the victim's account. The victim discovered that the account funds had been stolen a few days later, and ultimately suffered a loss of thousands of dollars. These cases show the diversity and complexity of financial fraud, reminding people to be vigilant when conducting financial transactions, ensure information security and verify the authenticity of communication. Financial institutions also need to strengthen security measures and raise anti-fraud awareness among employees and customers.