A Donegal sergeant says that businesses in the north west have been targeted in the same way as a scam that led to the theft of €4.3m from Meath County Council.
The money is now frozen in a bank in Hong Kong after the incident was detected in recent days.
Crime Prevention Officer in Donegal Paul Wallace is urging all businesses and not just Local Authorities to increase their awareness about these scams.
Sergeant Wallace says they prevented two similar attacks in south and central Donegal this year.
He says it’s called ‘CEO fraud’ and says financial departments of businesses are being targeted.
He says businesses need to increase their awareness:
