Tuesday, October 30, 2007

GREAT MOMENTS IN BUSINESS

Supermarket loses $10 million in online scam

A supermarket chain received e-mails supposedly from Frito-Lay and American Greetings asking to change their bank accounts. They did--but no one checked.

Supervalu, one of the biggest supermarket chains in the US, which owns the Albertsons chain, was told to wire all future payments to new bank accounts. So they did. Now they're trying to get it back.

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