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Commercial Crime Policy Covers Loss Involving Fraudulent Email Directing Employee to Make Payments | Wiley Rein LLP

The United States Court of Appeals for the Ninth Circuit, applying California law, has held that a loss resulting from an employee’s payments made to a third party after receiving.

Win for Victims of Fraudulent Bank Transfer Schemes

Ninth Circuit dealt with a case involving a scenario that is becoming all too common. In Ernst & Haas Mgmt. Co., Inc. v. Hiscox, Inc., a property management company’s accounts payable clerk received several e-mails from her supervisor instructing her to pay invoices.

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