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CEO fraud and the changed account number

An email from the boss or a regular supplier: "Our account number has changed." Businesses lose thousands of euros this way.

Updated: 2026-10-17

1How they do it

  1. Scammers secretly read along in a hacked mailbox, or create an address that is almost the same.
  2. At the right moment they send an email: an invoice with a new account number, or an urgent request from the director.
  3. They ask for secrecy: "It's about a takeover, don't tell anyone."
  4. The money goes to an account abroad and is quickly gone.

2A real example

"From: Peter (CEO) <peter@uwbedrijf-group.com> I'm in a meeting. Pay 18,400 euros to this lawyer today. Confidential."

3How to spot it

4How to protect yourself

How WolfKey helps

Most CEO fraud starts with a stolen password. With WolfKey, every account has a unique password that nobody knows, and without your phone nobody gets in.

Get WolfKey

Suspicious number, email or website? Check it or report it.

Examples have been made unrecognisable. Names and numbers in the examples are made up.

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