This happened to us a few months ago, someone in our payroll dept got an email from our 'MD' asking them to make an urgent payment, he didn't question it sadly and made payment. It was only picked up at the end of the day when the bank was being reconciled but we did manage to get the money back as we contacted the bank. The fraudulent bank account was then reported but I don't think anything came of it..
My answers
This happened to us a few months ago, someone in our payroll dept got an email from our 'MD' asking them to make an urgent payment, he didn't question it sadly and made payment. It was only picked up at the end of the day when the bank was being reconciled but we did manage to get the money back as we contacted the bank. The fraudulent bank account was then reported but I don't think anything came of it..