Legal Seminar, Chicago, IL

American Tooling Center

 Fraudsters obtained the legitimate invoices  Sent email to tool and die company with new account for payments  Company changed the target bank account  $800,000 was lost

Medidata v. Am. Tooling

Medidata

Am. Tooling

Employee receives email

Employee receives email Fraudsters use “rnould.com” instead of “mould.com”

Fraudsters’ code causes executives name and photo to appear Made claim under computer fraud provision

Made claim under computer fraud provision

Claim covered

Claim denied