Mr. Adil Rahman worked as a credit analyst for a subsidiary of a large electrical distribution and services company based in Pittsburgh, Pennsylvania. Part of Mr. Rahman’s job description involved contacting customers to collect outstanding invoices for the company’s services.
Between November 2022 and December 2023, Mr. Rahman allegedly sent an email to the accounts payable department of a client company asking the company to pay future invoices to Mr. Rahman’s employer by ACH transfer rather than by check. Mr. Rahman then allegedly provided his personal bank account information and received at least 15 diverted ACH transfers.
In May 2023, Mr. Rahman allegedly emailed the accounts payable department at a different client company and through the same scheme convinced this company to make 11 ACH transfers to Mr. Rahman’s personal bank account between May 2023 and July 2023.
In total, through this scheme, Mr. Rahman allegedly defrauded more than $1.4 million from his employer’s clients.
Phishing emails convincing companies to change payment information is a common scheme of embezzlement made possible through the use of technology. Therefore, steps should be taken to verify correct payment information before agreeing to wire transfers.
Photo by Tima Miroshnichenko
