Conde Nast, the massive publishing company that's home to glossy magazines like The New Yorker, Vogue and GQ, was apparently conned out of $8 million by a scam artist who sent one, well crafted email.
Andy Surface, the confidence man, posed as the publishers printing firm, Quad/Graphics, with a fake account he called "Quad Graph." Emailing Conde Nast headquarters as a representative of "Quad Graph," Surface duped someone at the company into signing an Electronic Payment Form and faxing it over to him. From them on, payments meant for Quad/Graphics were directed into Surface's account at his home in Texas.
According to a lawsuit filed on behalf of Conde last week, the company is in the process of recouping the funds, which the feds were able to seize while still held in the Surface account.
[Forbes]
