January 8, 2016
We want to alert you to a new scam targeting film and television productions, wherein an email wire transfer request or similar is sent from a show principal/executive and may then be followed by an email confirmation for the request from another show principal. Though emails from both principals appear to be credible, they are consequently discovered to be from criminal third parties, and the transferred funds are stolen. According to the FBI, this scheme is becoming increasingly common.
Although it may have previously been protocol on your shows for email requests to facilitate such transactions, we urge you to be extra diligent and to only process requests such as these after they have been verified through direct, personal contact with both the requesting and approving individuals.
We at Entertainment Partners place the greatest emphasis on the security of your production data and finances and ask you to help spread the word to help prevent more productions from falling prey to this criminal activity.