Macmahon Holdings, which recently lost its chief executive after a big earnings downgrade, has blamed
a false email chain discussing a supposed Chinese takeover offer, for a temporary trading halt today.
This actually came to mind because yesterday I saw on someone's LinkedIn update that a UK solicitor that was helping some clients sell property — and that was his business doing the conveyancing and distributing sale proceeds — had his
email compromised, the client's
email was compromised, and somewhere a crook inserted themselves into the communications
chain and provided
false banking information.