‘Shark Tank’ star Barbara Corcoran loses almost $400K in phishing scam

 pagesix.com  02/26/2020 23:35:44   Lindsey Kupfer

This time, a phish caught a shark.

The Corcoran Group founder Barbara Corcoran lost almost $400,000 on Wednesday after falling victim to a phishing scam, a type of fraud in which personal information is obtained via realistic-seeming fake emails, Corcoran confirmed to Page Six in a statement Wednesday night.

The “Shark Tank” star’s bookkeeper received an email last week  that appeared to have been sent by Corcoran’s assistant  giving a thumbs-up to pay a German company called FFH Concept GmbH $388,700.11. Her bookkeeper asked what the money was for and received a response from the “assistant” claiming the money was for designing the German apartment units Corcoran, 70, invested in.

Unfortunately for the bookkeeper, FFH Concept GmbH is a real company and Corcoran does invest in real estate, so the transaction seemed legitimate, until, that is, the bookkeeper sent off the payment and emailed Corcoran’s actual assistant a follow-up.

It turned out the fraudster had changed just one letter in the assistant’s real email address to create the fake from which the fraudulent messages were sent.

Its true and a bummer,” Corcoran told us. “The scammers disappeared and Im told that its a common practice and I wont be getting the money back. I was upset at first but then remembered it was only money.”

Per TMZ, Corcoran’s team traced the scam emails back to an IP address in China, and her lawyers are working out their next steps.

Corcoran may not feel the loss too much. Last month, she was reported to have an estimated net worth of $80 million.

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