Heads rolled in this one, when executives did not spot or prevent business email compromise. As reported by DutchNews.nl:
The Dutch operation of the Pathé cinema group was ripped off by internet con men to the tune of over €19m, court documents published on Friday show.
The con cost both the chief executive and financial director of the Dutch operation their jobs, and it is unclear if any of the money has been recovered.
The court documents, which cover the unfair dismissal case brought by sacked finance chief Edwin Slutter, show in detail how the thieves went about scamming Pathé Nederland earlier this year.
Read more at DutchNews.nl.