Vigilance against fraud on company bank accounts calls for teamwork

Something about the call seemed fishy.

First, the caller claimed to be a familiar customer, but Eddie Buttross, Vice President of Commercial Banking at First Horizon, didn’t recognize the voice.

Then there was the international wire transfer the caller was inquiring about. The fraud department had flagged it because it didn’t match the customer’s usual pattern of business.

“The request was to send $2 million overseas to buy oilfield equipment because they were (supposedly) setting up a…