Orion S.A., a global chemical company with headquarters in Luxembourg, has become a victim of fraud: it lost approximately $60 million through “multiple fraudulently induced outbound wire transfers to accounts controlled by unknown third parties.” The scammers targeted an employee Orion S.A. is a manufacturer and supplier of carbon black, a solid form of carbon that’s used for manufacturing many everyday products, such as tires, textiles, and printing ink. “Orion has innovation centers on three … More
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