Posted September 20, 2022
SFA is alerting our suppliers to a fraud scam that is targeting suppliers at universities including Stephen F. Austin State University. Take precautions so that your company is not a victim of this scam.
The fraud scam involves purchase orders and requests for product quotations that purport to originate from the university but are in fact fraudulent.
The scam operates in the following way: the supplier will receive an email requesting a quotation for goods. Later, a purchase order is emailed to the company that bears resemblance to an authentic university purchase order. The purchase order instructs delivery to an address not affiliated with the university. After shipping the merchandise, the company never receives payment and is unable to recover the shipped goods.
Please confirm the address for any suspicious or large dollar orders with SFA. Feel free to contact SFA Procurement and Business Services at any time to confirm any future quotes and/or purchase orders.
SFA Procurement and Business Services appreciates the very important role our suppliers play in providing goods and services to our faculty and staff in support of our academic, administrative and support endeavors.
While SFA cannot prevent this fraudulent activity, we supply our information security officer with details to investigate any suspicious activity as we become aware of specific instances.
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