Guest column: Email scam costs businesses billions of dollars

By Randy Hutchinson, Guest Columnist Updated: October 13, 2018 6:52 PM CT | Published: October 13, 2018 6:51 PM CT

Guest Columnist

Randy Hutchinson

Randy Hutchinson is the President and CEO of the BBB of the Mid-South, serving 28 counties in Tennessee, Mississippi and Arkansas. He graduated from Western Maryland College and has an MBA from Wilmington College.

Most businesses would be ecstatic if their revenue increased more than 100 percent in less than two years. Scammers are business people too, scams are their products, and the FBI reports that their revenue from one scam increased 136 percent between December 2016 and May 2018.

Topics

Better Business Bureau Of The Mid-South guest column Scammers

Want to comment on our stories or respond to others? Join the conversation by subscribing now. Only paid subscribers can add their thoughts or upvote/downvote comments. Our commenting policy can be viewed here.

Guest column: Email scam costs businesses billions of dollars

Randy Hutchinson

Topics

Comments

Local business news in your inbox every week.

Trending Now

CBU president retires unexpectedly in midst of financial struggle

Two dead after Orange Mound block party shooting

Calkins: Mayor Young has a request for Memphians: Don’t leave.

Memphis AD Laird Veatch leaving for Missouri

Trial in Ja Morant case delayed; attorneys for Holloway withdraw