A Nasty Con Strikes Condé Nast
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Media mogul Condé Nast allegedly began sending payments for printing jobs to a bank account it believed to be owned by Quad/Graphics of Sussex, WI, which prints magazines for the publisher. Citing court documents, Wired.com reported that the publisher's accounts payable department received an e-mail that appeared to come from the printer, asking that payments be sent to a specific bank account, and even included an electronic payments authorization form. According to the e-mail, the account was for "Quad Graph," a close match to the actual printer's name.
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