- One school lost £19,150
- Fake email addresses used are almost identical to those of the real headteachers
Fraudsters are targeting people who hold a treasurer or accounting role in schools.
Victims are contacted by a fraudster who purports to be the headteacher or principal.
They are then asked by email to make a one-off, often urgent bank transfer of around £8,000 to £10,000.
The email address is typically almost identical to that of the real headteacher.
Fraudsters are targeting people who hold a treasurer or accounting role in schools claiming to be the headteacher or principal
There were a total of 48 reports of this type of fraud in the six months to February, according to City of London police figures.
The majority of cases, some 31, occurred in December and January. Kent was worst hit with eight cases, followed by Berkshire and Surrey with four each.
A quarter of schools affected lost a total of £145,124. The average loss was £9,915 with the highest being £19,150.
If you have been targeted by fraudsters contact Action Fraud online at actionfraud.police.uk or call 0300 123 2040.
If an email is unexpected or unusual check before carrying out any instructions.