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Le Modelle is a boutique hotel located in New England. Rohan, the CEO, comes in each morning and checks his email account before starting the
Le Modelle is a boutique hotel located in New England. Rohan, the CEO, comes in each morning and checks his email account before starting the rest of his day. At the beginning of April, he notices an email from the IRS and opens it. The email requests that he log in to the company's IRS account to check on payroll tax payments. He clicks on the link and enters the company's credentials, but the link does not work. He makes a note to log in to the IRS accounts later that day. When he checks the accounts later that day, he finds no issues and disregards the incident. Three weeks after this scenario, the bookkeeper begins receiving insufficient fund notifications for regularly recurring bills. A review of the accounting records exposes a serious problem: the hotel's cash reserves were depleted. Unauthorized transfers amount to more than $1 million
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