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  • Why would you need a shark?

  • How in the world is one of the savviest business women in the country get scammed?

  • This morning I wired $388,000 until Full Spank account in Asia.

  • Shark Tank Star in real estate mogul Barbara Corcoran said she became a victim of a phishing email scam.

  • Her bookkeeper received what appeared to be a legitimate email from Corcoran's assistant, approving an invoice for $388,711.11.

  • It was to be paid to a company in Germany.

  • Corcoran told GM A that the bookkeeper wired the money someone sends Your bill is paid on this one instance.

  • It was not a good strategy.

  • The scam came to light when Corcoran's team realized her last name was misspelled.

  • When she showed me the e mails that went back and forth with the false address, I realized immediately it's something I would have fallen for if I had seen the emails.

  • Corcoran can't get the money back, even though she says investigators traced the scam to an email account in China.

  • Believe it or not, the same thing just happened to me.

  • My bookkeeper received this email that looked like it came from me.

  • Except the email address was off.

  • By one letter.

  • It asked her to send a cashier's check in the amount of $19,500 from my account to an address in Seattle.

  • While the good news is, my bookkeeper called me to confirm it, and that's when we discovered the scam.

  • Barbara Corcoran's advice is simple.

  • Be careful when you wire money.

  • I couldn't agree more.

Why would you need a shark?

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