The Record reported:
A school district in the northeast corner of Tennessee lost more than $3 million earlier this year after an employee was tricked into sending funds intended for online curriculum materials to a fraudster.
After a back-and-forth exchange about banking information and payment dates, the school officer initiated two wire transfers in April totaling $3.36 million to a Wells Fargo bank account. The money came from the Tennessee Investment in Student Achievement budget — a state program to help fund public schools.
After a back-and-forth exchange about banking information and payment dates, the school officer initiated two wire transfers in April totaling $3.36 million to a Wells Fargo bank account. The money came from the Tennessee Investment in Student Achievement budget — a state program to help fund public schools.
View the original article and read how a romance scam was involved here.
Enroll in Training Sessions: Last Thursday of Every Month is Training on Frauds and New Scam Alerts and How to Combat
Enroll in Training Sessions: Last Thursday of Every Month is Training on Frauds and New Scam Alerts and How to Combat