The Coastal Courier reported:
The City of Hinesville may be in line to recoup some of its losses after it was hit by a cyber thief earlier this year.
A city finance department staff members received an Feb. 6 from an accounting specialist alleging to be with one of the city’s vendors, with a request to update the city’s ACH (automated clearinghouse) banking information.
City officials called the bank to rescind the most recent transaction, but the bank was not able to do so. The two fraudulent pay requests amounted to more than $620,000.
The Department of Homeland Security sent a letter to the city in late June stating it had seized an account with $52,000 and the city was eligible to recoup some of the funds. City staff completed the forms and documentation that they were fraud victims and those forms have been sent back to the DHS.
A city finance department staff members received an Feb. 6 from an accounting specialist alleging to be with one of the city’s vendors, with a request to update the city’s ACH (automated clearinghouse) banking information.
City officials called the bank to rescind the most recent transaction, but the bank was not able to do so. The two fraudulent pay requests amounted to more than $620,000.
The Department of Homeland Security sent a letter to the city in late June stating it had seized an account with $52,000 and the city was eligible to recoup some of the funds. City staff completed the forms and documentation that they were fraud victims and those forms have been sent back to the DHS.
Find the original article and read more 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