Feb 20 / Admin

Victim: Hilliard 'phishing' scheme costs city $219,000, finance director his job

The Columbus Dispatch reported:   

Hilliard police are investigating an email phishing incident in December that resulted in the theft of nearly $219,000 from the city and the firing of the city's finance director.

On Dec. 8 and 19, an accounting assistant in the city's finance department received emails from someone pretending to be an existing vendor, Strawser Paving Company. The Dec. 19 email convinced that employee to change the bank account routing information the city had for the company.

A day later, the city paid that account $218,992.06. Taking such actions is part of the standard work of an accounting assistant, but there is a verification protocol that was not followed, according to city officials.

Find the original article and read more here.

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