Sep 17 / Admin

New Scam Alert: Police Investigation Recovered Funds from Check and ACH Fraud

CBS Austin reported:   


HUTTO, Texas — The City of Hutto recovered $286,000 involved in two separate criminal investigations.

According to city officials, the first incident happened in mid-May. A paper check issued by the city was intercepted and used to produce a counterfeit check amounting to $93,000. That money was deposited into an account in Florida.

In August, a fraudulent party impersonating a known city vendor requested $193,000, which was then transferred out of the city’s bank account.

The Hutto Police Department investigated the incidents and, as a result, the money was recovered.

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