Iowa's News Now reported:
DES MOINES, Iowa — The state auditor says two Iowa school districts recently lost thousands of dollars to scammers.
Auditor Sand says one of the school districts lost $100,000 after they got a fake email telling them to send payments to a new address, in what's known as a Business Email Compromise (BEC) scam.
The other school district's bank account was targeted by scammers engaging in a check fraud scheme where they got away with $10,400.
Auditor Sand said the scammers made up fake checks with the district's bank account and routing numbers on them, then successfully cashed two of the checks at area banks.
DES MOINES, Iowa — The state auditor says two Iowa school districts recently lost thousands of dollars to scammers.
Auditor Sand says one of the school districts lost $100,000 after they got a fake email telling them to send payments to a new address, in what's known as a Business Email Compromise (BEC) scam.
The other school district's bank account was targeted by scammers engaging in a check fraud scheme where they got away with $10,400.
Auditor Sand said the scammers made up fake checks with the district's bank account and routing numbers on them, then successfully cashed two of the checks at area banks.
Find the original article and see an example of the message 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