(File photo/CKOM News Staff)
Fraudster Recovery
City continues to recover money lost to fraudster
Aug 30, 2019 | 10:43 AM
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The city says it has now recovered $380-thousand in funds it lost earlier this month to a fraud scheme.
Most of the money the city lost is still frozen by court order.
On Aug. 12 the city discovered that a $1.04-million dollar payment to a construction company was re-directed to an account set up by a fraudster.
“Recovery of these funds continues to be a top priority and we’re encouraged to have over a third of the stolen money returned this early in the process,” said Interim Chief Financial Officer Clae Hack.
