Bank retrieves $625,000 Ketchikan borough sent to scammers

More than $600,000 was returned to the Ketchikan Gateway Borough on July 25 after the borough’s bank, Wells Fargo, successfully retrieved an electronic fund transfer that the borough made to a fraudulent account a couple of months ago.

Charlanne Thomas, the borough’s finance director said the borough was notified by Wells Fargo in May that it unknowingly sent money to a fraudulent checking account at Citibank after attempting to pay for the Dudley Field turf project. The contractor’s email account had been hacked by scammers who requested payment be sent to a different checking account.

Thomas...

 

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