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Computer Consultant Allegedly Siphoned $1M From Utah Bank

April 14, 2009
Total Loss: $1 Million
Morris made false deposits via several electronic transfers into his personal and business accounts from June of 2008 to January of 2009 -- all to the tune of over $1 million. He allegedly used the money to remodel his home, pay off his two car notes, and cover a few mortgage payments.
Source: Switched.com
Posted in: Internal Fraud
Tags: internalaccount takeoverover 1m