Police investigate $30,000 fraud report
October 2, 2009
Total Loss:
$30,000
The president and CEO of a Ballard-based childcare organization reported the organization was defrauded of $30,000 that had been forwarded to the Ukraine, and a section transaction was for the same amount was in the works. After the Kids Co. official contacted Sterling Savings Bank, which handles at least one of their accounts, she learned the money might not be reimbursed because of the rules governing the network banking system that made the transfer. The fraud, which allegedly took place Sept. 11, was detailed in a Seattle police report released Wednesday.
Source:
Seattle Post Intelligencer
Posted in:
Account Takeover Identity Theft