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SCOTT CO. SCHOOL DISTRICT RECOVERS MILLIONS

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SCOTT CO. SCHOOL DISTRICT RECOVERS MILLIONS

Unread postby SlapHappy » Wed May 01, 2019 1:47 pm

http://www.k105.com/2019/05/01/scott-co ... mail-scam/

SCOTT CO. SCHOOL DISTRICT RECOVERS MILLIONS LOST IN EMAIL SCAM
MAY 1, 2019 STATE NEWS


The Scott County School District has announced it has recovered the $3.7 million it lost last week after falling victim to a scam.

Superintendent Dr. Kevin Hub said an undisclosed vendor told the district it never was paid for an invoice from two weeks ago. An investigation by the school district showed it fell victim to a fraudulent email disguised as the vendor, costing the district $3.7 million.

“This is a process that we use currently in Scott County Schools,” Hub said in a statement. “It’s a way that we pay our vendors. And it was in this specific case, a single case, that we can verify, and this fraudulent email and fraudulent documentation is what caused this crime to happen.”

An internal investigation found no wrongdoing on the part of district employees, and the district will implement new safeguards in an effort to not fall victim to another scam, according to Hub.

The FBI continues to investigate.

By Ken Howlett, News Director
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