Buchanan County Says It Has Recovered Most of the Money Stolen in a Construction-Related Scam
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Buchanan County says it has recovered most of the money stolen in a construction-related scam
Buchanan County has recovered a majority of the funds it lost in a targeted scam recently, according to its treasurer. Lonnie Keith Boyd said last week that the county had received $3,231,991 back through First Horizon Bank. That money, which has since been returned to the school district, was received on July 27. On Monday, Boyd said that an additional $66,900 had been recovered that day. Boyd confirmed that the original amount taken was close…
The scam no longer occurs on the street: it happens behind a screen The digitization of financial services simplified operations that previously required to attend a branch. However, that comfort also opened the door to new criminal modalities. Among them, phishing constitutes one of the most common ones. It is a technique of social engineering by which criminals supplant the identity of banks, public agencies or companies to obtain keys, valida…
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