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City of Saskatoon lost over $1M in phishing scam, official says

CTV Information Saskatoon
Printed Thursday, August 15, 2019 12:15PM CST
Final Up to date Thursday, August 15, 2019 2:42PM CST

The Metropolis of Saskatoon was the sufferer of id theft, costing taxpayers $1.04 million, a metropolis official revealed Thursday.

Metropolis supervisor Jeff Jorgenson instructed media Thursday afternoon that an obvious fraudster had stolen the id of the chief monetary officer of a development firm with whom the town offers with.

The unidentified scammer then contacted the town, asking to vary the corporate’s banking data, Jorgenson mentioned.

 $1.04-million cost from the town then went to the fraudster’s account, fairly than the corporate’s.

The town realized it had been duped on Monday and went public with the incident within the curiosity of transparency, and to warn different organizations, the town supervisor mentioned.

Jorgenson declined to call the corporate that had been impersonated.

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