City of Pittsburg Recovers Majority of Funds After $913K Phishing Scam
The City of Pittsburg, California, has disclosed a significant phishing scam that resulted in the unauthorized transfer of $913,839.81 to a fraudulent account. The incident, which occurred on February 12, involved a spoofed account pretending to be a known city vendor. Upon discovery, the city's police department acted swiftly, freezing the account and recovering $696,241. The remaining $217,598 is being pursued through an insurance claim. The investigation, involving 18 search warrants and 116 accounts, identified the primary suspect as being based in Nigeria, with additional suspects in the U.S. The FBI and U.S. Attorney's Office are involved in the ongoing investigation.