Post by hokesmyth on Aug 7, 2019 14:21:39 GMT -5
Courtland (Va.) High School has plans to install an eye-catching blue turf football field — but after a $600,000-plus payment was stolen, school officials are seeing red.
The Fredericksburg Free Lance-Star reports that a scammer sent school officials a phony invoice for the installation of the field, part of a $1.2 million overall investment for the project. The school wound up wiring money to the fraudster instead of to the company that had actually performed the installation. Officials reportedly notified authorities immediately after learning they’d been had.
School board chair Baron Braswell said that the theft was orchestrated over email. It’s an example of what’s known as phishing — where a target is contacted by someone posing as a legitimate entity in an effort to steal sensitive information such as banking and credit card information, or in this case, money.
The Fredericksburg Free Lance-Star reports that a scammer sent school officials a phony invoice for the installation of the field, part of a $1.2 million overall investment for the project. The school wound up wiring money to the fraudster instead of to the company that had actually performed the installation. Officials reportedly notified authorities immediately after learning they’d been had.
School board chair Baron Braswell said that the theft was orchestrated over email. It’s an example of what’s known as phishing — where a target is contacted by someone posing as a legitimate entity in an effort to steal sensitive information such as banking and credit card information, or in this case, money.
