An Iowa company thought it was paying legitimate vendor invoices and transferred more than $800,000 to a scammer-controlled account; four years later, the US government has recovered about $375,000
Representative Image (AI-generated) An Iowa company that believed it was paying legitimate vendor invoices instead transferred more than $800,000 to a bank account controlled by a scammer in 2022. About four years later, the US government has recovered roughly $375,000 of the fraud proceeds through a federal forfeiture case. The US Department of Justice (DOJ), … Read more