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Impostors bilk Omaha's Scoular Co. out of $17.2 million


From: InfoSec News <alerts () infosecnews org>
Date: Thu, 5 Feb 2015 14:51:04 +0000 (UTC)

http://www.omaha.com/money/impostors-bilk-omaha-s-scoular-co-out-of-million/article_25af3da5-d475-5f9d-92db-52493258d23d.html

By Russell Hubbard
World-Herald staff writer
FEBRUARY 4, 2015

Corporate cybercrime on an international scale has hit one of Omaha’s biggest and oldest companies.

The Scoular Co., an employee-owned commodities trader founded 120 years ago, has been taken for $17.2 million in an international email swindle, according to federal court documents.

An executive with the 800-employee company wired the money in installments last summer to a bank in China after receiving emails ordering him to do so, says an FBI statement filed last month in U.S. District Court in Omaha.

The orders turned out to be a fraud.

[...]

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