Brisbane council loses $500k to scammers

Email and a phone call enough to secure nine payments.

By Darren Pauli

The local council of the Australian city of Brisbane has been fleeced of A$450,000 (£248,000, US$334,000) from email-whaling scammers who tricked staff into wiring money into their bank accounts.

The scammers phoned and emailed the council posing as one of its suppliers.

Lord mayor Graham Quirk has commissioned Deloitte to conduct a review into how the scam took place.

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Source: http://www.theregister.co.uk/

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