Eagle Mountain City lost $1.13 million in an “organized cybercrime” when someone impersonated a vendor on a city project.
An extensive electrical grid in Eagle Mountain on Wednesday, June 29, 2022. Eagle Mountain officials on Monday announced that more than $1 million was stolen from the city in an "organized cybercrime" scheme.Eagle Mountain City discovered it was the victim of an “organized cybercrime” scheme resulting in the loss of $1.13 million, according to a Monday news release.
Tyler Maffitt, a spokesperson for the city, said that the impersonated vendor was WW Clyde, a construction company working on widening Eagle Mountain Boulevard, the arterial road in the city. Since the theft was discovered, Eagle Mountain City has “strengthened its financial policies” regarding such payments “to implement an added layer of accountability for city staff when completing financial transactions,” the release states.
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