Puerto Rico’s Government Loses $2.6 Million in Phishing Scam

The government agency transferred the money on Jan. 17 after receiving an email that alleged a change to a banking account tied to remittance payments, according to a police statement. The situation comes as the U.S. territory remains mired in a 13-year recession.

Must Read

On the 100th Anniversary of the Negro Leagues, a Look Back at What Was Lost

Exclusion from Major League Baseball was hardly the most grievous injury African Americans suffered.

Jason Newsted Returning to Music after Years in the Art World

Former Metallica bassist and The Chophouse Band to showcase new music at Lighthouse Art Center.

Puerto Rico’s government has lost more than $2.6 million after falling for an email phishing scam, according to a senior official.

The finance director of the island’s Industrial Development Company, Rubén Rivera, said in a complaint filed to police that the agency sent the money to a fraudulent account.

Rivera said the government agency transferred the money on Jan. 17 after receiving an email that alleged a change to a banking account tied to remittance payments, according to a police statement.

- Advertisement -

Manuel Laboy, executive director of the agency, told The Associated Press that officials found out about the incident earlier this week and immediately reported it to the FBI.

“This is a very serious situation, extremely serious,” he said. “We want it to be investigated until the last consequences.”

Laboy declined to say how officials found out about the scam, whether anyone has been dismissed or how the company’s operations have been affected by the missing funds. He said an internal investigation is underway to determine whether someone was negligent or did not follow standard procedure, adding that government officials are trying to recover the money.

“I cannot speculate about how these things might happen,” he said, addressing heavy criticism from Puerto Ricans who were incredulous upon hearing the news.

- Advertisement -

Laboy added that his agency takes the management of public funds very seriously. “It’s a big responsibility.”

Police did not return calls for comment.

The situation comes as the U.S. territory remains mired in a 13-year recession that has in part forced the government to cut back on some services.

Puerto Rico’s Government Loses $2.6 Million in Phishing Scam

- Advertisement -

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Must-see video

Five of the Best Street Food Finds in Miami

Dive into deliciously different and tastefully off-beat stories in Miami's culinary world.

Trending now

Trump’s Big Bet on Career and Technical Education

Trump's proposal has a lot of potential to open up new job opportunities.

Fall in New Cases Raises Hope in Virus Outbreak in China

While most of the infections have been in China, it has gradually rippled overseas.

A Street Painting Festival Chalks Up Success Year After Year

One of the largest street painting festivals in the country, it attracts over 100,000 people each year.
- Advertisement -

More Articles Like This

- Advertisement -