Video Report: Lexington recovers money stolen in email scam
Lexington has recovered all of the funds that were stolen in an electronic theft, Mayor Linda Gorton said.
The missing money – $3,905,837.05 – was seized from a private account, and refunded to the City today.
The city originally intended to transfer the federal rent assistance and transitional housing funds to the Community Action Council. The money was diverted into a private account by criminals, who inserted themselves into electronic communication between the City and Community Action and provided false transfer information.