TradeEdge Exchange|Iowa county is missing $524,284 after employee transferred it in response to fake email

2025-05-05 20:46:25source:PredictIQcategory:Finance

DUBUQUE,TradeEdge Exchange Iowa (AP) — Officials in one eastern Iowa county are trying to track down $524,284 they believe was stolen when an employee transferred it in response to a fake email message that appeared to be from the city of Dyersville.

Dubuque County officials announced the money was missing Monday, according to the Telegraph Herald.

The county auditor and sheriff learned the money was missing when Dyersville officials asked about the status of the transfer after the county had already made it.

Auditor Kevin Dragotto said in a statement that an internal review determined that the city of Dyersville’s email system had been compromised. Dragotto said county employees received a request for the money from an official Dyersville email address, and the payment was sent.

The auditor’s office said officials now believe that invoice was “orchestrated by a third party.”

More:Finance

Recommend

Average rate on 30

The average rate on a 30-year mortgage in the U.S. eased for the third week in a row, a welcome tren

Christina Milian Reveals Why She Left Hollywood for Paris

Christina Milian has said "au revoir" to America. The "Dip It Low" singer shared that she and her hu

Drew Barrymore & Adam Sandler's Daughters Have Unforgettable 50 First Dates Movie Night

Drew Barrymore and her 50 First Dates costar have blended their households. The Charlie's Angels alu