Aurora lost nearly $1.1M from city bank accounts after employee fell for phone scam

A phone scam caused the City of Aurora to lose nearly $1.1 million from city payroll bank accounts, officials said.

A city employee fell for the scam and disclosed “sensitive account information” on April 29 when they received a phone call from someone impersonating a bank representative, city officials said.

City officials became aware of the fraudulent payments shortly after the transactions occurred and “took immediate steps to mitigate impacts and begin recovery efforts” by notifying law enforcement, the city’s financial institution and hired outside cybersecurity experts, according to a statement from the city…

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