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12 Dec 2022

A fake company, unsuspecting ‘money mules’ and bitcoin: How a Manitoba municipality lost $450K

Author: admintech | Filed under: Finance/ Money
USA-SURVEILLANCE/MICROSOFT

In early 2020, the Municipality of WestLake-Gladstone became the victim of a sophisticated cyberattack — one that involved a fake company tricking over a dozen students and new Canadians into acting as intermediaries to bilk the municipality out of more than $450,000.