We’ve reported on the rise of “fraudulent instruction” scams and concerns they raise for the cyber insurance industry.
This one targeted the campaign of Senator Jerry Moran (R, Kansas).
“Cybercriminals targeted the accounting firm employed by Moran For Kansas and money was wired to fraudulent bank accounts,” Moran for Kansas spokesperson Tom Brandt told NBC News. “As soon as a discrepancy was realized, it was reported to law enforcement. We are currently pursuing all avenues available to recover the money and there is an ongoing investigation with the FBI. The campaign also consulted with the FEC on how to transparently report the unauthorized expenditures.”
The campaign’s bank was later able to recover $168,184.03 of the stolen money.
The campaign for GOP Sen. Jerry Moran said it reported the alleged theft to authorities in Kansas and the FBI, which is investigating the matter.
Source: Kansas senator’s campaign says ‘cyber-criminal’ took $690,000