Internet thieves steal $600,000 from Des Moines Diocese
August 29, 2010 Leave a comment
By DAVID ELBERT
More than $600,000 has been stolen electronically from a Bankers Trust account belonging to the Catholic Diocese of Des Moines, the bank and diocese said Friday.
The thieves are believed to be “a highly sophisticated operation most likely based overseas” who transferred the money “to numerous recipients across the United States on Aug. 13 and 16,” the diocese said in a statement announcing the theft.
Bankers Trust alerted the diocese to the fraud on Aug. 17. The bank immediately shut down relevant bank accounts and began a process to recover the funds. “To date, approximately $180,000 has been recovered,” the diocese said.
“No diocesan or bank staff is suspected” of being involved in the theft, the diocese said.
The statement said that law enforcement officials have said similar thefts have involved the “participation of individuals who unknowingly act as intermediaries of the funds obtained by theft.”
Des Moines Diocese Bishop Richard Pates said in the statement that the loss is protected by insurance.
Source: By DAVID ELBERT firstname.lastname@example.org – DesMoinesRegister