Southern Oregon University has recovered less than a third of the $1.9 million it was bilked out of in an email fraud earlier this year.
In April, the university wired $1.9 million to fraudsters posing as the construction contractor for the McNeal Pavilion and Student Recreation Center project. Of that amount, $609,000 was recovered earlier this summer, according to SOU spokesman Joe Mosley.
“It’s money that remained in the frozen bank account,” Mosley said.
FBI Portland Bureau spokeswoman Beth Anne Steele said she wasn’t aware of any suspects charged in the fraud scheme, known as a Business Email Compromise scam, but wasn’t able to verify that Tuesday afternoon from the road.
Read more at the Medford Mail Tribune.