City of Mount Vernon, NY
01/08/2025 | Press release | Distributed by Public on 01/08/2025 09:37
The Comptroller’s Office Detects and Prevents Fraudulent Activity
The Office of the Comptroller recently identified unusual and unauthorized activity on one its accounts. Upon receiving an electronic notification of suspicious activity, along with reports of fraudulent
calls and impersonation attempts related to bank transactions, immediate action was taken to mitigate the threat. Our investigation confirmed fraudulent activity, and we promptly notified the bank.
Together, we successfully intervened to halt further transactions and safeguard the account. While approximately $400,000 in unauthorized transactions had been processed, an attempted fraud of
over $800,000 was averted due to the robust security measures in place. We are currently collaborating with the bank to recover the unauthorized funds and ensure the integrity of the account. This
incident underscores our commitment to maintaining the highest standards of security and vigilance in protecting public resources. Further updates will be provided as more information becomes
available.