Nigerian web scam bilked Utah out of $2.5M – Experts: ‘Their IT people should have known better.’

Thieves apparently used a Nigerian-based scam to steal $2.5 million from the Utah treasury, covering their tracks by using intermediaries and a church address.

A Salt Lake Tribune review of the names listed in a search warrant as receiving or transferring money have names of African origin or connections to that continent. Michael Kessler, president of Kessler International, a forensic accounting and investigation agency in New York City, said the thieves appear to have used a simple scam that originated in Nigeria about five years ago.

By Nate Carlisle

The Salt Lake Tribune

Full Story: http://www.sltrib.com/news/ci_11691598