Home Business Monadnock Ledger-Transcript – $2.3M Peterborough scam started months earlier

Monadnock Ledger-Transcript – $2.3M Peterborough scam started months earlier

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An email scam that bilked Peterborough taxpayers out of $2.3 million began months before fraudulent transactions were actually made, but nobody at Town Hall ever noticed email misspellings or discrepancies that could have signaled a crime in progress.

The town announced Friday the U.S. Secret Service has recovered $594,000 of the missing money, reducing the loss to $1.7 million.

Vendor payments intended for the ConVal School District and bridge contractor Beck and Bellucci were misdirected to the fraudster in July and August, but the scam actually began in the spring, Town Administrator Nicole MacStay said. That’s when those behind the fraud first posed as being with other organizations and sent emails to the town, all in furtherance of the ultimate plot to target public money meant for the school district and the contractor, the two groups that receive the largest payments from the town, MacStay said.

“There were a number of organizations that they…

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