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City of Mobile victim of $14.7 million financial fraud, administration says
City officials said the $14.7 million transfer was part of a criminal scheme and that they notified federal investigators immediately.
Summary by FOX10 News
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8 Articles
Mobile mayor says $14.7 million scam involved Regions Arena project
Video above: Mobile scam incident involved the new Regions Arena | FULL NEWS CONFERENCE MOBILE, Ala. (WKRG) — Mobile Mayor Spiro Cheriogotis said the city scam that led to the transfer of $15 million to a "fraudulent entity" involved the new Regions Arena. During a news conference Wednesday afternoon, Cheriogotis released several new details about [...]
Mobile reports $14.7M loss in criminal fraud scheme
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Dothan Eagle
Alabama city scammed out of nearly $15 million
The city of Mobile has revealed that it may have lost more than $14.7 million after being targeted in “a criminal scheme.”In a sparse announcement made late Tuesday, the administration of Mayor Spiro Cheriogotis said that the scheme resulted in the transfer of the money to “a fraudulent entity.”
Coverage Details
Total News Sources8
Leaning Left2Leaning Right2Center3Last Updated43% Center
Bias Distribution
- 43% of the sources are Center
43% Center
L 29%
C 43%
R 28%
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