Cranbury Township, New Jersey Loses $26M in Sophisticated Wire Transfer Theft

New Jersey Township Loses $26 Million in Wire Fraud Scam

A New Jersey township reportedly lost $26 million in a wire fraud scheme, highlighting the growing risks of cybercrime targeting local governments.

NJ town loses $26M — and Dems sat on theft until after Election Day

A New Jersey township lost a staggering $26 million in a fraudulent wire transfer -- but residents are furious that Democratic officials waited until three days after Election Day to disclose the massive theft.

Cranbury Township, New Jersey loses $26M in sophisticated wire transfer theft

Cranbury Township says it was the victim of a sophisticated $26 million wire fraud scheme tied to an affordable housing land purchase, with investigators freezing nearly $17.3 million in assets as the criminal investigation continues.

Cranbury Township lost $26 million in what it called a ‘sophisticated financial theft’

Cranbury NJ hit by $26M financial theft, mayor says

New Jersey Township Hit by $26 Million Wire Fraud Loss

NewsFinale NewsFinale Journal Cranbury Township, New Jersey, lost a staggering $26 million in a fraudulent wire transfer. But residents are furious that Democratic officials waited until three days after Election Day to reveal the massive theft. Mayor Lisa Knierim disclosed the loss in a Nov. 6 Facebook post, describing it as a “sophisticated financial incident.” “One of the […]