Milwaukee Public Schools Loses $450,000 in Bank Impersonation Fraud

Milwaukee Public Schools face bank fraud scheme alongside dire financial challenges

Milwaukee Public Schools lost $450,000 in a bank impersonation fraud scheme this week when the district was targeted by an external scam.

Milwaukee Public Schools loses $450,000 in bank impersonation fraud, changes CFO

MILWAUKEE — Milwaukee Public Schools lost $450,000 after falling victim to bank impersonation fraud and has appointed a new acting Chief Financial Officer, according to a statement from the district. MPS said it learned of the fraud that was “perpetrated by an external party” on Monday, Nov. 2. About $255,000 has since been recovered by […]

MPS out nearly $200K after falling victim to bank impersonation fraud

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Milwaukee Public Schools loses $450,000 in bank impersonation fraud

Milwaukee Public Schools was the victim of bank impersonation fraud by someone outside the district, resulting in an initial loss of approximately $450,000, Superintendent Brenda Cassellius announced Tuesday.

MPS falls victim to bank impersonation fraud scheme

U.S. Bank has already recovered over half of the funds that were lost, according to MPS.

Nearly $450K stolen from Milwaukee Public Schools in bank impersonation fraud

Milwaukee Public Schools was the target of a bank impersonation fraud where a suspect or suspects stole around $450,000.