April 9, 2019
City treasurer Marian Simulik fell for a "fake CEO scam" and wired more than $100,000 to a fraudster last summer, according to a startling report from Ottawa's audit general released Monday afternoon.
Many people receive suspicious emails asking for money, a practice known as phishing. But the scam perpetrated on Simulik is known as "whaling" because it targets big fish, like CEOs and chief financial officers.
And that's what happen to Simulik on July 6, when she received an email that appeared to come from city manager Steve Kanellakos, asking her to pay a city supplier $97,797.20 US, currently worth about $130,000 Cdn.
She searched the ...