Posts Tagged: North Garland County Regional Water District

Mar 10

Organized Crooks Hit NJ Town, Ark. Utility

An Arkansas public water utility and a New Jersey town are the latest victims of an organized cyber crime gang that is stealing tens of millions of dollars from small to mid-sized organizations via online bank theft.

On Thursday, officials in Egg Harbor Township, N.J. acknowledged that a sizable amount of money was taken in an “outside intrusion into a municipal banking account,” suggesting in public statements that computer criminals were responsible.

On Monday, details began to emerge that implicate the work of the same gang that Krebs on Security has been tracking for close to a year now.

Mayor James J. “Sonny” McCullough confirmed that the thieves took close to $100,000 from town coffers, sending the money in sub-$10,000 chunks to individuals around the country who had no prior businesses with Egg Harbor.

McCullough said the town is working with local authorities and the FBI.

“There’s a possibility that the bank will be able to [retrieve] some of the money,” McCullough told Krebs on Security.

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