Posts Tagged: village of summit


6
Apr 10

Computer Crooks Steal $100,000 from Ill. Town

A rash of home foreclosures and abandoned dwellings had already taken its toll on the tax revenue for the Village of Summit, a town of 10,000 just outside Chicago. Then, in March, computer crooks broke into the town’s online bank account, making off with nearly $100,000.

“As little as we are, $100,000 represents a good chunk of money, and it hurts,” said Judy Rivera, the town’s administrator. “We were already on a very lean budget, because the tax money just isn’t coming in.”

Summit is just the latest in a string of towns, cities, counties and municipalities across America that have seen their coffers cleaned out by organized thieves who specialize in looting online bank accounts. Recently, crooks stole $100,000 from the New Jersey township of Egg Harbor; $130,000 from a public water utility in Arkansas; $378,000 from a New York town; $160,000 from a Florida public library; $500,000 from a New York middle school district; $415,000 from a Kentucky county (this is far from a comprehensive list).

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