- Associated Press - Wednesday, February 4, 2015

OMAHA, Neb. (AP) - International scammers have bilked an Omaha commodities company out of more than $17 million.

The Omaha World-Herald reports (http://bit.ly/1DfkQ2x ) that an executive with The Scoular Co., which employs 800 and has about $6.2 billion in annual revenue, wired $17.2 million last summer to a bank in China after receiving emails instructing him to do so from someone pretending to be Scoular’s CEO Chuck Elsea and the company’s outside auditing firm.

Court documents say the emails used addresses set up in Germany, France and Israel and computer servers in Moscow.

The FBI says the emails appeared genuine and contained elements of truth, including references to Scoular expanding in China and the company official’s work with the auditing company.

Elsea says the business will not be affected by the loss.


Information from: Omaha World-Herald, http://www.omaha.com



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