BOULDER, Colo. (AP) — A Colorado school district has added safeguards after a scammer stole about $850,000 of bond construction money.
The Daily Camera reports the theft came to the district’s attention when contractor Adolfson and Peterson Construction asked for a payment on a past due account, even though the district had been sending payments.
The police report says the scam started when the Boulder Valley School District’s accounts payable department received a call from someone claiming to be with Adolfson and Peterson asking to change the way the company was paid.
The district instructed the person to fill out a form, which was returned with the signature of the company’s chief financial officer. That was later found to be a forgery.
An arrest warrant was issued for 36-year-old suspect Sherifdeen Mogaji.
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