Hackers steal $450K from City of Gold Bar Bank Accounts

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Over the past year, Hackers have managed to break into bank accounts belong to the City of Gold Bar and stole $450,000.

According to HeraldNet's report, the city has recovered about $230,000 of the $450,000 taken. They’re currently working with the Bank to recover the rest of it.

The security breach came to light on November 2011 when someone tried unsuccessfully to pass fake checks from city accounts.They immediately contacted law enforcement and the state Auditor's Office.

At the time, they closed out that bank account and opened others, but hackers managed to gain access to the new account as well.

"It was a very knowledgeable group of people," Mayor Joe Beavers said. "They really whacked up on us hard."



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