Appalachian State University scammed out of nearly $2M

WTVD logo
Tuesday, May 16, 2017

BOONE, North Carolina (WTVD) -- A North Carolina university has been scammed out of nearly $2 million.

Appalachian State University, which is currently undergoing construction, received an email from someone posing as the construction company that is building their new health science college, according to WLOS-TV

In the email, they pretended to be the company's finance technician and provided ASU with new payment information.

Even though the bank account provided to the university was bogus, the error was not caught immediately.

The FBI got involved and has recovered most of the money.

Read more from WLOS

Report a Typo