California demolition company falls victim to $447,000 cyber crime.

The Washington Post reports that California-based Ferma Corp. was the victim of a $447,000 cyber crime in mid-July. Computer crooks stole the money by initiating a large batch of transfers from Ferma’s online bank account to 39 “money mules,” willing or unwitting accomplices who typically are ensnared via job search Web sites into bogus work-at-home schemes.

Ferma President Roy Ferrari said he learned of the fraud not from his bank but from a financial institution at which several of the mules had recently opened accounts.

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