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Quincy's pension fund lost $3.5M in an email scam last year

QUINCY, Mass. (AP) An employee of Quincy s pension fund wrongly sent $3.5 million in a wire transfer in February 2021 in response to a scam email and the funds ....

Michael Sacco , John Parsons , Thomas Koch , Public Employee Retirement Administration Commission , Quincy Retirement Board , Patriot Ledger , Quincy Mayor Thomas Koch , Pension Reserves Investment Management Board ,

Quincy Retirement Board lost $3.5 million in email phishing scam

One of the Quincy Retirement Board s investment managers followed a set of email instructions to wire $3.5 million to an unknown third party. ....

Michael Sacco , John Parsons , Mary Whitfill , Public Employee Retirement Administration Commission , Quincy Retirement Board ,

Cyber thieves steal $3.5 million in Quincy pension fund hack

The email phishing scam targeted Quincy employees’ retirement funds, according to officials. Read more at Boston.com. ....

John Parsons , Public Employee Retirement Administration Commission , Patriot Ledger , Quincy Retirement Board ,

Quincy employee pension fund hacked

The $3.5 million stolen is still missing from the pension system that represents more than 3,000 people, from active city employees to retirees and survivors. ....

United States , City Of Quincy , Quincy City Hall , Tim Hauser , Mike Beaudet , Jon Wells , Employee Benefits Security Administration , Public Employee Retirement Administration Commission , Quincy Retirement Board , Quincy City , Cyber Hack , 5 Million ,