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Analyst Steals Millions by Spoofing Director
A trading analyst from Maine has admitted to stealing millions of dollars by impersonating a company director to authorize transactions fraudulently. David Altenburg accessed his employer’s bank accounts to complete approximately 106 wire transfers and other withdrawals. Acting United States attorney, Donald E. Clark, said that between February 2019 and September 2020, Altenburg stole over $2.7 million by diverting funds into accounts under his control. To avoid arousing any suspicion when making the transfers, Altenburg impersonated a…
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