Most of the money in City of Saskatoon fraud case has been locked down
The City of Saskatoon says it is making progress on recovering the $1.04 million it lost in a fraud scheme.
“While it is early in the investigation, we’re pleased to say most of the funds have been identified or traced and have been locked down by court order,” City Manager Jeff Jorgenson said Monday.
Jorgenson adds the city is continuing to chase down leads and working with the banks as well as police.
“Recovery of the remaining funds, further fortifying our controls and gathering all the facts continues to be the city’s No. 1 priority,” said Jorgenson.