Categories: Oregon News

City of Portland targeted in $6.7 million fraud scheme

PORTLAND, Ore. (KOIN) — City of Portland officials said they are working with local and federal law enforcement agencies to investigate a $6.7 million fraud scheme.

About $6.7 million set aside for use in the Bull Run Filtration Project was redirected due to the fraudulent activity, according to the City of Portland.

Initially, the city filed a lawsuit against a New York law firm whose account held the deposited funds, Portland officials said. However, the lawsuit will be dropped after “the law firm provided information supporting that they were also a victim.”

Sponsored

“The law firm has cooperated with the City of Portland and others to facilitate securing the funds,” the City of Portland said in a press release. “The funds are currently in the custody of the U.S. Marshals Service.”

Sponsored

The city said it is taking the matter seriously, will work to hold others accountable and is committed to transparency as the investigation continues. They also said the information that they can share about the case may be limited as the investigation is underway.

According to the original lawsuit, a man going by the alias John Lisman allegedly fraudulently presented himself as a vendor for the Bull Run Filtration Project and manipulated city officials into rerouting the $6.7 million.

rssfeeds-admin

Share
Published by
rssfeeds-admin

Recent Posts

Trump administration is allegedly collecting $10 billion on the TikTok deal

In September, Donald Trump claimed that "the United States is getting a tremendous fee" for…

6 hours ago

Father & son accused of concealing homicide suspect in Abilene

ABILENE, Texas (KTAB/KRBC) - Two men in Abilene, a father and son, were arrested Friday…

6 hours ago

Meta is reportedly laying off up to 20 percent of its staff

According to Reuters, Meta is looking to offset spending on AI and data centers with…

9 hours ago

Buffy: New Sunnydale Continuation Series Scrapped, Sarah Michelle Gellar Confirms

Hulu has decided to scrap Buffy the Vampire Slayer: New Sunnydale, its planned continuation series…

9 hours ago

Canterbury town meeting progresses with congeniality, efficiency and some humor

Jostling a folded piece of paper, holding it marooned in the air, selectman Beth Blair…

11 hours ago

Boscawen voters address bus service concerns

Boscawen voters cruised through a speedy town meeting Friday night, one with so little controversy…

11 hours ago

This website uses cookies.