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Walworth County finance staff report attempted accounts-payable fraud; controls tightened
Summary
Finance staff told the Walworth County Finance Committee an August attempt to reroute vendor payments was stopped before funds were lost; the county has added verification steps after an internal review and a sheriff's investigation traced the scheme to out-of-country actors.
Walworth County finance staff reported to the Finance Committee on Jan. 23 that an attempted accounts‑payable fraud from August 2024 was identified and stopped before funds were permanently lost.
Finance staff said the incident began with an email on Aug. 15 requesting a change to a vendor's bank account. The county received a voided check and a completed form; staff later discovered the form marked the request as a new electronic funds transfer when the vendor already had EFT information on file. On Aug. 22 the county issued a paper check for $289.69 as part of its verification steps. On Sept. 5 the county initiated a small EFT to the new account for $182.00. On Sept. 12 the county initiated an EFT for $789,074.14 with a…
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