All $1.04 million lost in scam back in Saskatoon accounts

Months after the initial fraud all $1.04-million has been returned to the City of Saskatoon accounts.

In an update on Christmas Eve, the city said it received the remaining $345,000 after the 30-day window of appeal passed in an Ontario court case.

The case in Ontario Supreme Court outlined how the money ended up in an account of a numbered corporation owned by a man that worked at Tim Hortons.

Back in August, the city announced it was the victim of online fraud.

It said someone, claiming to be a construction company CFO asked to change the banking information tied to an upcoming payment.

The city worker complied.

Since the fraud new policies were created to avoid a repeat incident, according to city officials.