Fed gives up on millions lost to fraudster
Sep 15, 2013 / 8:22 am
New documents show the federal government has quietly abandoned any hope of getting back millions of dollars misappropriated by a former public servant.
The documents say a Public Works employee stationed in the German city of Koblenz transferred $3.3 million of government money into three personal bank accounts.
The employee made 18 transfers to banks in the Netherlands, Luxembourg and Belgium between April and June 2004.
Details of the multimillion-dollar fraud from nearly a decade ago are only now coming to light after The Canadian Press obtained briefing notes, memos and other documents under the Access to Information Act.
Public Works hired a debt-collection agency in January 2011 to track down the man in the United States.
After more than a year, the department stopped trying to collect money from him after the collection agency located the man but discovered he had few assets.
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