As reported in an earlier article, the money had been intended for a Luxembourgish construction company. The fund then received an English email explaining the company had moved its bank account to Poland. The email requested that €850,000 be transferred to the Polish account - which the Housing Fund proceeded to do.
According to Housing Fund spokesperson, the Housing Fund now managed to recover approximately €650,000 of the €850,000. It remains unclear whether or not the remaining money will also be recovered.
The spokesperson stressed that the procedures were ongoing.
How did the Housing Fund get scammed out of €800,000?
Housing Fund scammed out of €800,000
Housing Fund's director leaves role by mutual agreement
