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Dwelling House Failure: A Story of ACH Fraud

Pittsburgh’s Dwelling House has a long community service history in Pittsburgh, going back more than 100 years. A group of “outside criminals” perpetrated false transactions through ACH, totaling more than $3 million. Pittsburgh police and the FBI continue to investigate the crime. The community came to the bank’s aid, but it wasn’t enough to keep the bank alive. Its story may save your institution from a similar end, and your board of directors may save it from being forced to make a similar fate.”]

Source: https://www.cuinfosecurity.com/blogs/dwelling-house-failure-story-ach-fraud-p-275

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