$5.6 Million Is Seized in Lubbock, Reports Say Target Was Victim of Fraud
On Thursday, April 8th, 2021, around $5.6 million, said to have been taken illegally from Target Corporation, was seized from two Lubbock bank accounts.
KAMC News reports that the two accounts were created under the name of WIS SAFETY, LLC., which was established back in 2016 in Brownfield. It hasn't been a viable business entity since February 2020, reports say.
Back in August 2020, one of the two accounts received the vast majority of the $5.6 million in a payment from Target Corporation. This payment was intended for ICU Eyewear, one of the corporation's vendors. Court documents say the correct amount was recently changed to the Lubbock-based account with a spoofed email address. This means that the email address used was a fake.
That same month, the other account received around $90,000 for an Economic Injury Disaster loan that was intended for a company in South Dakota.
The owner of the accounts called the bank after both of them were placed on hold. This was done after the banks learned of the fraud. When asked about the payments, the owner allegedly said he received the funds for a hydroponic greenhouse.
So far, a name for the person responsible for these fraud schemes hasn't been revealed, as the criminal complaint specified that those behind the schemes weren't known.