City of Mobile, AL
10/20/2026 | Press release | Distributed by Public on 10/21/2026 09:48
City targeted in criminal financial scheme
City targeted in criminal financial scheme
Oct 20th, 2026
Posted in: Press Release
The City of Mobile recently discovered that it was the target of a criminal scheme resulting in the transfer of $14.7 million in City funds to a fraudulent entity.
As soon as the fraud was identified, the City notified the FBI and the Secret Service, and this matter is now under active investigation. We are cooperating fully with investigators and taking every available step to recover the funds and bring the responsible party to justice.
Because of the City's strong financial reserves and other available contingencies, this incident will not affect the City's financial stability, its ability to deliver services, or the completion timeline of capital projects.
City of Mobile, AL published this content on October 20, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on October 21, 2026 at 15:48 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]