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Fraud Incident Update

 

In August of this year the Town became a victim of a phishing scam which resulted in a loss of $49,248. A phishing email, appearing to come from the Mayor, contained a request that a Town representative wire transfer two installments of cash to a specified account, specifying that all documentation and paperwork was to follow. The representative transferred the money. Upon discovering the fraud, the Mayor immediately contacted Clyde Hill Police Department and made efforts to recover the funds. The representative is no longer working with the Town.  This loss represents approximately 2% of the Towns budget and does not significantly affect the financial stability of the Town.  To date, the following steps have been taken:

 

·         Police & FBI have been notified

·         State Auditor notified

·         Claim filed with the Town’s insurance authority, WCIA

·         Notification of Town’s Bank (Banner Bank)

·         Internal systems modified and upgraded with Office 365

·         Internal financial policies & procedures reviewed with staff and State Auditor

·        Suspension of all outgoing wire transfer capability

·        Addition of a second identification device to approve any future ACH transfers  

The Town Council addressed the status of the incident at the October 10th Council meeting. If you have any questions please don’t hesitate to contact our Town Mayor at 425-454-6994.

  

 

                                                                                  

Located in the greater Seattle area of the State of Washington, the Town of Yarrow Point is bordered on three sides by the eastern shoreline of Lake Washington.  This peninsula covers approximately 231 acres, has 4.32 miles of streets, and includes about 405 homes housing an estimated population of 1,010 residents.

 

The town's proximity to the business centers of both Seattle and the Eastside makes it a desirable location.  In addition, the sylvan look and feel of this residential community offers residents respite from the many pressures of our modern world.  First homesteaded in the late 1880's, the Town was incorporated in June 1959 to preserve its unique characteristics in the face of significant changes throughout the greater Puget Sound region.  While one fourth of the homes in Yarrow Point enjoy waterfront locations or water access, the remaining three quarters offer views ranging from expansive to territorial.

We invite you to browse our website using the links to the left.  If you have any questions or comments on this site, please contact us.

The Town of Yarrow Point is situated at longitude W122° 13' and latitude N47° 39' King County, Washington State.  The Town sits approximately 5 miles from downtown Seattle and is bordered by the cities of Kirkland, Clyde Hill, Medina, and the Town of Hunts Point. 

Yarrow Point Town Hall is located at:
4030 - 95th Ave NE
Yarrow Point, WA 98004
Phone: (425) 454-6994
Fax: (425) 454-7899

We are open Monday through Thursday (except holidays) from: 8:30am to 12:00pm and 1:00pm to 4:30pm  

We are open Friday from: 8:30am to 12:00pm.

The Town of Yarrow Point does not discriminate on the basis of race, color, national origin, sex, age, or disability in its programs or activities.

 

 

 

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Yarrow Point