The City of Saskatoon has been hit with a fraud scheme that cost the city more than $1 million. According to the City, fraudsters contacted them posing as the CFO of a construction company and changed their banking information, leading the city to deposit a $1.04 million payment into the fraudster's account. The city is hopeful they'll be able to recover the money, and Mayor Charlie Clark says they'll take steps to ensure it doesn't happen again. To explain how these scams operate and how fraudsters get the information they need to imitate clients, John is joined by Jeffrey Thomson, a Senior RCMP Intelligence Analyst working with the Canadian Anti-Fraud Centre.