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EDEN PRAIRIE, Minn. -- Supervalu lost approximately $10 million after wiring money to fraudulent bank accounts set up by scammers claiming to be employees of American Greetings Corp. and Frito-Lay.
According to published reports, the fraud began when the grocer received two e-mails -- one from someone claiming to be an American Greetings employee and another claiming to be with Frito-Lay – saying that the companies wanted payments sent to new bank account numbers.
Supervalu sent more than $6.5 million to the fake American Greetings account and nearly $3.6 million to the fake Frito-Lay account before realizing they were fraudulent. While the FBI was able to intercept the money before it was taken by the scammers, American Greetings, Frito-Lay, and Supervalu have all laid claim to the money and U.S. District Judge B. Lynn Winmill will decide where it should go.