Hamilton in financial trouble after being the victims of fraud

Hamilton Accies target of 'elaborate fraud'

Hamilton Accies target of 'elaborate fraud'

The Premiership club said it is working with Police Scotland and the Royal Bank of Scotland.

Vishing, which is also known as social engineering, usually takes the form of a call from an individual purporting to be from the bank.

A Scottish Premiership club is in financial crisis after falling victim to an elaborate fraud.

The side, based at New Douglas Park in North Lanarkshire, is now cooperating with Police Scotland and its bank to "to pursue the individuals responsible", it said in a statement published on Friday afternoon.

"In the interim, the Directors intend to inject funds to meet the club's ongoing obligations until the investigation is complete to ensure continuity".

A club spokesman said: "It's imperative we remain calm and work together as we go through one of the most hard situations we have faced".

He said initial banking and legal investigations are still taking place and a full statement concerning the fraud would be made later.

"The matter is now part of an active police investigation and therefore no further comment will be made".

"This is clearly a very serious and unfortunate situation and everyone in the game will hope it can be resolved quickly".

"We will be monitoring the situation closely and working in conjunction with Hamilton academical in the days and weeks ahead".

The SPFL warned clubs to guard against online fraud in August after Annanfailed to receive an £18,000 payment from the league at the end of last season.

The funds had instead been paid into a fraudulent account and police launched an investigation after the money was retrieved.

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