A municipal employee in Hradec Králové, Czech Republic, transferred 46 million crowns ($2 million) to fraudsters, according to the website infohub.kz.

The incident occurred last week at the organization "Property Management Hradec Králové." The finance employee fell under psychological pressure from individuals posing as police officers and National Bank workers.

The scammers used a complex deception scheme, and the man, without informing management, transferred the public funds to external accounts. The total loss amounts to about 46 million crowns ($2 million).

"There was a failure in the actions of a specific employee working with finances. He succumbed to pressure and bypassed all control and security systems," said organization director Jaroslava Bernhardová.

The organization assured that the incident will not affect current operations: account balances and employee salaries will not be impacted.

The police and city hall have been notified, and an investigation has been launched. City administration emphasized that they repeatedly tested security systems and confirmed their reliability, but last week the Interior Ministry warned of a rise in attacks on government employees.

Authorities in Hradec Králové plan to enhance staff training on recognizing fraudulent schemes. Other details of the incident are not disclosed in the interest of the investigation.