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Shark Tank Judge Not Out $388K After All

Barbara Corcoran's bank gets other bank to freeze transfer after phishing scam
By Evann Gastaldo,  Newser Staff
Posted Mar 2, 2020 1:56 PM CST

(Newser) – The Shark Tank judge who lost $388,700 in a phishing scam has gotten the money back. "I really thought it was a goner," Barbara Corcoran says in a statement obtained by CNN, adding that she had "already accepted" her loss and "moved on." But then came remarkable news: After a request from Corcoran's bank, the German-based bank Corcoran's bookkeeper used to mistakenly wire the money to the scammers froze the transfer before the money actually got deposited into the Chinese bank account to which it was headed. "I’m thrilled," Corcoran continues, per Page Six. "Everyone told me I wouldn’t get the money back and it just seems unbelievable." (More on how the scam worked here.)

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