Security News > 2017 > March > Lithuanian arrested for $100 million BEC scams (Help Net Security)

Criminal charges were announced against Evaldas Rimasauskas for orchestrating a fraudulent business email compromise (BEC) scheme that induced two U.S.-based Internet companies to wire a total of over $100 million to bank accounts controlled by Rimasauskas. He was arrested late last week by authorities in Lithuania on the basis of a provisional arrest warrant. The charges Rimasauskas is charged with one count of wire fraud and three counts of money laundering, each of which carries … More →

News URL

http://feedproxy.google.com/~r/HelpNetSecurity/~3/o0X-shvJ8a4/