Lithuanian scammer gets 5 years for defrauding Google, Facebook of $120 million

A Lithuanian man’s scheme to steal more than $120 million from Facebook and Google has earned him 60 months in U.S. federal prison. A federal judge in Manhattan handed down the sentence Thursday to Evaldas Rimasauskas, who pleaded guilty in March to orchestrating a phishing plan that allowed him to pose as a Taiwanese technology manufacturer, then collect money transfers from the U.S. technology giants. Rimasauskas created domains spoofing Quanta — a contractor that actually did build servers and other components for Facebook and Google — then sent fraudulent invoices, directing the companies’ employees to wire the fake Quanta real money. The activity occurred between 2013 and 2015, during which time Rimasauskas, now 51, netted $99 million from Facebook and $23 million from Google. A judge in the U.S. Southern District of New York ordered the Lithuanian man to pay that money back, along with the five years in prison and two years […]

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Man charged with $100m ‘whaling’ attack on two US tech giants

Victims of whaling attack not named, but it’s not the first time a big multinational has been targeted, and it won’t be the last Continue reading Man charged with $100m ‘whaling’ attack on two US tech giants