US Arrests Six Alleged Cyber-Scam Money Launderers

The United States has arrested six alleged members of an international fraud and money-laundering ring that deployed spoofing, catfishing, and COVID-19 relief scams to con victims out of $55m. The defendants are accused of creating fake identities to trick companies, the Small Business Administration (SBA), and old folks searching for romance online into wiring funds to bank accounts controlled by a criminal enterprise.

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