...
EgyptSearch Forums Post New Topic  Post A Reply
my profile | directory login | register | search | faq | forum home

  next oldest topic   next newest topic
» EgyptSearch Forums » Deshret » Dem Slavs Sure Can Steal!: Facebook/Google victims of $100M Payment Scam

 - UBBFriend: Email this page to someone!    
Author Topic: Dem Slavs Sure Can Steal!: Facebook/Google victims of $100M Payment Scam
Narmerthoth
Member
Member # 20259

Rate Member
Icon 1 posted      Profile for Narmerthoth     Send New Private Message       Edit/Delete Post   Reply With Quote 
Facebook and Google Were Victims of $100M Payment Scam

In 2013, a 40-something Lithuanian named Evaldas Rimasauskas allegedly hatched an elaborate scheme to defraud U.S. tech companies. According to the Justice Department, he forged email addresses, invoices, and corporate stamps in order to impersonate a large Asian-based manufacturer with whom the tech firms regularly did business. The point was to trick companies into paying for computer supplies.

The scheme worked. Over a two-year span, the corporate imposter convinced accounting departments at the two tech companies to make transfers worth tens of millions of dollars. By the time the firms figured out what was going on, Rimasauskas had coaxed out over $100 million in payments, which he promptly stashed in bank accounts across Eastern Europe.

http://fortune.com/2017/04/27/facebook-google-rimasauskas/

Posts: 4693 | From: Saturn | Registered: Apr 2012  |  IP: Logged | Report this post to a Moderator
mena7
Member
Member # 20555

Member Rated:
4
Icon 1 posted      Profile for mena7   Author's Homepage     Send New Private Message       Edit/Delete Post   Reply With Quote 
The Russian and Eastern European hackers and cyber criminals are very smart and sophisticated. Russian and Eastern European hackers have stolen millions of dollars from USA banks and corporations. I never heard of that story from the alphabet mainstream media. I guess they are keeping it a secret.
Posts: 5374 | From: sepedat/sirius | Registered: Jul 2012  |  IP: Logged | Report this post to a Moderator
mena7
Member
Member # 20555

Member Rated:
4
Icon 1 posted      Profile for mena7   Author's Homepage     Send New Private Message       Edit/Delete Post   Reply With Quote 
http://www.dailymail.co.uk/news/article-4450762/Russian-hacker-gets-longest-sentence-computer-crimes.html

Russian hacker receives longest ever US sentence for computer crimes after stealing two MILLION credit card numbers
Roman Seleznev, 32, was sentenced to 27 years in prison for credit card fraud
He hacked store tills, including at Seattle restaurants, to steal card numbers
Over the course of a decade, Secret Service say he caused losses of $170m
Seleznev, the son of a Russian lawmaker, has blasted his sentence as 'political'

Mena: The USA government is getting tough on Russian hackers.Roman Seleznev the son of a Russian lawmakers was sentenced to 27 years in US prison for hacking 500 US businesses to steal 2 million credit cards that cause a lost of $170 million to the businesses.

No other sophisticated criminal organization in the world like the Italian mafia, the Japanese Yakuza, the Mexican cartels, the Colombian cartels, the Nigerian fraudster, has equal the genius of the Russian and Eastern European hackers. I remember Dr No saying to James Bond a successful criminal mind is always superior, it has to be.

Those Russians and Eastern European hackers if they had decided to live an honest life could have earn $70,000 a year working as a computer programmer and information technology manager. A few of them could have become entrepreneur and create the Russian version of company like Microsoft, Google, Facebook, Amazon etc. I guess those smart hackers dont want to work hard in a 9 to 5 job for their money they will rather steal hundred of million of dollars and be free to enjoy their life in a 7 days weekend lifestyle.



 -
Roman Seleznev, 32 (pictured with his partner Anna Otisko and their daughter), has been sentenced to 27 years in jail for 38 counts of fraud, hacking and theft

 -
Seleznev spent four years hacking into store tills around the world, including at 500 US businesses, in order to scalp millions of credit card numbers (pictured, stacks of money found on the Russian's laptop)

 -  -
Prosecutors said Seleznev amassed a 'small fortune' from the 'unprecedented' scheme, backed up by images he took of sports cars (left) and stacks of rubles (right)


 -
Seleznev was arrested in 2014, convicted last August, and then sentenced on Friday. Pictured is another image of money found on his laptop

 -
Valery Seleznev, a prominent Russian politician and father of the hacker, said his son was 'kidnapped' and jailed by 'man-eaters'


 -
After he was jailed, Seleznev's lawyer read a statement in which he accused the US of carrying out a political vendetta against him at a time of poor relations with Russia

Posts: 5374 | From: sepedat/sirius | Registered: Jul 2012  |  IP: Logged | Report this post to a Moderator
mena7
Member
Member # 20555

Member Rated:
4
Icon 1 posted      Profile for mena7   Author's Homepage     Send New Private Message       Edit/Delete Post   Reply With Quote 
Exclusive: Facebook and Google Were Victims of $100M Payment Scam
Jeff John Roberts
Apr 27, 2017
When the Justice Department announced the arrest last month of a man who allegedly swindled more than $100 million from two U.S. tech giants, the news came wrapped in a mystery. The agency didn’t say who was robbed, and nor did it identify the Asian supplier the crook impersonated to pull off the scheme.
The mystery is now unraveled. A Fortune investigation, which involved interviews with sources close to law enforcement and other figures, has unearthed the identities of the three unnamed companies plus other details of the case.
The criminal case shows how scams involving email phishing and fake suppliers can victimize even the most sophisticated, tech-savvy corporations. But the crime also raises questions about why the companies have so far kept silent and whether—as a former head of the Securities and Exchange Commission observes—it triggers an obligation to tell investors about what happened.
The Heist
In 2013, a 40-something Lithuanian named Evaldas Rimasauskas allegedly hatched an elaborate scheme to defraud U.S. tech companies. According to the Justice Department, he forged email addresses, invoices, and corporate stamps in order to impersonate a large Asian-based manufacturer with whom the tech firms regularly did business. The point was to trick companies into paying for computer supplies.
The scheme worked. Over a two-year span, the corporate imposter convinced accounting departments at the two tech companies to make transfers worth tens of millions of dollars. By the time the firms figured out what was going on, Rimasauskas had coaxed out over $100 million in payments, which he promptly stashed in bank accounts across Eastern Europe.
RELATED
Uber CEO Travis Kalanick works with fourth graders during Cooking Matters, a nutrition class taught by 18 Reasons, a local partner of Share our Strength at Glen Park Elementary School in San Francisco
UBER
Your Next Gig: Taming Travis Kalanick?
These allegations first appeared in a sealed indictment filed by federal prosecutors in New York last December. In a press release announcing the arrest of Rimasauskas three months letter, the feds hailed cooperation among international law enforcement, and said they had recovered much of the money.
Rimasauskas, however, denies the allegations. Currently facing extradition proceedings in Lithuania, he and his lawyer denounced the charges and the U.S.-led investigation.
“Mr. Rimasauskas cannot expect a fair and impartial trial in the USA. The uncertainty is further increased taking into account the behavior of FBI agents during the interrogations of Mr. Rimašaukas, frightening him with long years in US prisons, and the transfer of computers to US law enforcement officials, which was made without the presence of the owner,” said the lawyer, Linas Kuprusevičius, in an email to Fortune.
Kuprusevičius, who works for the law firm Cobalt, added that the decision of the U.S. Justice Department and Lithuania authorities not to name the companies infringed on Rimašauskas’s rights to due process and a fair trial.

A spokesperson for the U.S. Attorney's office in Manhattan confirmed Rimasauskas is in custody in Lithuania, but did not offer more details about the crime, or why the office chose not to identify the firms. Law enforcement sources say the Justice Department is likely to identify the tech firms once the extradition process—which is expected to take months—is over, and Rimasauskas faces a bail hearing in a U.S. court.
But while the authorities have remained tight-lipped about the identity of the victims, they also dropped some big clues.
Company 1 and Company 2
Quanta Computer, which has founded in Taiwan in 1988, is a major supplier of parts to U.S. tech companies. Its contracts have included parts for Apple watches (AAPL, -0.10%) and for Amazon’s Kindle e-reader (AMZN, +0.71%).
In the Justice Department’s indictment, Quanta simply appears as “Company-1..an Asian-based manufacturer of computer hardware… established in or about the late 1980s.”
In late March, Quanta publicly acknowledged it was the innocent supplier named in the indictment, but did not offer any further details such as the identity of the companies that had been swindled by the imposter (named as Company-2) by means of invoices sent in Quanta's name.
The Justice Department, though, dropped hints by referring to one victimized firm as a "multinational technology company, specializing in Internet-related services and products" and the other as "a multinational corporation providing online social media and networking services."
In background conversations, multiple sources identified the second company—the provider of social media services—as Facebook.
According to a person familiar with the investigation, the social media giant approached the U.S. Attorney’s Office in Manhattan (which is known for its prowess in prosecuting financial crime) and asked for help recover the money it had paid for the false invoices.
The person, who was not authorized to speak for attribution, said the office regularly hears from companies that are victims of similar phishing swindles involving fake suppliers, but the Facebook case stood out for its scale.
“We internally thought this was huge. There’s a plague of these kind of companies [that operate business phishing scams],” said the source, adding in many cases the FBI has been adept in working with the Treasury Department and regulators to claw back stolen money.
In response to an email from Fortune, Facebook confirmed it was one of the victims of the fraud.
"Facebook recovered the bulk of the funds shortly after the incident and has been cooperating with law enforcement in its investigation," said a company spokesperson.
In the course of the investigation that led to the arrest of Rimasauskas, another source explained the Justice Department also learned of another prominent tech company that had been victimized—Google. The search giant (“a multinational technology company, specializing in Internet-related services and products” in the words of the indictment) became a target because, like Facebook, it buys enormous amount of computer servers from Quanta.
Google this week confirmed it had been targeted.
"We detected this fraud against our vendor management team and promptly alerted the authorities. We recouped the funds and we're pleased this matter is resolved," said a Google spokesperson.
A Material Event?
When a publicly traded company experiences a significant event, federal securities law requires it to disclose this to investors. Such an incident (a “material event” in legal lingo) might include the departure of an executive or a problem with an important product—or a fraud worth tens of millions of dollars.
According to Mary Jo White, a former head of the SEC who is now a partner at Debevoise & Plimpton, the disclosure requirements can vary depending on the nature of the incident. In some cases, a company must file a public form known as an 8-K with the SEC within four days of learning about it. Other times, White said, disclosure may take the form of a press release or a note in the company’s quarterly filings. Some incidents, of course, are not important enough to merit a disclosure at all.
A review of public records from Facebook (FB, +1.73%) and Google (GOOGL, +3.81%) indicate neither company has disclosed the wire fraud incident at all.
This omission does not necessarily violate SEC guidelines. While a $100 million theft would represent an enormous blow for most companies, such a loss would barely ding the balance sheets of giants like Facebook and Google—especially if the Justice Department recovered some of the money.
But the “material event” in this case may amount to more than the company losing some money, according to White, who was aware of the indictment when she spoke to Fortune, but not the identity of the companies involved.
“I think companies need to be looking more broadly than that - not just at operational direct loss,” said White. “There’s the possibility of reputational damage. What does this say about internal controls over assets?”
Facebook and Google declined to comment, but people close the companies suggested they had decided the Rimasauskas fraud was not material enough to require disclosure of it.
The wire fraud episode comes at a time when companies of all sorts are facing waves of attacks from cyber-criminals. Despite the prevalence of these attacks, many executives are reluctant to discuss them—in part due a perceived stigma and because they don’t want to encourage other criminals.
“I understand the dynamic. You don’t want to provide a road map to future hackers into your system," White said. "But that doesn’t excuse not disclosing an event if it's material."This story was updated on April 27 as an earlier version misstated the name of Mr. Kuprusevičius's law firm.

--------------------
mena

Posts: 5374 | From: sepedat/sirius | Registered: Jul 2012  |  IP: Logged | Report this post to a Moderator
Narmerthoth
Member
Member # 20259

Rate Member
Icon 1 posted      Profile for Narmerthoth     Send New Private Message       Edit/Delete Post   Reply With Quote 
To be successful at this, not only do you need to understand computers, but you also need to intimately be familiar with the procurement ordering systems for Google and Facebook.
Meaning, either this guy was in the loop in these processes bu these companies, or there are others working at Google/Facebook who are also involved but not yet identified.

To stop the hiring of blacks at Facebook and Google they go out of the country to hire Indian, Europeans and albino females which pose as minority hiring. This is what they get. They deserve it.

--------------------
Selenium gives real life and true reality

Posts: 4693 | From: Saturn | Registered: Apr 2012  |  IP: Logged | Report this post to a Moderator
Narmerthoth
Member
Member # 20259

Rate Member
Icon 1 posted      Profile for Narmerthoth     Send New Private Message       Edit/Delete Post   Reply With Quote 
Slavs flipping the script on Hollywood racist Jews.

Usually, it's the Jews who commit blackmail (actually, WHITEMAIL!!), extortion and IP Infringement, but the European Slavs have been beating them at their own game for the last 15 years.

Cosider, most all of the largest Internet Pirate sites such as Pirate Bay, Demonoid, and Bitorrent are located in Sweden, Ukraine and Russia are run by Slavs who steal and put most all of Hollywood and the Music labels IP on-line, for free. They make millions per year from sponsor links, mostly porno sites.
You see the OP post, but look at this to see how bold these Slavs are and how they got the Jews screaming for mercy, and help from the ADL's FBI connects;

Hacker Leaks 'Orange Is the New Black' Episodes After Failing To Extort Netflix

A hacker (or hacker group) known as The Dark Overlord (TDO) has leaked the first ten episodes of season 5 of the "Orange Is The New Black" show after two failed blackmail attempts, against Larson Studios and Netflix," reports BleepingComputer. The hacker said he stole hundreds of gigabytes of audio files from Larson Studios last December. "TDO claims the studio initially agreed to pay a ransom of 50 Bitcoin ($67,000) by January 31, and the two parties even signed a contract, albeit TDO signed it using the name 'Adolf Hitler.'" This might have been the reason why the company thought this was a joke and didn't pay the ransom as initially agreed.

At this point, the hacker turned from the studio to Netflix, but the company didn't want to pay either. As a warning, the hacker leaked the first episode of season 5, but half a day later, he leaked 9 more. "According to Netflix's website, season 5 is supposed to have 13 episodes and is scheduled for release in June, this year." The hacker also claims he's in possession of shows and movies from other movie studios and television channels, such as FOX, IFC, NAT GEO, and ABC. Some of the titles include "Celebrity Apprentice," "NCIS Los Angeles," "New Girl," and "XXX The return of Xander Cage".

Looks like the Jews have met their match and are presently reaping what they've sewn.
Hollywood Jews have virtual control over the US FBI and LEO. Over the past 5 years they've managed to sic the FBI on most of the Pirate sites, shutting them down even in the Ukraine, so I fully expect to hear soon how the caught all the members of TDO for snatching these weak as water Hollywood shows and putting them on-line.
Personally, even on-line for free, I can't see wasting my time by bothering to download this worthless crap. But albinos lve these shows so the slavs are hitting da slimy Jews deep in they pockets.

Posts: 4693 | From: Saturn | Registered: Apr 2012  |  IP: Logged | Report this post to a Moderator
   

Quick Reply
Message:

HTML is not enabled.
UBB Code™ is enabled.

Instant Graemlins
   


Post New Topic  Post A Reply Close Topic   Feature Topic   Move Topic   Delete Topic next oldest topic   next newest topic
 - Printer-friendly view of this topic
Hop To:


Contact Us | EgyptSearch!

(c) 2015 EgyptSearch.com

Powered by UBB.classic™ 6.7.3