After defrauding Google and Facebook, Lithuanian faces up to 30 year sentence

by Gabriel E. Hall - -

Lithuanian sentenced for 30 years of prison for scamming Google and Facebook

Lithuanian scams Google and Facebook and receives $123 million

Between 2013 and 2015, Lithuanian named Evaldas Rimasauskas used scamming techniques to receive $123 million from Google and Facebook. Rimasauskas was arrested for his crime in his native country – Lithuania.[1] The authorities caught him two years ago and sent to the United States to face his guilt and answer for his crimes.[2]

On March 20th, Rimasauskas admitted his guilt in the United States, New York court.[3] He is facing up to 30 years of prison for pretending to be a representative of Quanta, a well-known Asian hardware provider, and scamming well-known tech giants. As these two companies were cooperating with Quanta for a long time, they did not suspect anything suspicious at first. As a result, Rimasauskas gained $23 million from Google and $100 million from Facebook.

The suspect pretended to be from Quanta and sent misleading invoices to the tech giants

Quanta, a well-known hardware provider, had been cooperating with Google and Facebook for some time. After noticing such communication, Rimasauskas launched a fraud company with the exact name in Latvia. Additionally, he started scamming campaign by sending fake email letters urging to pay the money for the products and services that were supposedly brought by Quanta to Google and Facebook.[4]

Rimasauskas managed to manipulate the organizations by providing them with false invoices, signed contracts, and misleading email letters. Additionally, the man provided two bank accounts to which the payment was transferred. One was located in Latvia and the other one was in Cyprus.

It is also known that Rimasauskas had other bank accounts to which the received income was immediately transferred to. These accounts remained in:

  • Lithuania
  • Latvia
  • Cyprus
  • Hungary
  • Hong Kong
  • Slovakia

At the time when this fraud scheme was working and brought good income for the Lithuanian, it was not widely known for people and tech experts. However, nowadays, this type of scam has even a specific name for it, cybersecurity researchers call it Business Email Compromise (BEC) scam. Continuously, such scamming technique also is known by the name of CEO fraud.

Scammers have been targeting big companies from all over the world

Such scam campaigns have been very popular among cybercriminals and have helped them reach success by tricking worldwide companies and their authorities, such as an Austrian airplane part manufacturer FACC.[5] The losses are believed to have reached up to $45 and $56 million.

However, even regular users might be at risk of these type of scams in some particular cases. Hackers can think of various ways how to announce important payment information, critical accident details, and so on, and convince gullible users to transfer a particular amount of money to some bank accounts. We recommend carefully investigating each email message you receive just in case some cyber crook decided to launch a scam campaign on you.

About the author

Gabriel E. Hall
Gabriel E. Hall - Passionate web researcher

Gabriel E. Hall is a passionate malware researcher who has been working for 2-spyware for almost a decade.

Contact Gabriel E. Hall
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References