Yahoo! Yahoo! FBI Arrests 29 Nigerians Over Email Fraud
America’s intelligent and security service, the Federal Bureau of Investigations, has intensified its crackdown on internet fraud, special focus on global email fraud.
In its recent crackdown, the FBI arrested 74 people. Of those arrested, 42 were in the United States, 29 in Nigeria, and the others in Canada, Mauritius, and Poland, the FBI said.
U.S. authorities said on Monday these criminals have attempted to steal billions of dollars from businesses and individuals using the email fraud scam.
The cases involve a growing type of fraud known as “business email compromise” that targets employees with access to corporate finances.
The fraudsters send emails that appear to be from trusted corporate executives or vendors, which instruct targeted employees to wire funds to accounts controlled by criminals.
The same groups also ran similar scams targeting individuals, including real-estate buyers and the elderly, the bureau said.
Nearly $2.4 million was seized in the six-month operation dubbed “Operation Wire Wire” and about $14 million in fraudulent wire transfers was recovered, according to the FBI.
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