- Beyoncé’s ‘Lemonade’ is finally coming to Spotify, Apple Music Wednesday 8:48 PM
- Ubisoft is offering Assassin’s Creed Unity for free to support Notre Dame Wednesday 8:25 PM
- Are teens really eating foods with the ‘shells on’ for a new viral challenge? Wednesday 6:39 PM
- The new Samsung Galaxy Fold already seems to be falling apart Wednesday 4:17 PM
- Think the ‘Game of Thrones’ spirals are all connected? Think again Wednesday 3:13 PM
- Rudy Giuliani retweets prominent QAnon supporter Wednesday 2:03 PM
- India bans TikTok over concerns of child endangerment Wednesday 2:00 PM
- JJ Abrams says there’s more to Rey’s origin story Wednesday 1:16 PM
- Lisa Ann says Equinox trainer looked up her number and sent her a creepy text Wednesday 1:01 PM
- 8 essentials every grad needs to succeed as an adult Wednesday 1:00 PM
- Makeup artist shows you how to become Kylie Jenner’s baby Wednesday 12:54 PM
- People are more concerned with this woman’s age than her being a school shooting threat Wednesday 12:14 PM
- Why are conservatives so obsessed with cargo shorts? Wednesday 11:46 AM
- How to transfer your Nintendo Switch save data Wednesday 11:45 AM
- Trans military ban causes student to lose ROTC scholarship Wednesday 11:04 AM
Marco Verch/Flickr (CC-BY)
A Lithuanian man has pled guilty in a U.S. court to participating in a scam that stole more than $100 million from Facebook and Google.
Evaldas Rimasauskas, a 50-year-old Lithuanian national who was extradited to the U.S. in 2017, admitted to committing wire fraud last week and agreed to forfeit $49.7 million as part of an agreement with prosecutors. According to a Department of Justice (DOJ) press release, Rimasauskas helped orchestrate “a fraudulent business email compromise scheme that induced two U.S.-based Internet companies to wire a total of over $100 million to bank accounts he controlled.”
Rimasauskas and his unidentified co-conspirators are said to have posed as employees for an Asian hardware company and used everything from forged invoices, letters, and contracts to elicit funds from the two tech giants. The money was then transferred to a series of bank accounts in Cyprus, Lithuania, Hungary, Slovakia, and Latvia.
The scheme is said to have garnered roughly $23 million from Google and $98 million from Facebook between 2013 and 2015.
Google released a statement confirming that it had fallen victim to the fraud but that it was able to recoup its losses after alerting authorities.
Manhattan U.S. Attorney Geoffrey S. Berman described Rimasauskas’ guilty plea as a victory for the U.S. criminal justice system.
“Rimasauskas thought he could hide behind a computer screen halfway across the world while he conducted his fraudulent scheme, but as he has learned, the arms of American justice are long, and he now faces significant time in a U.S. prison,” Berman said.
Rimasauskas, who is set to be sentenced on July 24, could serve up to 30 years in prison.
- Facebook says it doesn’t have to follow state election laws
- Will Facebook’s Clear History tool be worth it?
- Facebook let advertisers target users interested in infamous Nazis
Mikael Thalen is a freelance journalist based in Seattle, covering all things technology, including social media, data breaches, hackers, and more.