Two vital US record firms ‘tricked out of $100m’

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Evaldas Rimasauskas acted as Asian-based hardware manufacturer to pretence staff into wiring him money

A Lithuanian male has been charged with tricking dual US record firms into wiring him $100m (£80.3m) by an email phishing scam.

Posing as an Asian-based manufacturer, Evaldas Rimasauskas duped staff into transferring income into bank accounts underneath his control, US officials said.

The companies were not named though were described as US-based multinationals, with one handling in amicable media.

Officials called it a wake-up call for even “the many sophisticated” firms.

According to the US Department of Justice, Mr Rimasauskas, 48 – who was arrested in Lithuania final week – cheated a firms from during slightest 2013 adult until 2015.

He allegedly purebred a association in Latvia that gimlet a same name as an Asian-based mechanism hardware manufacturer and non-stop several accounts in a name during several banks.

‘Fake email accounts’

The DoJ said: “Thereafter, feign phishing emails were sent to employees and agents of a plant companies, that frequently conducted multimillion-dollar exchange with [the Asian] company.”

The emails, that “purported” to be from employees and agents of a Asian firm, and were sent from feign email accounts, destined income for legitimate products and services into Mr Rimasauskas’s accounts, a DoJ said.

The income was afterwards “wired into opposite bank accounts” in locations around a universe – including Latvia, Cyprus, Slovakia, Lithuania, Hungary and Hong Kong.

He also “forged invoices, contracts and letters” to censor his rascal from a banks he used.

Officials pronounced Mr Rimasauskas siphoned off some-more than $100m in total, nonetheless most of a stolen income has been recovered.

Acting US Attorney Joon H Kim said: “This box should offer as a wake-up call to all companies… that they too can be victims of phishing attacks by cybercriminals.

“And this detain should offer as a warning to all cybercriminals that we will work to lane them down, wherever they are, to reason them accountable.”