25/10/2024
Evaldas Rimasauskas, a man from Lithuania, scammed Facebook and Google out of $122 million between 2013 and 2015 by sending them fake invoices.
Posing as a legitimate Taiwanese company, Quanta Computer, with which both tech giants had previously done business, Rimasauskas sent fraudulent invoice requests.
Believing the invoices were legitimate, Facebook paid $99 million and Google $23 million, transferring the funds to bank accounts controlled by Rimasauskas in Latvia and Cyprus.
The scheme was eventually uncovered, leading to his capture.
Credit: Stephen Telford