Tags business email compromise
Scammers dupe Chinese venture capitalists out of $1 million with the 'ultimate' BEC heist
The $1 million pales in comparison to other losses reported recently.
Nigerian romance scammers swiped thousands of dollars from individuals, U.S. prosecutors say
Who needs Western Union when you can use Google Hangouts?
Japanese media giant Nikkei says $29 million lost in BEC scam
This scam comes months after the FBI said international victims lost $29 billion through the same technique.
AIG says spoofing-related suit isn’t covered, wants lawsuit tossed
It's the latest dispute between an insurer and client over whether a plan can cover losses incurred by online fraud.
U.S. arrests 281 people worldwide accused of involvement in BEC scams
The news comes weeks after the Justice Department made public charges against another 80 people accused of similar crimes.
Blockbuster indictment against 80 fraud suspects details a complex global scam operation
The indictment provides details about the inner workings of a BEC operation.