
$5.3m Fraud: US Hunts Scammers, Traces Funds To Nigeria, Others
$5.3m Fraud: US Hunts Scammers, Traces Funds To Nigeria, Others The US government has filed a civil forfeiture action to recover $5.3 million linked to a business email compromise (BEC) scheme that defrauded a Massachusetts workers union. In January 2023, a spoofed email led the union to transfer $6.4 million to a fraudulent account. The funds were then routed through various international banks and cryptocurrency exchanges. US authorities have seized money from seven domestic accounts connected to the scheme. These were stated in a Wednesday press release obtained from the United States Attorney’s Office, District of Massachusets website on Thursday.…









