Federal prosecutors secured convictions against 25 defendants in a $215 million business email compromise scheme that affected more than 1,000 victims. Authorities said cryptocurrency was among assets traced in a global fraud network spanning 47 states and 19 countries. Key Takeaways: Authorities detailed a global email fraud scheme using hacked accounts and deceptive payment requests. […]DOJ: 1,000 Victims Hit in $215M Scam—$1.2M in Crypto, Cash Found
Federal prosecutors secured convictions against 25 defendants in a $215 million business email compromise scheme that affected more than 1,000 victims. Authorities said cryptocurrency was among assets traced in a global fraud network spanning 47 states and 19 countries. Key Takeaways: Authorities detailed a global email fraud scheme using hacked accounts and deceptive payment requests. […]