Man Stole $122m from Facebook and Google by Impersonating Quanta

Man stole $122m from Facebook and Google by sending them random bills, which the companies dutifully paid

Last week, Evaldas Rimasauskas of Lithuania plead guilty to US wire fraud, aggravated identity theft, and money laundering charges, admitting that he had stolen $99m from Facebook and $23m from Google between 2013 and 2015. Rimasauskas was pretending to be the giant Taiwanese hardware manufacturer Quanta Computer Inc, and had registered a company in Latvia with the same name. PDF], Rimasauskas registered and incorporated a Latvian company with the same name as the Asian computer hardware manufacturer Quanta Computer Inc as reported by Bloomberg, and also opened multiple accounts at banks from Cyprus, Lithuania, Hungary, Slovakia, and Latvia to receive the fraudulent payments.

Source: boingboing.net