For attempting to defraud victims of more than $25 million through internet scams, a Nigerian, Onyekachi Emmanuel Opara, has been sentenced to five years’ imprisonment by a United States court in New York. He was also ordered to pay $2.5 million as restitution. Geoffrey Berman, the United States Attorney for the Southern District of New […]
US Court Jails Nigerian For Internet Fraud; To Repay $2.5m Restitution Read More »
Kweku Adoboli, a former trader convicted of fraud in 2012, is facing deportation to Ghana, after being detained by police in Scotland. He served four years of a seven-year sentence for a £1.4bn fraud at Swiss bank UBS. He was released in 2015. Foreign nationals sentenced to more than four years are automatically considered for
Ex-UBS trader who lost £1.4bn faces deportation to Ghana Read More »
Almost five million people had money stolen from their bank or credit card account last year, at a cost of around £840 each, according to shocking new figures. More than £2bn has been snatched from about one in 10 British adults, new data from Compare the Market has revealed, and online payments are the weakest
Card and account fraud jumps almost 40% in a year Read More »
A bitcoin investor is suing AT&T for $240m after it allegedly ported his phone number to a hacker, allowing the criminal to steal $24m in cryptocurrency. Michael Terpin is suing the phone giant [PDF] for the value of the three million electronic coins plus $216m in punitive damages after he claims an AT&T employee at a store
Bitcoin backer sues AT&T for $240m over stolen cryptocurrency Read More »
PORTLAND, Ore. (AP) – A Nigerian man who netted more than $11 million in a fraud scheme has been sentenced in Oregon to 15 years in federal prison. Emmanuel Kazeem was sentenced Wednesday in Eugene. A jury previously convicted him of fraud, conspiracy and aggravated identity theft. Prosecutors say the 35-year-old purchased more than 91,000 identities from
Nigerian man gets 15 years for IRS tax-return scheme Read More »
Credential stuffing is rampant – so try not to reuse the same password on every site, eh? Up to 90 per cent of the average online retailer’s login traffic is generated by cybercriminals trying their luck with credential stuffing attacks, Shape Security estimated in its latest Credential Spill Report. The biz crunched the numbers [PDF] on 51
Friday FYI: 9 out of 10 of website login attempts? Yeah, that’ll be hackers Read More »
Two cyber criminals have been sentenced for committing offences against the National Lottery following a National Crime Agency investigation. Daniel Thompson, 27, and Idris Kayode Akinwunmi, 21, were jailed for eight months and four months respectively at Birmingham Crown Court in relation to the 2016 attack. The men used an online application to bombard the
‘NAIVE CYBER CRIMINALS JAILED AFTER £13 LOTTERY HEIST Read More »
Here’s a tip to keep yourself out of prison: When you find a glitch in your employer’s check-writing software program, do not (repeat do not) write a small check to yourself. If you do, you’ll probably write another. And then another. And then several more. At least, that’s what Ryan Homa did — until he stole
Ryan Homa Exploits Accounting Software Glitch and Steals $1.3 Million Dick Carozza Read More »
