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Cybercrime·Fraud & Identity Theft

California Man Pleads Guilty Over Role in $50 Million Fraud Scheme

A California man this week admitted before a U.S. district judge to his role in a $50 million internet-enabled fraud scheme. Court documents claim that, between 2012 and 2020, Allen Giltman, 56, of Irvine, California, created fraudulent websites to ask for funds from investors. The post California Man Pleads Guilty Over Role in $50 Million Fraud Scheme appeared first on SecurityWeek.

A California man this week admitted before a U.S. district judge to his role in a $50 million internet-enabled fraud scheme.

Court documents claim that, between 2012 and 2020, Allen Giltman, 56, of Irvine, California, created fraudulent websites to ask for funds from investors.

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