A Nigerian national residing in Buffalo, New York, was indicted this week for facilitating a business email compromise (BEC) scam that resulted in hundreds of thousands of dollars being stolen from various companies. Charged with conspiracy to commit wire fraud, the man, Eric Iwu, aka James, 32, faces up to 20 years in prison and a fine of $250,000. The post Nigerian Man Living in U.S. Charged Over Role in BEC Scheme appeared first on SecurityWeek.
A Nigerian national residing in Buffalo, New York, was indicted this week for facilitating a business email compromise (BEC) scam that resulted in hundreds of thousands of dollars being stolen from various companies.
Charged with conspiracy to commit wire fraud, the man, Eric Iwu, aka James, 32, faces up to 20 years in prison and a fine of $250,000.
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