Twenty-four individuals were arrested for laundering funds illegally obtained via business email compromise (BEC), romance, and retirement account scams targeting victims across the United States. The large-scale fraud operation facilitated by the arrested individuals has caused losses of more than $30 million, the Department of Justice has revealed. The post Two Dozen Arrested for Laundering Funds From BEC, Other Scams appeared first on SecurityWeek.
Twenty-four individuals were arrested for laundering funds illegally obtained via business email compromise (BEC), romance, and retirement account scams targeting victims across the United States.
The large-scale fraud operation facilitated by the arrested individuals has caused losses of more than $30 million, the Department of Justice has revealed.
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