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Romanian Conman Pleads Guilty to Defrauding Online Bidders
Published on 18 Feb, 2011 at 11:38 in Cloud | Viewed 60 times | No Comments
A Romanian man has pleaded guilty to one count each of wire fraud and conspiracy for his role in moving and hiding the illegal proceeds of an international fraud that targeted Internet bidders.
Court documents say 33-year-old Adrian Ghighina of Bucharest, Romania, came to the United States in 2004 acting as a money mule in an online fraud conspiracy. Ghighina’s co-conspirators created fake online auctions for expensive…
Russians Criminals Use Botnets for Check Counterfeiting
Published on 28 Jul, 2010 at 9:47 in Cloud | Viewed 43 times | No Comments
A security researcher has discovered a Russian cyber crime gang that uses botnets to steal and print millions of dollars worth of false invoices. The gang then recruits money mules to cash the counterfeit checks.
The scam, which is highly automated, begins with the infiltration of online check archiving and verification services which often store vast records of previously cashed checks. It then goes through job websites to find email…
Facebook Used to Find Money Mules
Published on 1 Jun, 2010 at 14:45 in Cloud | Viewed 630 times | 3 Comments
Phishers are looking into different ways of reaching new recruits of cyber criminals by casting their nets onto social networking sites, creating special Facebook groups for their work-at-home scams, according to Kaspersky Lab.
Far from a novel idea, phishers have been using social networks for years to find new recruits. Now, the scammers have created Facebook groups specifically…
Money Mule Recruiting Campaign Targets Legit Business
Published on 3 May, 2010 at 8:54 in Cloud | Viewed 74 times | No Comments
Cyber criminals often employ “money mules,” go-betweens who ferry the money between the victims and the actual criminals. When cyber theft is discovered, the money mules are the ones left holding the bag.
In order to get money mules, cyber criminals set up recruiting drives that attempt to appear as legitimate businesses. The prospective money mules apply for positions that are often “work from home” that allow you to make…
