Authorities have seized over $41 million that was stolen from a commodities firm in Singapore in a business email compromise (BEC) attack. The thieves, impersonating a supplier, requested that a $42.3 million payment be made to an account in Timor Leste. When it became apparent that the funds had been misdirected, Singapore police contacted authorities in Timor Leste who helped recover the stolen money. Ref https://www.interpol.int/News-and-Events/News/2024/Police-recover-over-USD-40-million-from-international-email-scam
Police in Singapore Recover Millions Stolen in Business eMail Compromise Scheme
- Post author:System
- Post published:8 August 2024
- Post category:Blog & News