Four individuals have been charged for a series of alleged fraudulent business email compromises (BEC) and romance schemes that duped people into transferring millions of dollars.
A BEC scheme is a cybercrime in which scammers use fake emails to trick someone into sending money or revealing sensitive personal or company security details. The fraudulent schemes of the defendants “resulted in more than $50 million in losses by individuals and small businesses located within the Eastern District of New York and throughout the United States,” according to a June 12 press release by the U.S. Secret Service.
