50-year-old pleads guilty to duping Facebook\, Google

50-year-old pleads guilty to duping Facebook, Google

ANI  |  Internet 

A 50-year-old from pleaded guilty to one count of wire fraud, in which he scammed tech giants and into paying more than USD 100 million for work that never happened.

Evaldas Rimasauskas and some unnamed conspirators posed as Quanta Computer, a Taiwan-based and ran a phishing scam by sending fraudulent emails to agents from and regularly in directing business with Quanta, Cnet reports.

Rimasauskas allegedly asked money for services rendered by the real be sent to a different in and Cyprus, all controlled by himself. In all, USD 23 million from in 2013 and USD 98 million from in 2015 were siphoned off.

The prosecutors don't allege that Rimasauskas was directly responsible for convincing Facebook and Google in sending the money, but believe he created the infrastructure for the money transfer.

He was extradited to the US in August 2017 and now he has pleaded guilty. Rimasauskas is scheduled to be sentenced on July 24, 2019. He could face up to 30 years in prison for the wire

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, March 25 2019. 21:01 IST