Dark Reading is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Vulnerabilities / Threats

3/22/2019
11:55 AM
50%
50%

Two Found Guilty in Online Dating, BEC Scheme

Cybercriminals involved in the operation created fake online dating profiles and tricked victims into sending money to phony bank accounts.

Two men have been found guilty for their roles in a fraud operation in which cybercriminals spoofed emails, built fake online dating profiles, and fooled victims into sending them money.

Nigerian citizen Olufolajimi Abegunde and Mexican citizen Javier Luis Ramos-Alonso were both part of a cybercriminal organization that manipulated people into sending money to bogus bank accounts under the group's control, the Department of Justice reports. Funds were laundered and wired out of the United States to various locations, West Africa among them.

Abegunde participated in black-market currency exchanges throughout the scheme and portrayed himself as a legitimate businessman, the report states. Evidence shows the business he claimed to work with was not operational in late 2017; his primary income came from off-the-record currency transactions. He reportedly told people he preferred cash as it "eliminated the risk."

Using the cybercriminal network, Abegunde and Ramos-Alonso laundered fraud funds from an July 2016 business email compromise (BEC) scam of a real-estate business based in Tennessee, followed by an October 2016 BEC scam on a Washington-based land title company. Further, Ramos-Alonso engaged in a three-year relationship with someone he met through an online dating website. He consistently sent her money using a network of people based in Africa and the US, and evidence showed the woman was a front for people linked to the money-laundering scheme.

Five more people have pleaded guilty for their roles in this operation, and three foreign nationals are awaiting extradition to the US to face trial. Others remain at large. Sentencing for Abegunde and Ramos-Alonso is set for June 21, 2019.

Read more details here.

 

 

Join Dark Reading LIVE for two cybersecurity summits at Interop 2019. Learn from the industry's most knowledgeable IT security experts. Check out the Interop agenda here.

Dark Reading's Quick Hits delivers a brief synopsis and summary of the significance of breaking news events. For more information from the original source of the news item, please follow the link provided in this article. View Full Bio
 

Recommended Reading:

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
DavidHamilton
50%
50%
DavidHamilton,
User Rank: Apprentice
4/16/2019 | 4:40:20 AM
Easy targets
Isn't it just sad that you are targeting people who are at their most vulnerable state while looking for love? I guess that is the most easiest group to fall prey to online scams because they are willing to do anything to fall in love and meet their prince charming or cinderella.
RyanSepe
50%
50%
RyanSepe,
User Rank: Ninja
3/27/2019 | 9:28:20 AM
Don't Send Money to Randoms
This falls under the best practice of not sending money to random people online. Its astounding how this is still a relevant premise.
REISEN1955
50%
50%
REISEN1955,
User Rank: Ninja
3/22/2019 | 1:24:05 PM
Ancient law of humanity throughout the centuries
First thought: Sex sells. 

Second thought - the headline for this is very mis-leading!
Register for Dark Reading Newsletters
White Papers
Video
Cartoon Contest
Current Issue
2020: The Year in Security
Download this Tech Digest for a look at the biggest security stories that - so far - have shaped a very strange and stressful year.
Flash Poll
Assessing Cybersecurity Risk in Today's Enterprises
Assessing Cybersecurity Risk in Today's Enterprises
COVID-19 has created a new IT paradigm in the enterprise -- and a new level of cybersecurity risk. This report offers a look at how enterprises are assessing and managing cyber-risk under the new normal.
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2020-12512
PUBLISHED: 2021-01-22
Pepperl+Fuchs Comtrol IO-Link Master in Version 1.5.48 and below is prone to an authenticated reflected POST Cross-Site Scripting
CVE-2020-12513
PUBLISHED: 2021-01-22
Pepperl+Fuchs Comtrol IO-Link Master in Version 1.5.48 and below is prone to an authenticated blind OS Command Injection.
CVE-2020-12514
PUBLISHED: 2021-01-22
Pepperl+Fuchs Comtrol IO-Link Master in Version 1.5.48 and below is prone to a NULL Pointer Dereference that leads to a DoS in discoveryd
CVE-2020-12525
PUBLISHED: 2021-01-22
M&M Software fdtCONTAINER Component in versions below 3.5.20304.x and between 3.6 and 3.6.20304.x is vulnerable to deserialization of untrusted data in its project storage.
CVE-2020-12511
PUBLISHED: 2021-01-22
Pepperl+Fuchs Comtrol IO-Link Master in Version 1.5.48 and below is prone to a Cross-Site Request Forgery (CSRF) in the web interface.