Trojan News :: Real Time News

US government

US Govt Cracks Down On $5.3 Million Fraud, Traces Money To Hong Kong, Nigeria

THE US government has initiated a civil forfeiture action to reclaim $5.3 million tied to a business email compromise (BEC) scheme that defrauded a Massachusetts workers union. A spoofed email in January 2023 tricked the union into transferring $6.4 million to…