$5.3m BEC fraud: US traces funds to Nigeria, Hong Kong, others
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$5.3m BEC fraud: US traces funds to Nigeria, Hong Kong, others

The United States (US) government on Wednesday filed a civil forfeiture action in its bid to recover the sum of $5,315,746 alleged to be proceeds of a Business Email Compromise (BEC) scheme targeting a Massachusetts workers union and property involved in money laundering. This was disclosed in a statement by the US Attorney’s Office, District…