Evaldas Rimasauskas a Lithuanian citizen, who successfully trick Facebook and Google into paying him a total of $122 million by forging bills and contracts.
He has than successfully stole around $99 million from Facebook and $23 million from Google.
This is HELL Big Amount of Money, His plan looks very simple but was actually very complicated for many to understand, which is why, his plan worked.
What He Did Was? He has registered a fake company under the name of Taiwanese hardware giant Quanta Computer Inc. than opened a bank account all around the world including Lithuania, Hungary, Cyprus, Slovakia, and Latvia.
He then forged the bills or hardware purchase and contracts with a sign of the both companies executives.
He has also managed to get stamps of both the companies. One can image the research and hard work that went into this.
Later, he started his work to send bills to both multi-billion dollar companies, including Facebook and Google started payment the bills via Wire Transfer until Google suspected that there was something wrong and notified the authorities.
Isn’t it really surprising? Of course it is.
Companies which worth billions started paying him without recheck the invoices and sent the money without any confirmation.
However, Evaldas Rimasauskas has proved to be guilty and now he is ready to pay $50 million as a penalty.
Nobody really know where the hell all that money went.
Rimasauskas will be sentenced on July 29. He faces up to 30 years.
“As Evaldas Rimasauskas admitted today, he devised a blatant scheme to fleece U.S. companies out of over $100 million, and then siphoned those funds to bank accounts around the globe,” stated Manhattan U.S. Attorney Geoffrey S. Berman in the DoJ press release containing the unsealed indictment from March 21, 2017.
According to the indictment [.PDF], Rimasauskas registered and incorporated a Latvian company with the same name as the Asian computer hardware manufacturer Quanta Computer Inc as reported by Bloomberg, and also opened multiple accounts at banks from Cyprus, Lithuania, Hungary, Slovakia, and Latvia to receive the fraudulent payments.
According to Google’s Statement to CNet,
We detected this fraud and promptly alerted the authorities. We recouped the funds and we’re pleased this matter is resolved.