Facebook and Google have been robbed through a very old method. The man behind the fraud managed to steal $120 million from two of the biggest companies in the world: Google and Facebook.
Well it happens to the best of us. And if you’re going to steal, you have to make sure you know where you’re stealing from, from companies who can afford it.
Evaldas Rimasauskas, a 50 years old man from Lithuania, admitted to the crime when he was brought to justice in the United States of America.
Evaldas, along with other accomplices who’s names were not released to the public initiated a large scale fraud by stealing data and money from two of the biggest companies in the world, Facebook and Google.
Facebook and Google were robbed by Evaldas’ group of hackers through the classic phishing method, which is a method that has been making victims for many years now. You might say that Facebook and Google might not be able to be robbed this way, but the truth is that they can.
How Google and Facebook were robbed
U.S. prosecutors do not mention that Evaldas is the one who directly asked Facebook and Google for money, but they think he is the mastermind of the infrastructure that robbed Facebook and Google of $120 million.
It appears that Evaldes founded a company called Quanta Computer, the same name used by a laptop manufacturer in Taiwan. Using the name of this company, Elvadas demanded Facebook pay $23 million and Google $98 million for nonexistent services. This happened way back in 2013.
Evaldas’ shell company, which used the name Quanta Computer, managed to steal money thanks to some Facebook and Google agents. These agents received the classic phishing emails and they fell for them.
They asked for money for services rendered by the true Quanta Computer company but the money were sent to bank accounts in Cyprus and Latvia, accounts controlled by Evaldas.
The man was extradited to the United States in 2017. The $120 million that the man managed to steal from Facebook and Google were eventually recovered.