According to reports, a Lithuanian man named Evaldas Rimasauskas has pleaded guilty to wire fraud, aggravated identity theft and money-laundering charges stemming from a $100 million scam that he pulled on Facebook and Google. Apparently, Rimasaukas sent the two tech giants bogus invoices that were actually honored and paid out which costs Facebook $99 million and Google $23 million.
The indictment reads that Rimasaukas “forged invoices, contracts, and letters that falsely appeared to have been executed and signed by executives and agents of the Victim Companies." Adding, these invoices, contracts, and letters "bore false corporate stamps embossed with the Victim Companies’ names, to be submitted to banks in support of the large volume of funds that were fraudulently transmitted via wire transfer.”
After pleading guilty and accepting the plea deal, Rimasaukas will fork over $50 million and will face sentencing this summer. He could face up to 30 years.
Source: nydailynews.com
