BEC

Nigerian BEC Scammer Sentenced To 25-Year Prison Term in the United States

A 46-year-old man was found guilty of laundering more than $9.5 million amassed via the commission of financial fraud that was enabled by the internet and received a 25-year prison sentence as a result. Elvis Eghosa Ogiekpolor, of Norcross, Georgia, ran a money-laundering network that set up at least 50 corporate bank accounts to swindle […]

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Interpol Arrests 11 Members of a Nigerian Cybercrime Gang

11 members of a Nigerian cybercrime gang known for perpetrating business email compromise (BEC) have been apprehended by a coordinated law enforcement operation. This comes after a ten-day investigation dubbed Operation Falcon II undertaken by the Interpol along with participation from the Nigeria Police Force’s Cybercrime Police Unit in December 2021. Group-IB and Palo Alto

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