Companies Lose Millions of Dollars Through a Business Email Compromise Scheme (BEC) Ran by an International Crime Network

Uncovering international crime networks are difficult and lengthy. A new technology could possibly help speed up the process

By Dhina Clement, Marketing –
Evaldas Rimasauskas, leader of an international crime network was sent to prison for stealing millions of dollars from American businesses using a business email compromise scheme (BEC). Evaldas and those who worked for him spent about 2 years researching the victim companies and calling them to get access to their employee’s contact information and emails so that they can pose as vendors. As vendors, these fraudsters would ask the companies to change their banking information for upcoming payments and have them wired money to an accounting account, Rimasaukas would launder it all over the world. The two companies that wired money to the fraudulent accounts were robbed more than $120 million.

Discovering Illegal Schemes

Cases like this are so common for the FBI because BEC crimes can be committed from anywhere in the world. So how can the FBI send a more convincing message to those criminals involved in such a scheme? By working with EyeDetect® technology because it is fast, affordable & accurate. With EyeDetect, FBI agents can catch criminals faster and convict them without needing to spend years investigating the case. The idea is to subject suspects to answer a series of true and false questions in which they confirm or deny participation in the disqualifying behavior(s). EyeDetect’s infrared camera will then track eye movement, blinking and pupil dilation to score the examinee’s deceptiveness on a scale from zero to 100. Within 5 minutes of completing the test, the results will be generated with 86 percent accuracy. EyeDetect is currently being used by more than 500 customers in 43 countries, including 50 U.S. state and local law enforcement agencies. So it will be the perfect addition to the FBI.
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Photo by / Brett Jordan