Man stole $122million from Facebook & Google by sending them random bills which they paid for.

A man made up random bills, and just sent them over to Facebook and Google. Facebook and Google, not caring, paid those bills thinking they were just random bills they had to pay.

Evaldas Rimasauskas of Lithuania sent over invoices to Facebook and Google for items the companies never purchased.

Speculator believes Rimasauskas may have actually gotten away with it if the amount he stole wasn’t that high.

Rimasauskas plead guilty to US wire fraud, aggravated identity theft, and money laundering charges, admitting that he had stolen $99m from Facebook and $23m from Google between 2013 and 2015.

What he did included:

“forged invoices, contracts, and letters that falsely appeared to have been executed and signed by executives and agents of the Victim Companies, and which 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.”

It’s also reported that he faked emails to make it appear like the emails were coming from corporate executives.

It’s reported that no one actually checked to see where these invoices were coming from first, or if they had been issued by those companies, as Facebook and Google have hundreds or thousands of bills and payments to make. It’s only when the bills got enormously high and Rimasauskas kept going that they checked.

Rimasauskas agreed to forfeit $50m, but $73 million is yet to be found.

Google released a statement saying:

“We detected this fraud and promptly alerted the authorities. We recouped the funds and we’re pleased this matter is resolved.”

Rimasauskas faces up to 30 years in prison, and will be sentenced on July 29.

Manhattan U.S. Attorney Geoffrey S. Berman said in a statement:

“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,”

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