SecurityBrief Asia logo
Asia's leading source of cybersecurity and cyber-attack news
Story image

US takes down Nigerian scammers involved in large scale fraud network

FYI, this story is more than a year old

Nigerian scammers have been well known for all kinds of email scams - romance scams being near the top of the list. Finally the US Department of Justice took down three of the main perpetrators who were part of a large-scale fraud network.

The three Nigerian nationals were extradited from South Africa to the Southern District of Mississippi in 2015. This week the three scammers, aged in their 30s and 40s, were finally sentenced after a three-week trial earlier this year.

"According to the plea agreements and evidence at trial, the defendants and their co-conspirators carried out numerous internet-based fraud schemes dating back at least to 2001," a statement from the US Department of Justice says.

The scammers, with the help of US citizens, conducted 'romance scams'. The perpetrators would use a false identity on dating websites to gain unsuspecting victims' trust.

The perpetrators then asked for money or to become involved in the fraud activities themselves by cashing in counterfeit cheques and money orders, or by using stolen credit card numbers to buy electronics, and taking over victims' bank accounts. The scam as a whole accounted for 'tens of millions of dollars in intended losses'.

Rasaq Aderoju Raheem was sentenced to 115 years behind bars, while Oladimeji Seun Ayelotan was sentenced to 95 years and Femi Alexander Mewase was sentenced to 25 years.

The scammers were convicted on a number of offences, including mail fraud, wire fraud, identity theft, credit card fraud and government property theft. Ayetolan and Raheem were also convicted of conspiracy to commit bank fraud and money laundering.

But the three nationals weren't the only scammers involved in the case: A total of 21 defendants were charged, of whom 12 pleaded guilty to conspiracy and 11 have been sentenced.

The US Department of Justice reports that one of the conspiracy leaders was previously sentenced to 10 years in prison. Others behind the scheme received sentences between six months and 10 years.

The takedown was part of a major joint effort by US and South African authorities.

Related stories
Top stories
Story image
Malware
Black Lotus Labs discovers new, multipurpose malware
Black Lotus Labs, the threat intelligence team at Lumen, has discovered a new, rapidly growing, multipurpose malware written in the Go programming language.
Story image
Distributed Denial of Service
Sysdig reveals a loss of $53 for every $1 cryptojackers gain
The 2022 Sysdig Cloud Native Threat Report breaks down supply chain attacks against containers and how geopolitical conflict influences attacker behaviours.
Story image
Firewall
Barracuda accelerates growth in its data protection business
Barracuda cloud-to-cloud backup protects against evolving cyber threats, such as ransomware, and is now transactable in the Azure Marketplace.
Story image
Apple
Jamf shows intent to acquire mobile security firm ZecOps
This acquisition positions Jamf to help IT and security teams strengthen their organisation’s mobile security posture.
Story image
Work from home
Jamf showcases new products to simplify and secure work
At the 13th annual Jamf Nation User Conference, the company shared how its continuous product innovation is helping organisations succeed with Apple.
Story image
Network Management
Fortinet introduces enhanced AIOps across its gateways
FortiAIOps builds on Fortinet's rich history of developing artificial intelligence to deliver actionable network insights for self-optimising management.
Story image
Kaspersky
Cybersecurity loopholes prevalent in South East Asia
In terms of the share of vulnerabilities with publicly available exploits, three countries out of top five are located in Southeast Asia.
Story image
Cloud
How modern IT architectures are moving beyond network visibility
Dealing with multiple cloud providers makes it difficult to identify security threats and performance bottlenecks and troubleshoot issues.
Story image
Cybersecurity
Ransomware attacks continue to increase, report finds
Nearly a quarter of businesses have suffered a ransomware attack, with a fifth occurring in the past 12 months.
Story image
Secure Code Warrior
Secure Code Warrior announces Coding Labs innovation
Coding Labs mechanisms allow developers to move from learning to applying secure coding knowledge more efficiently, leading to fewer code vulnerabilities.
Story image
Cybersecurity
Kaspersky updates endpoint detection and response solution
"One of the goals was to make all the solutions capabilities accessible for all types of our users, even those who are making their first steps in EDR."
AWS Marketplace
Whitepaper: A practical guide for mitigating risk in today’s modern applications
Link image
Story image
Malware
Decrease in malware volume, but surge in encrypted malware
The Q2 Internet Security Report found office exploits continue to spread more than any other category of malware.
Story image
Enterprise
Delinea shares the importance of PAM, partners and security for modern enterprise
Identity-based security is becoming a crucial tool for modern enterprises as they continue to adapt to different working environments.
Story image
Mobile Device Management
How to easily scale your mobile workforce and devices for the peak shopping season
Retailers are under constant pressure to streamline processes and become more efficient while looking for ways to improve customer satisfaction levels.
Story image
Software-as-a-Service
Enterprises yet to fully commit to cybersecurity - CompTIA
“Digital transformation driven by cloud and mobile adoption requires a new strategic approach to cybersecurity, but this poses significant challenges."
Aws Marketplace
Learn how to implement a backup and recovery plan for a new generation of Kubernetes-based modern applications
Link image
Story image
Malware
Kaspersky uncovers new malicious malware NullMixer
Kaspersky researchers have uncovered a new malware stealing users credentials, address, credit card data, cryptocurrencies, and accounts.
Story image
Cybersecurity
Employees unsure who to go to to report security incident
A new study shows more than 20% of the untrained global workforce do not know who to contact during a security breach.
Story image
Artificial Intelligence
Ordr improves security and management of connected devices
It has implemented more than 80 integrations within the Ordr Data Lake while adding security enhancements to accelerate zero trust segmentation.
Story image
Legacy
Trellix enables greater cyber resiliency with extended XDR platform
"Legacy SIEM technology has failed to modernise security operations. We are confident Trellix XDR fills this critical gap.”
Story image
Phishing
Vectra Protect team finds Microsoft Teams vulnerability
The Vectra Protect team identified a post-exploitation opportunity in August, allowing malicious actors to steal valid user credentials from Microsoft Teams.
Story image
Cybersecurity
De-risking the innovation cycle – a modern, real-time approach to security
Many organisations see cybersecurity as an inhibitor of innovation, with burdensome protection measures standing in the way of progress and speed.
Story image
Hybrid Cloud
Hybrid cloud security driving need for deep observability
Gigamon is bringing application and network-level intelligence together to help network, security, and cloud IT operations teams eliminate security blind spots.
Story image
Cybersecurity
Best practices for industrial cyber resilience
Operational technology (OT) security is gaining more attention than ever before, but sufficient understanding of what it takes to prevent breaches is still lacking amongst many organisations.
Story image
Malware
SonicWall threat report mid-year update highlights significant threat variance
The 2022 SonicWall Cyber Threat Report mid-year update from SonicWall gives an in-depth insight into many of the current trends across the threat landscape.
Story image
Cloud Security
75% of AU companies had cloud security incident in past year
According to new Venafi research, complexity is due to increase, as companies plan to host more applications in the cloud.
Story image
Cybersecurity
Macroeconomic headwinds driving security up priority list
Current macroeconomic headwinds are driving security up enterprise’s priority list and reshaping the hardware Security Module market.
Story image
Ransomware
Delinea updates DevOps security, remote access more seamless
New enhancements include development support on the most recent Mac computers and improved secrets' management usability through automation.
Story image
Cybersecurity
Test your API Security with Infinite API Scanner
The effectiveness of API scanning technology can mean the difference between successful and unsuccessful programming outcomes, and often enterprises and IT leaders struggle to get it right.
Story image
Edge Security
Security practices for modernising the “spaghetti” of on-premises IT
Many organisations are wondering how to securely modernise their workload, often made up of a “spaghetti” of on-premises applications and management consoles.
Story image
IT Training
Six ways to transform your cybersecurity training and influence lasting change
If the goal is to win hearts and minds, formal awareness training can fall short and often doesn’t inspire people to care.
Story image
Data Protection
Cloudflare brings Data Localisation Suite to more APAC businesses
This allows any business in these countries to service their data locally while benefiting from the speed, security, and scalability of Cloudflare’s global network.
Story image
Cybersecurity
StackHawk launches deeper API security test coverage
Expansion of test coverage includes custom scan discovery, custom test scripts and custom test data for REST APIs.
Story image
Virtual Private Network
95% of organisation rely on VPN as threats continue - report
There is a growing number of VPN-specific security threats and a need for Zero Trust security architecture in enterprise-level organisations.
Story image
Malware
Cybereason delivers nation-state level of protection to enterprises
Cybereason has announced new advancements in Cybereason NGAV that deliver nation-state level protection for organisations of all sizes.
Story image
Cybersecurity
Video: 10 Minute IT Jams - An update from SearchInform
Val Novoselova joins us today to to discuss new trends in the information security space, and how SearchInform is adapting to some of the new trends we are seeing.
Story image
Threat intelligence
Trellix advances threat intelligence with new research centre
Trellix has announced the establishment of the Trellix Advanced Research Center to advance global threat intelligence.
Story image
Ransomware
Commvault unveils early warning system, Metallic ThreatWise
A first among data protection vendors, the new cyber deception service detects and contains ransomware threats.
Story image
Software-as-a-Service
Varonis adds secrets discovery to data classification
The data security firm announces enhancements that detect and remediate overexposed private keys, encryption certificates, API keys, and authentication tokens.