Before He Spammed You, this Sly Prince Stalked Your Mailbox
Summary: A Krebs on Security reader forwarded a Nigerian prince-style advance fee letter that arrived by U.S. Postal Service with a postmarked stamp, asking for help laundering some $11.6 million. The article notes these 419 scams predate email, are often run by the same people behind romance scams and business email compromise fraud, and that the FBI received nearly 14,000 BEC complaints totaling around $1.1 billion in the first seven months of 2019.
Why it matters: The same criminal rings behind these mailed letters also run business email compromise fraud, where a spoofed boss and an urgent invoice produced roughly $1.1 billion in reported losses in just seven months of 2019.
Read the original at Krebs on Security ↗
- Topics
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