Tech giants Google and Facebook over the course of two years suffered a long phishing scam from a Lithuanian man whom they wired over a $100 million to his accounts.
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The criminal who orchestrated the act, a Lithuanian named Evaldas Rimasauskas is said to have forged fake invoices, emails and stamps posing as Quanta Computer, a Taiwanere manufacturer with a client list that includes Apple and Amazon. Fortune reports that Google and Facebook made no hesitation in paying up.
The US Department of Justice published an indictment against the Lithuanian, but Fortune reports that the man who is currently waiting extradition and hasn't been tried, denies the allegations.
"This case should serve as a wake-up call to all companies," Acting US. Attorney Joon H. Kim said. "Even the most sophisticated -- that they too can be victims of phishing attacks by cybercriminals."
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Google and Facebook said they have recovered bulk of the fund shortly after the incident and have been working with security operatives to help them carry out their investigations.
"We detected this fraud against our vendor management team and promptly alerted the authorities. We recouped the funds, and we are pleased this matter is resolved," a Google spokesman said.