A Nigerian man Emmanuel Mong wanted for fraud has been arrested while trying to catch a flight to Nigeria has been arrested in Washington, Stamford Advocate reported on Wednesday. Mong has been extradited to Stamford where he will be charged for illegally intercepting a $30,000 wire transfer from a privately held pharmaceutical company, Purdue Pharma. In Mong’s arrest affidavit, Coughlin explained that once fraudsters hack inside an email system, the fraudsters will monitor company email traffic, learning payment behaviours and relevant executives’ names. “Back in April 2017, Purdue Pharma sent a payment of $30,000 for production materials to a Wells Fargo bank account,” the affidavit said. The account also showed a separate incoming wire transfer of $59,000, likely from an additional victim.

Source: The Guardian December 26, 2019 16:07 UTC