How a bank got e-mail scammed

Wednesday, 25 September 2002, 12:51 AM EST

Ann Marie Poet's new business partner called himself Dr. Mbuso Nelson, and said he was an official with the Ministry of Mining in South Africa.

Nelson popped into Poet's life out of nowhere one day, offering to pay $4.5 million to the 59-year-old secretary for her assistance in transferring $18 million from a bank in South Africa to the United States.

This struck Poet as a reasonable proposition. Oh, sure, there were some pesky little bribes and fees that needed to be paid before the money could be transferred. But Poet could handle that -- compliments of a little corporate embezzlement.

According to court records, from February to August 2002, Poet moved $2.1 million, in amounts ranging from $9,400 to $360,000 per wire transfer, from the accounts of Olsman Mueller & James -- a Berkley, Michigan, law firm where she was employed -- to various bank accounts in South Africa and Taiwan.

[ Read more ]




Spotlight

Using Hollywood to improve your security program

Posted on 29 July 2014.  |  Tripwire CTO Dwayne Melancon spends a lot of time on airplanes, and ends up watching a lot of movies. Some of his favorite movies are adventures, spy stuff, and cunning heist movies. A lot of these movies provide great lessons that we can apply to information security.


Weekly newsletter

Reading our newsletter every Monday will keep you up-to-date with security news.
  



Daily digest

Receive a daily digest of the latest security news.
  

DON'T
MISS

Wed, Jul 30th
    COPYRIGHT 1998-2014 BY HELP NET SECURITY.   // READ OUR PRIVACY POLICY // ABOUT US // ADVERTISE //