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Algerian alleged attacker from Nigeria, Jacob Ponle, also known as Woodberry, who is accused of organizing a fraudulent phishing scheme, converted part of the stolen funds into Bitcoin. Now access to them may be lost, reports DailyPost with reference to the Federal Bureau of Investigation (FBI).
Woodberry was arrested with Ramon Olorunva Abbas, known on Instagram under the nickname Hushpuppi. The latter constantly published pictures with expensive cars and private jets.
Hushpuppi, Woodberry and several other suspects were arrested in the UAE and extradited to the United States. They are accused of millions of dollars of cyber fraud, of which 1.9 million were allegedly victims.
The Woodberry case will be heard by the Chicago District Court. According to the investigation, two Chicago companies suffered from the actions of the attackers. One lost $ 2.3 million, the second - $ 15.2 million.
Presumably, the Ponle scheme worked for about nine months of 2019 - attackers gained access to the email of a company and sent unsuspecting employees letters indicating that the company’s funds were transferred to a bank account.
Accounts for the names of victims companies in the United States were opened by intermediaries working for Ponle. Then they converted part of the proceeds of crime into bitcoins and sent them to Ponle's wallet.
In addition to companies from Chicago, allegedly fraudulent activities also affected firms from Iowa, Kansas, Michigan, New York, and California.
Recall, in the spring, the FBI arrestedRussian Maxim Boyko on charges of laundering money using cryptocurrencies. Prior to this, Boyko posted on social networks photos with large amounts in different currencies.
Woodberry was arrested with Ramon Olorunva Abbas, known on Instagram under the nickname Hushpuppi. The latter constantly published pictures with expensive cars and private jets.
Hushpuppi, Woodberry and several other suspects were arrested in the UAE and extradited to the United States. They are accused of millions of dollars of cyber fraud, of which 1.9 million were allegedly victims.
The Woodberry case will be heard by the Chicago District Court. According to the investigation, two Chicago companies suffered from the actions of the attackers. One lost $ 2.3 million, the second - $ 15.2 million.
| "Preliminary analysis shows blokcheyna that Ponle received at least 1,494.71506296 associated with these two fraudulent schemes, worth $ 6.5 million at the time of receipt" , - claimed the FBI. |
Accounts for the names of victims companies in the United States were opened by intermediaries working for Ponle. Then they converted part of the proceeds of crime into bitcoins and sent them to Ponle's wallet.
In addition to companies from Chicago, allegedly fraudulent activities also affected firms from Iowa, Kansas, Michigan, New York, and California.
Recall, in the spring, the FBI arrestedRussian Maxim Boyko on charges of laundering money using cryptocurrencies. Prior to this, Boyko posted on social networks photos with large amounts in different currencies.