Incident: Two Sydney women charged over $500,000 BEC scam | iTnews
Australian Information Security Incident Reported: November 12 2019
Australian Cyber Crime 2019: Two Sydney women charged over $500,000 BEC scam
Two Sydney women have been charged over their alleged involvement in a $500,000 business email compromise scam against interstate businesses and a Sydney-based university
NSW Police said detectives from the State Crime Command’s Cybercrime Squad charged the women, both aged 30, following an investigation into money laundering activities using BEC scams under Strike Force Belltree.
NSW Police will allege in court that the women sent a fraudulent email claiming to be from a Sydney-based university requesting payment of almost $322,000 from an unnamed business.
Police will allege that the other woman altered invoices and sent fraudulent emails to several interstate businesses, which resulted in just over $186,000 being transferred to her accounts.