Hackers defraud the German authorities and steal 16 million 2020


Fraud in a new way on the German authorities 😁






Hackers defraud the German authorities with a fake mask deal


Businessinsider reported that a group of fraudsters of multiple nationalities tried to deceive German authorities with fake email addresses and a cloned website to deliver more than $ 16 million to receive medical masks that did not exist during the past month.

Interpol announced this week that two suspects had been arrested in connection with the fraud, and investigations are now underway across Europe.

Initially, the German health authorities allocated 16 million dollars to two suppliers in mid-March to buy millions of medical masks, as the country entered a lockdown period to slow the spread of the Corona virus.

The buyers identified a Spain-based company selling the masks, and contacted using the company's email addresses.

And it turned out the company was real, but the site was a fake clone created by phishers, and the German buyers were in contact with email addresses that had been hacked by the cyber fraudsters.

Interpol Secretary General Juergen Stock said in a statement: “Those arrested in this case have no connection to the medical equipment industry, they were simply fraudsters who saw an opportunity with the outbreak of Covid-1919.

The suspects allegedly demanded that German buyers pay $ 1.6 million in down payment for shipping 1.5 million masks, and the victims of this fraud paid that amount, but realized that they were being deceived when they received a letter on the day of the supposed delivery, as the fraudsters demanded another urgent payment of more than 950 one thousand dollars.

After the buyers alerted the authorities, the $ 1.6 million transaction was frozen and Interpol tracked down recipients, who were intending to direct payments through the UK to a bank account in Nigeria.

"They have adjusted their sales plans to take advantage of the tense supply chains and generate huge profits," Stock added. "Interpol will continue to work on this issue and many others of this nature."

The incident is a prime example of the growing trend of fraudsters using fake emails and misleading websites related to the Corona-virus to capitalize on health agencies' desperation.
According to Microsoft, every country on Earth has been hit by a cyber attack related to the corona-virus, and the majority of frauds take the form of phishing attacks; Fraudsters use fake emails or websites to trick victims.




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