Two former U.S. Air Force members were sentenced for carrying out multi-year business email compromise and phishing schemes that stole credentials and rerouted corporate wire transfers. Their fraud helped divert more than $2.4 million from victims, with the Justice Department and FBI warning that BEC remains a major source of financial loss. #ChijiokeTimothyOdimegwu #HarafatMogaji #DoverAirForceBase #BusinessEmailCompromise
Keypoints
- Two former Air Force members were sentenced for running BEC and phishing scams.
- They stole employee email credentials and used spoofed addresses to redirect payments.
- The scheme diverted a $1.68 million wire and a separate $720,000 wire to conspiracy-controlled accounts.
- They also used stolen financial information to make unauthorized transactions.
- The FBI says BEC caused over $3 billion in losses and 24,768 complaints last year.