Hackers linked to Chinese government and ex-Nigerian official stole millions in U.S. Covid benefits

Primary tabs

Mon, 2022-12-05 10:49 — mike kraft

Hackers linked to Chinese government stole millions in Covid benefits The theft of state unemployment funds is the first pandemic fraud tied to foreign, state-sponsored cybercriminals that the U.S. government has acknowledged publicly. NBC News

Hackers linked to the Chinese government stole at least $20 million in U.S. Covid relief benefits, including Small Business Administration loans and unemployment insurance funds in over a dozen states, according to the Secret Service.

The theft of taxpayer funds by the Chengdu-based hacking group known as APT41 is the first instance of pandemic fraud tied to foreign, state-sponsored cybercriminals that the U.S. government has acknowledged publicly, but may just be the tip of the iceberg, according to U.S. law enforcement officials and cybersecurity experts. ...

“It would be crazy to think this group didn’t target all 50 states,” said Roy Dotson, national pandemic fraud recovery coordinator for the Secret Service, who also acts as a liaison to other federal agencies probing Covid fraud.

...

ALSO SEE: Ex-Nigerian official defrauded American taxpayers by stealing hundreds of thousands of dollars in coronavirus relief benefits

Since the coronavirus pandemic hit in early 2020, the U.S. government has spent more than $5 trillion to respond to the crisis and stabilize the American economy. Much of that money helped families and businesses survive a dire economic shutdown. But billions of dollars were stolen, and no one is sure, even now, exactly how much has disappeared.

Some of it was nabbed by U.S. criminals, but a chunk went to foreign nationals who had honed their tactics in defrauding people through identity theft and scams over years and saw in the pandemic a chance to hit it big. Rufai’s wild tactics and dramatic life story — laid out in vivid detail in court documents — offers a startling view of one of the many accused scam artists who siphoned riches from the huge money pot created by Washington in 2020 and 2021.

...

Country / Region Tags:

General Topic Tags: