October 20, 2021

Buffalo Man Charged With International Email Scam Targeting Businesses And Defrauding Victims Out Of Hundreds of Thousands Of Dollars | USAO-WDNY

CONTACT: Barbara Burns
PHONE: (716) 843-5817
FAX #: (716) 551-3051

BUFFALO, N.Y. – U.S. Attorney James P. Kennedy, Jr. announced today that Eric Iwu aka James, 32, a Nigerian citizen currently residing in Buffalo, NY, was charged by criminal complaint with conspiracy to commit wire fraud. The charge carries a maximum penalty of 20 years in prison and a $250,000 fine.

Assistant U.S. Attorney Charles M. Kruly, who is handling the case, stated that according to the complaint, the defendant is accused of facilitating a “Business Email Compromise” (BEC) scam, a type of scam typically targeting companies that conduct wire transfers and have suppliers and vendors abroad. BEC scammers typically use techniques, such as keyloggers and phishing attacks, to compromise or spoof the corporate or publicly available email accounts of executives or high-level employees who are involved in a…

Read full article here: www.justice.gov