news: How a man stole over $100m from Google and facebook
A man has admitted to stealing more than $100 million from tech giants by forging invoices for purchases the companies had never made.
He devised a blatant scheme to fleece US companies out of $100 million.
Evaldas Rimasauskas, from Lithuania, sent fraudulent demands for money to Google and Facebook between 2013 and 2015 totalling $122 million.
The companies paid the bills, after seemingly not checking if the invoices corresponded with their own records.
The 50-year-old pleaded guilty to one count of wire fraud in New York on Monday. He faces a maximum sentence of 30 years in prison at his sentencing, currently scheduled for 24 July.