Facebook and Google were victims of $100M payment scam

[dealmaker]

Facebook and Google were victims of $100M payment scam

When the Justice Department announced the arrest last month of a Lithuanian who allegedly swindled more than $100 million from two U.S. tech giants, the agency didn’t say who was robbed. But Fortune Magazine has identified the two companies as Facebook and Google. (Fortune Magazine)

 

[FCXoptions]

That is wild. You would think somewhere between $0 and $100m he would have figured out a good plan to disappear and enjoy that money. If he was sharp enough to pull that off he had to be sharp enough to know they wouldn't pay a fake vendor forever.

 

[dealmaker]

That is wild. You would think somewhere between $0 and $100m he would have figured out a good plan to disappear and enjoy that money. If he was sharp enough to pull that off he had to be sharp enough to know they wouldn't pay a fake vendor forever.

He was blinded by greed.

 

[felixbocharov]

Yeah, in this case greed destroyed everything.

 

[mlawson71]

That is wild. You would think somewhere between $0 and $100m he would have figured out a good plan to disappear and enjoy that money. If he was sharp enough to pull that off he had to be sharp enough to know they wouldn't pay a fake vendor forever.

I think his arrogance got the better of him. He was sharp enough to swindle Google and Facebook and likely thought he was sharp enough not to get caught.