Man who stole over Sh10 billion from Google, Facebook guiltyEvaldas Rimasauskas ahead of a verdict announcement in his extradition case at a court in Vilnius, Lithuania July 17, 2017. Rimasauskas also agreed to forfeit about $49.7 million he personally obtained from the scheme, according to a court filing. The prosecutors did not name the companies, but Taiwan-based Quanta Computer Inc confirmed after Rimasauskas’ arrest that it was the Asian vendor, and a Lithuanian court order in 2017 identified Google and Facebook as the victims. The scheme defrauded Google out of $23 million and Facebook out of $99 million, according to that order. Prosecutors said Rimasauskas contributed to the scheme by setting up a fake company and a bank account in Latvia.

Source: Standard Digital March 29, 2019 07:41 UTC