Topic: Online Romance Scam Uncovers 25 Victims and Over $6MM In Funds Fraudulently
Presented By: U.S. Secret Service Financial Analyst Andrew Frey San Francisco Field Office.
An investigation into an online romance scam uncovers 25 victims and over $6MM in funds fraudulently obtained from victims of romance scams and business email compromises.
In May 2019, the U.S. Secret Service, San Francisco Field Office, opened an investigation into a scheme that defrauded a Bay Area resident of $600k. The investigation ultimately uncovered over two dozen victims of romance scams and business email compromises with over $6MM in losses. The over two-year investigation resulted in federal indictments for two individuals on multiple charges of money laundering.
This webinar is held via Zoom and is open to the public.
Valley Strong Credit Union is not responsible for the products or recommendations provided by Andrew Frey the Forensic Financial Analyst with the U.S. Secret Service, nor any business transactions conducted between Andrew Frey the Forensic Financial Analyst with the U.S. Secret Service.