DoJ Recovers $5M Lost in BEC Fraud Against Workers' Union
ID: 9f01cfb1-abcd-5fac-a1a6-f837ff3273e1
STIX ID: report--9f01cfb1-abcd-5fac-a1a6-f837ff3273e1
Feed Name: Dark Reading
Threat Score
Date Published: 2025-03-27
Date Updated: 2026-05-05
Author: Kristina Beek, Associate Editor, Dark Reading
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The DOJ announced recovery of over $5 million and seizure of property linked to a business email compromise (BEC) in which a Massachusetts union was tricked by a spoofed email into redirecting a $6.4M payment; stolen funds were laundered through multiple bank accounts, a cryptocurrency exchange, and moved to accounts in Hong Kong, China, Singapore, and Nigeria before seven domestic accounts were seized.
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