Feeds

419 'money launderer' caught at Schiphol Airport

Police say companies were plundered

High performance access to file storage

Dutch police believe a Nigerian man who was arrested at Schiphol Airport a couple of weeks ago with €1.2m in his pocket - the biggest money seizure in Dutch history - belongs to a major 419 scam operation.

According to Dutch police Idowu Musiliu Balogun, 36, works for ringleader U. Kingsley, who is still at large. Kingsley and his band of confidence tricksters recently plundered a dozen or so German companies for €4m.

Balogun and Kingsley were arrested two years ago in Nigeria for selling a house in the US without the knowledge of the owner. Both men had gained access to a mailbox of a US businessman and then instructed an estate agent to sell his house and transfer the money to their own account. Another victim from Limburg in the Netherlands was lured into a classic advance fee scheme, with promises of lottery winnings or an inheritance.

Lawyer Theo Hiddema told the Dutch daily Telegraaf that his client "is just a Nigerian businessman who visited Holland to buy trucks, but unfortunately his business partner didn't turn up". However, Hiddema had to admit that if the accusations bear any merit “the case can get complicated."®

SANS - Survey on application security programs

More from The Register

next story
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
MtGox chief Karpelès refuses to come to US for g-men's grilling
Bitcoin baron says he needs another lawyer for FinCEN chat
Record labels sue Pandora over vintage song royalties
Companies want payout on recordings made before 1972
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
Apple DOMINATES the Valley, rakes in more profit than Google, HP, Intel, Cisco COMBINED
Cook & Co. also pay more taxes than those four worthies PLUS eBay and Oracle
Number crunching suggests Yahoo! US is worth less than nothing
China and Japan holdings worth more than entire company
prev story

Whitepapers

SANS - Survey on application security programs
In this whitepaper learn about the state of application security programs and practices of 488 surveyed respondents, and discover how mature and effective these programs are.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Top three mobile application threats
Learn about three of the top mobile application security threats facing businesses today and recommendations on how to mitigate the risk.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.