Feeds

Romanian middleman pleads guilty to $2.7m auction scam

'Buy it now' scammer going down

Intelligent flash storage arrays

A Romanian native faces jail in the US after pleading guilty to participating in a $2.7m online marketplace scam.

Adrian Ghighina, 33, of Bucharest, admitted conspiracy, fraud and money laundering charges at a hearing at a US District Court in Illinois on Thursday.

Ghighina acted as a middleman collecting cash and bank transfers from victims who bought non-existent cars and motorbikes in fraudulent auctions for run on eBay, Craigslist and AutoTrader.com. He took between 20 to 40 per cent of the take before sending the remainder of the funds to his co-conspirators.

Ten other people have been charged over the scam, which dates back to November 2004.

The gang took over legitimate accounts and used fake escrow services in a bid to bolster their credibility. Investigators reckon as many as 1,100 victims were taken in by the scam.

Ghighina, already serving a 27 month term for visa offences, faces a sentencing hearing on the fraud charges on 9 May.

More details on the case can be found in a DoJ statement here. ®

Top 5 reasons to deploy VMware with Tegile

Whitepapers

Choosing cloud Backup services
Demystify how you can address your data protection needs in your small- to medium-sized business and select the best online backup service to meet your needs.
Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.