A Lithuanian man admitted today to defrauding Google and Facebook out of $123 million by using fake invoices to trick employees into wiring money to his bank accounts.
The man, Evaldas Rimasauskas, 50, pleaded guilty today in a New York court and now faces a sentence of up to 30 years in prison for his crimes.
Rimasauskas was arrested by Lithuanian authorities in March 2017 and extradited to the US to face charges in August of that year.
US officials said Rimasauskas operated by using a company he set up that employed a name similar to Quanta, a reputable provider of data center hardware products.
He targeted Google and Facebook because both companies run their own data centers and were known to have had business relations with Quanta.