FBI Uncovers International Cyber Fraud Scheme, Locates Suspect’s IP Address in Michigan

In a major breakthrough, the Federal Bureau of Investigation (FBI) has successfully traced the location of an international cyber fraud suspect to Michigan, USA. The investigation revealed that the suspect was using a non-domestic IP address to communicate with victims.

How the Scheme Was Uncovered

The FBI’s cybersecurity team discovered that the victim’s email account had been compromised by an outdated and vulnerable version of WordPress, allowing hackers to gain access to sensitive information. A thorough analysis of the email headers showed that the communication took place between the victim’s email account and a fake domain.

Techniques Used by the Suspect

The investigation also found that the suspect used Virtual Private Networks (VPNs) and proxy servers to conceal their identity and location. Furthermore, the FBI discovered evidence of money muling, use of false identification, and wire transfers.

Red Flags Identified

• Money muling
• Use of VPN (Virtual Private Networks)
• Proxy servers (ways to hide behind alternate IP addresses)
• Criminal knowledge and response to law enforcement/regulations
• Use of internet (i.e., encryption, payment systems, online banking)
• Identity fraud – use of false identification
• Use of non-domestic bank accounts
• Wire transfers
• Fake domains

Lessons Learned

The FBI emphasized the importance of keeping software and antivirus programs up-to-date to prevent cyber attacks. The agency also recommended using platforms that require multiple levels of authentication when sending money and being wary of strange or unusual behavior on computers.

Collaborative Efforts

In a separate case, the FBI collaborated with local authorities to investigate an insider trading scheme involving a Cayman bank and a non-profit organization. The investigation revealed that the director of the organization had embezzled over $300,000 from his employer by using his position of trust to conceal his criminal activity.

Red Flags

• Client trading in a security he had material connections to, and was a previous ‘Insider’ of
• Concentrated trading activity over a short period of time
• Major announcement following the concentrated trading activity

Ongoing Efforts

The FBI’s cybersecurity team continues to work with international authorities to combat cyber fraud and corruption. The agency urges individuals and businesses to remain vigilant against online threats and report any suspicious activity to the authorities.