Hackers Steal Millions From Mexican Banks In Transfer Heist (reuters.com)

happyfeet2000 shares a report from Reuters: Thieves siphoned hundreds of millions of pesos out of Mexican banks, including No. 2 Banorte, by creating phantom orders that wired funds to bogus accounts and promptly withdrew the money, two sources close to the government's investigation said. Hackers sent hundreds of false orders to move amounts ranging from tens of thousands to hundreds of thousands of pesos from banks including Banorte, to fake accounts in other banks, the sources said, and accomplices then emptied the accounts in cash withdrawals in dozens of branch offices. The total amount is estimated to be as much as $20 million (~400 million pesos).

Comments

Re:Actually, about $200MM USD if 400MM pesos.....

[ClickOnThis]

You missed a decimal point. The current exchange on a Mexican peso is USD$0.05080.

https://www.investing.com/curr...