Wu Shuo has learned that the U.S. Northern District of Ohio Federal Prosecutor's Office reported that 25 defendants have been convicted of participating in an international "Business Email Compromise" (BEC) and money laundering scheme.

The gang gained business communication information by hacking emails and sent forged payment instructions to defraud funds.
Over 1,000 victims across 47 states in the United States and 19 countries, with involved amounts totaling approximately $215 million;
The proceeds were laundered through fake bank accounts, cash transfer systems, and cryptocurrencies, among other channels.
Approximately $50 million was processed through checks and money service businesses, with some assets including cash, crypto assets, and high-value items seized or confiscated.