A man created a fake Latvian company impersonating a legitimate tech vendor and bilked Facebook and Google for $122 million over two years using forged invoices and corporate seals. He was caught and ordered to repay $75 million, but kept the rest.
Man steals $122 million from Facebook and Google simply by sending them random bills, which they agreed to pay. So there was a company called Quanta Computer, the legit company that was a vendor for Facebook and Google. He sets up a company also called Quanta Computer, but bases it out of Latvia, just copies the same company name, and he starts making fake invoices, contracts, letters, corporate stamps, corporate seals, and he's sending these to Facebook and Google for over 2 years. And he got paid out $122 million. $98 million from Facebook and $23 million from Google. They then fined him in Latvia. He had to give back $49 million and he had to pay another, I think, $26 million in restitution. That doesn't add up to $122 million. He might have still made a bunch of money. I don't want to get him on the pod.
