Riot Games’ Millionaire Founder Defrauded In $5 Million Amazon Cloud Cryptocurrency Mining Scam, DOJ Says

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Riot Games’ Millionaire Founder Defrauded In $5 Million Amazon Cloud Cryptocurrency Mining Scam, DOJ Says
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Multimillionaire Marc Merrill had his Amex details stolen and abused to acquire Amazon and Google cloud power for cryptocurrency mining fraud, a government court filing uncovered by Forbes shows

, in various ways, as per a search warrant for the accused’s Facebook account. He’d created a fake Californian driving license that carried Merrill’s name and used an email address that appeared to be a legitimate Gmail for the Riot Games co-chairman, according to the court filing. For further “proof” of identity, he presented Amazon with one of Merrill’s real home addresses, the feds said.

Because Merrill was an established Amazon customer, Ho was given “access to substantially elevated levels of cloud computer services,” investigators wrote, though they didn’t disclose exactly what those priveleges were. Ho used the same Gmail address to contact Google and sign up to its cloud services, which he would again use for mining cryptocurrency, according to the search warrant. A total of 16 separate payments were made by the fraudster to Google on Merrill’s Amex card, which he shared with his wife, authorities said, charging a total of $240,000. But “nearly all” of that was returned to the account or declined by the issuing bank.Once he’d mined cryptocurrency, Ho sold it on localbitcoins.net.

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