Lithuanian job: Fraud Investigation in Latvia

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International fraud

Fraud in Latvia by Lithuanian citizen

Man arraigned for $100M Google and Facebook scam.

Fraud Investigation in Latvia | Lithuania perpetrated by a lithuanian citizen. Evaldas Rimasauskas of Lithuania set up a company in Latvia, in the city of Daugavpils, registered company to a residential address, naming it after an Asian computer hardware company with which the two internet giants have accounts.  Rimasauskas then allegedly sent out phishing emails to Google and Facebook, who regularly had multimillion-dollar deals with the Asian company, saying they owed the fake company money. Other sources say these messages – phishing emails i.e. sent from false, but believable looking addresses contained instructions to pay for the supply of  Quanta Computer Inc to accounts already owned by the Latvian company Quanta Computer Inc SIA in Latvian and Cypriot banks.

Already at this stage a simple background check in Latvia and Lithuania might have identified the strong red flag pattern. We always suggest conducting due diligence or a background check before major transactions. Vendor background check | procurement review | investigation in Latvia | Lithuania | Estonia |Greece | Romania | Belarus | Ukraine cost reasonable money but may be very useful in the decision making process.

Background check with on site visit | corporate analysis | risk assessment | red flags identification |  conducted by professional investigators and fraud prevention specialists could have been a much easier solution in this case. Frankly, re-reading the article from various media including US Justice Department and local Latvian and Lithuania media makes us wonder, why no procurement review | why no KYC | why no check your vendor | why no common sense. The answer may be very simple: lack of communication, irresponsible attitude towards job duties and maybe even natural indifference – we call it Ostrich Approach.

When the money arrived in the bogus accounts, Rimasauskas dispersed the funds to other accounts in Latvia, Cyprus, Slovakia, Lithuania, Hungary and Hong Kong, prosecutors said. This went on for two years from 2013 to 2015 and Rimasauskas made $100 million in the process, prosecutors allege.

“At his arraignment Rimasauskas said through a Russian interpreter, “I am not guilty your honor,” but he did not seek bail and will remain in federal custody”.

In the result of  investigation, the 48-year-old is charged with wire fraud, money laundering and aggravated identity theft and faces up to 42 years in prison if convicted on all charges.

Outside of court Rimasauskas’ lawyer, Robert Peabody said, “We will follow the procedural run of the case and make sure he gets a good defense.”

A spokes man for Google said, “We detected this fraud against our vendor management team and promptly alerted the authorities. We recouped the funds and we’re pleased this matter is resolved.” Reps at Facebook declined to comment but they had previously stated they too had recovered the majority of the stolen funds.

Reference: www.nypost.com  www.theguardian.com  www.lsm.lv

Related services: background check | due diligence | risk assessment

 

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Stag Party Security Estonia | Latvia | Lithuania

#6 Stag Party

Baltic Security provides Stag Party Security in Latvia | Lithuania | Estonia | Romania | Ukraine | Hungary. The key points in the stag party safety in Latvia  are taxi charges | b-girls . Often taxi charges x10 times the regular rate. If the client start to hustle the taxi driver, his friends appears from nowhere and a police is being called on the scene. Moreover, we have seen cases that if not our presence the stag party from 10 people might have ended with the very negative sequences.

Stag Party safety in Estonia is especially recommended for the clients not from Northern Europe. Since Tallin is a very popular destination for the guests – stag party guests from Finland and from St. Petersburg, Russia. Very hot combination!

Stag Party safety | VIP Security in Lithuania is offered by Baltic Security. Our private clients are very thankful for the quality of the VIP treatment | Car Service | Mobile response team |not withstanding that dress code of  Vilnius, Lithuania  night clubs may not allow to enter even the VIP.

STAG PARTY SERVICE:  CASE OF LOST – NOT RESPONDING TOURIST IN ESTONIA.

After a nice night out with good food and plenty of alcohol the individual got lost from his friends that were visiting Tallinn, Estonia. Friends got alerted the morning after. Mr. Joe Doe (fictional name) had his cell phone off, did not show up at the hotel, did not make any arrangements, missed the departure. Friends contacted BALTIC SECURITY and we  have initiated an alert thru our well established sources. Within few hours, we got a positive ID of the lost individual, last seen in one of the night clubs, flashing some cash. We received leads on the further investigative events. Luckily, the guest found the way to confirm the well being.

Please note: for the groups of 4+ guests we operate only with an additional VIP Security officer. Baltic Security does not cooperate with any bars, strip clubs or nightclubs. We leave this option to the client, however, dress code and proper behaviour is a must. Even our strong connections will not let the clients to violate the normal internal rules of the establishment.

 

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Medical Insurance Fraud Investigation

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Case study # 2. Medical insurance fraud Investigation

The key point is universal -  to defraud the insurance company and hide back home.

Medical Insurance fraud investigation in Latvia | Lithuania | Estonia | Hungary | Greece |Worldwide

“From our experience in international Insurance Fraud investigations, the key point is universal –  to defraud the insurance company and settle back home for a while” – Baltic Security.

Baltic Security investigates full scope of insurance fraud in Latvia | Lithuania | Estonia. Medical fraud | Vehicle Accident fraud | Workplace injury fraud | Car theft fraud | Arson fraud are among the most popular insurance fraud investigations we have encountered.

“Not every accident is a fraud, but every insurance fraud is an accident”  – Baltic Security. 

Example of Medical Insurance Fraud Investigation in Latvia: Client – Investigative Company from the UK asked Baltic Security for assistance in unclear insurance investigation in Latvia and Lithuania. The objective was to trace the location and provide surveillance of the individual that was suspected to perpetrate a multimillion $ medical insurance fraud in the UK.  Our detectives conducted a background check with source inquiries. Shortly, the individual was allocated and assistance our fraud investigative team with physical surveillance was ordered.

Soon after Baltic Security surveillance unit arrived, a male with similar but not easily recognizable appearance was detected exiting the apartment building. Male was happily walking around and playing with the pet. Notwithstanding the insurance claim of total immobility, the subject’s behavior was different from the anticipation.  Further pieces of evidence of normal physical activity were detected and submitted to the client for further realization.

This case shortly describes a common usage of private investigators in Latvia | Lithuania | Estonia | UK | USA and around the world. Often, the cases are more complex and require in-depth information gathering with the visits to multiple locations. In such complex cases, it is important to follow the correct algorithm in order not to jeopardize the whole operation.

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Vehicle accident insurance fraud

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Case study # 3. Vehicle accident insurance fraud  investigation

Baltic Security assisted the client from Ireland to conduct the insurance fraud investigation in Lithuania. The claim was rather standard: after the accident in the Ireland with the hired car, claimant lost physical abilities and sustained serious health injuries.

We have conducted background check and allocation of the individual who has moved back to Lithuania. Further, we have traced the driving records of the suspect. It was established that not only in the UK the suspect had more than average accidents but also had very constant records of accidents in Lithuania. Further, we have received the confirmation that in most accidents the victim and the suspect knew each other prior. Our findings were provided further for the client for the consideration.

Due to the massive wave of immigration to the UK, Germany, Ireland, other EU countries that followed  EU extensions and especially crisis that took place in the years 2008 – 2010 placed the grounds for insurance fraud perpetrated by the immigrants from Baltic Countries and Eastern Europe.

Western European large insurance payments became a lucrative field for organized crime groups, not to mention a lucrative venture for the migrants with the shady thoughts to bring the knowledge for the insurance fraud from Latvia | Lithuania | Estonia | Romania | Poland etc.

Baltic Security has extensive positive experience in complicated vehicle accident insurance fraud investigations Medical Insurance Fraud and other types of investigations. Baltic Security is the independent privately owned company and we always stay neutral and unbiased.

Related services:  Background check | Fraud investigations  |

 

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Bar Girls Scam in Latvia | Lithuania | Estonia

Bar girls Scam in Latvia Lithuania Estonia

Bar girls Scam in Latvia Lithuania Estonia

Bar – Girls scam aka B – Girls scam in Latvia | Estonia | Lithuania used to be a very popular scam in the recent past. The scam used to be a popular scheme for local bars and strip clubs to get some easy extra cash. In Latvia the biggest surprise was 10,000 USD for a bottle of cheap champagne. However the bar had a wrong person for the victim – it was an official from one of the embassies in Riga, Latvia…

Tallinn | Riga | Vilnius the scheme was one and the same. Nice looking young ladies with perfect English lured foreigners into the bars. After a few drinks, the unsuspected foreigner was getting a bill for several grands for a few drinks.

Bar – Girls scam was one of the main reason for Riga City Council to create a special unit within the municipal police: Riga Tourist Municipal Police.

” Riga Municipal Police has a specialised Tourist Unit, which ensures public order, as well as provides information to foreign visitors about the opportunity for assistance in case of incidents like theft, lost property and fraud. A 24-hour information Hotline +371 67181818 has been introduced for foreign nationals. Information is provided in Latvian, Russian, and English.” – rpp.riga.lv

Online source to check for video from Riga Police:  https://www.facebook.com/RigasPP

Similar is available from Tallinn and Vilnius.

Notwithstanding the general improvement of the situation in Baltics and Bar – Girls scam in Latvia | Estonia and Lithunia are stronger supervised, we advise clients to use common sense and general safety standards.

Things to watch for such: taxi drivers | use only well known companies | always make an order thru call center, Taxify or Uber. Picking up a cab from the street may turn out in charges that are  x10 times the normal rate and unnecessary issues with law enforcement or other cab drivers.

Unauthorized credit card charges | provocations from the local or not local people | public safety has always be remembered.

For the client’s convenience, we offer Safety – Driver bodyguard in Estonia | Lithuania | Latvia | Hungary | Romania | Ukraine.  Driver – bodyguard is appropriate for the stag parties or simply for the piece of mind for private visits. Mobile response team in case of emergency is a compliment hiring a Driver Bodyguard.

Related services: Close Protection

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