231homebuyers who couldn't stop a fraudulent wire in time
231 of more than 400 people targeted by one business email compromise ring couldn't reverse their wires in time, losing $19,599,969 combined.
The ring's operator, Babatunde Ayeni, was sentenced to 10 years in federal prison; two co-conspirators remain at large outside the United States.
Source: Fox10 (WALA-TV, Mobile, Alabama). Read more: real estate closing wire fraud · case file