no surprise
A student at the University of Miami has reportedly been charged with hacking a multi-national shipping, receiving, and supply chain management company and carrying out a nationwide scheme.
Matthew Frederic Bergwall, 21, allegedly gained unauthorized access to compromised employee accounts of a supply chain management company. Though many of the details about the case have been revealed through an indictment, the name of the company has not been identified, according to WOFL.
It appears Bergwall did not act alone, either. He and his accomplices reportedly used the compromised employee accounts to enter fake tracking information for items moved by the company on behalf of retailers across the country. As a result, this allowed those Bergwall worked with to get full refunds for items that they never returned.
Bergwall and those who worked with him offered a service, marketed as "FTID," which ultimately resulted in almost 10,000 fraudulent returns on items that were valued around $3.5 million.
mam98031
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