Email phishing is an old scam but an effective one, Do remember the popular Nigerian Prince scams? This schemes have taken a dangerous global scale turn. FBI have made a big catch recently.

The FBI has dismantled a global phishing ring and recovered more than $16 million in a crackdown on fraudulent email schemes. A total of 74 people were arrested across a number of territories, including the U.S. and Nigeria, with most of those arrested accused of taking part in a “business email compromise” scam.
It’s one of the most enduring social engineering attacks in the digital world and is said by some authorities to have led to the loss of more than $3.7 billion since the Internet Crime Complaint Center began tracking it, as per Ars Technica. That said, the FBI and Department of Justice have struck a blow to its global reach with this latest string of arrests.
In the U.S. 42 people were arrested, with a further 29 detained in Nigeria. Arrests were also made in Canada, Mauritius, and Poland, with all of those arrested involved in the phishing scam in some capacity. Reportedly........

Kindly Read more about this kind of crime..... http://infocontemporary.com/2018/06/13/fbi-shuts-down-16-million-email-phishing-ring-in-nigeria-and-the-us/