Justice Dept makes arrests in North Korean identity theft scheme involving thousands of IT workers

FILE - The seal for the Justice Department is photographed in Washington, Nov. 18, 2022. WASHINGTON — The Justice Department on Thursday announced the arrests of three people in a complex stolen identity scheme that officials say generates enormous proceeds for the North Korea n government, including for its weapons program.

Officials say the fraud is a way for heavily sanctioned North Korea, which is cut off from the U.S. financial system, to take advantage of a high-tech labor shortage in the U.S. and the proliferation of remote telework. The Justice Department says the conspiracy has affected more than 300 companies — including a high-end retail chain and “premier Silicon Valley technology company” — and generated more than $6.8 million in revenue for the workers, who are based outside of the U.S., including in China and Russia.

Source: Law Daily Report (lawdailyreport.net)

General News F Business Theft Politics North Korea World News Workplace Culture Washington News W Corporate Crime Telecommuting Fraud Technology World News

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