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Google And Facebook Became Victims of $100 Mn Payment Scam
Major internet giants Google and Facebook became victims of nearly $100 million payment scam. Phishing scammers targeted the employees of these two tech giants eventually making them their prey.
A European based fraud Evaldas Rimasauskas was arrested recently for duping employees of Facebook and Google. In March, a story was out that a Lithuanian man was arrested on being charged for an email phishing scam against two US-based technology companies, by then, the names of the companies weren’t disclosed by them.
Two days back, reports were out that the companies were none other than Google and Facebook. And there are also proofs that the companies transferred almost $100 million to the conman’s account.
This is how the companies got tricked
This 48-year-old Evaldas managed to establish a company and named his company same as that of Asian Computer manufacturer company. He then sent out phishing emails to the employees of Google as well as Facebook. He intelligently targetted only those people who transfer money from their companies to their vendors. Without a second thought, the employees started transferring the money thinking they are actually sending out to their vendors.
Once he received all the money from the two companies, he started to wire the cash to multiple accounts all over the globe. It was actually very simple for Evaldas to mask his fraud as he managed to forged invoices, contracts, and letters signed by executives of these two internet giants.
Evaldas Rimasauskas was charged with one count of identity theft and three counts of money laundering. He is sentenced to prison for 20 years and also an additional 2 years with charges of identity theft.
It is actually hard to imagine that these major technology giants like Google and Facebook had fallen prey to this individual.
OpenAI’s introduction of trusted contact safeguards for potential self-harm cases reflects a major evolution in AI responsibility.
Beyond Moderation
AI safety is shifting from simply blocking harmful content to actively supporting user wellbeing through:
- early risk detection
- human-centered intervention
- stronger emotional safety frameworks
This positions AI as more than an information tool—it becomes part of broader digital support systems.
Key Industry Impact
Trusted contact models could influence future safety standards across:
- AI assistants
- mental health platforms
- social media
- digital health services
The Bigger Challenge
While promising, success depends on balancing:
- privacy
- consent
- ethical intervention
- user trust
Final Take
This move signals that the future of AI safety may rely not just on preventing harmful responses, but on building more responsible, human-connected support systems.
Rozana, India’s leading rural retail platform, has secured ₹290 crore ($35 million) in a Series B funding round led by Bertelsmann India Investments (BII), with participation from Omidyar Network India, Vivid Capital, and Tana Investment Holding. This Rozana funding brings its total capital to over ₹500 crore, fueling hyperlocal expansion in underserved rural markets. Founded in 2021 by brothers Prashant and Prateek Chauhan, the startup’s phygital model blends micro-stores, app-based ordering, and last-mile delivery to connect 5 million+ users in 12 states with brands like ITC and HUL.
The ₹290 crore investment will supercharge Rozana’s rural omnichannel retail strategy, targeting 5x growth in 18 months. Plans include adding 5,000 micro-stores in Uttar Pradesh, Bihar, and Rajasthan; AI-powered inventory tech; and new categories like groceries and electronics. By empowering 20,000+ rural micro-entrepreneurs, Rozana taps into India’s $700 billion rural retail boom, where smartphone penetration and UPI drive 12% annual growth.
This Rozana Series B milestone positions it as a frontrunner against rivals like Ninjacart, eyeing unicorn status by 2028 amid ONDC tailwinds. CEO Prashant Chauhan emphasized, “We’re building rural prosperity through accessible premium brands.” For more on Rozana funding news and rural retail trends, stay updated on India’s startup ecosystem.
Peak XV Partners has launched three new funds totaling $1.3 billion, targeting India’s booming startup ecosystem. The lineup features the $600M Surge fund (8th edition) for early-stage ventures, a $300M Growth Fund for Series B+ scaling, and a $400M Acceleration Fund for rapid portfolio expansion. This commitment arrives as India’s VC inflows rebound, with AI and fintech leading 2026 trends.
These funds build on Peak XV’s legacy of backing unicorns like Zomato and Pine Labs, offering founders capital plus strategic guidance amid post-winter recovery. Early-stage deals surged 20% last year per Tracxn, positioning Peak XV to fuel the next wave of innovation in SaaS, climate tech, and consumer plays.
For startups eyeing Peak XV new funds or Surge fund 2026 applications, this signals prime opportunities. Investors and marketers should watch for deployment updates India remains a global VC hotspot.
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