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This Guy Stole $120M From Google & Meta (& Nearly Got Away) | Logically Answered


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This Guy Stole $120M From Google & Meta (& Nearly Got Away)

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We usually think of companies like Google and Meta as some of the most secure and advanced platforms on the market. They hire the absolute best talent on the market and pay exorbitant salaries, so this is not surprising. What may be surprising is that a random guy from Lithuania was able to pull a quick one on Google and Meta. And this wasn’t for some small amount like $50k or $100k. Evaldas Rimasauskas was able to steal $23 million from Google and a whopping $98 million from Meta. Also, this wasn’t a onetime thing either. Evaldas was able to outsmart these tech giants for years, and if he didn’t push his luck he very well may have gotten away with it as well. But, eventually, these companies did catch on and they reported the theft to the FBI who were able to track Evaldas down to Lithuania in no time. Evaldas would end up pleading guilty and be sentenced to 5 years of jail and significant amounts of restitution. This video explains the crazy story of Evaldas Rimasauskas and how he was able to steal over a hundred million dollars from the smartest companies in the world.

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Timestamps:

0:00Stealing $120M
2:11Finding The Weak Spot
5:27Hitting The Jackpot
8:21It All Falls Down
10:49The Grand Scheme

Resources:

https://pastebin.com/m3c75bBS

Disclaimer:

This video is not a solicitation or personal financial advice. All investing involves risk. Please do your own research.
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Logically Answered is centered around explaining the economics of tech and social media. These sectors are generally analyzed through the lenses of finance and economics to determine which industries and companies will thrive and which will fall. In addition to this analysis, the content is often focused on the stories of various famous entrepreneurs such as Elon Musk, Steve Jobs, and Jeff Bezos. Logically Answered also cover the rise and fall of several interesting companies and services that we come across on a daytoday basis. There have been so many companies that have risen to fame and then died out in a single generation. The most interesting companies are the ones that were able to save themselves and avoid bankruptcy. Feel free to follow the podcast if you would like to see any of these topics Logically Answered.
Find Logically Answered on YouTube: https://www.youtube.com/@LogicallyAnswered/
Disclaimer: This podcast is an independently created audio adaptation of content originally published by Logically Answered. This is a fan made podcast that appreciates the channel’s insightful approach to knowledge and aims to make it accessible to those who prefer listening over watching. This podcast is not affiliated with, endorsed by, or officially connected to Logically Answered in any way. All rights to the original content belong to Logically Answered. If you have any concerns, please reach out.

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