The global governing body of cricket, the International Cricket Council (ICC), reportedly lost nearly $2.5 million in online scam 2022. The incident of phishing, which originated in the US, took place last year (2022).
* The ICC was repeatedly cheated by the scamster not once, not twice, but four times. Surprisingly, the authorities at the ICC's Dubai office did not have a clue that they were being cheated until Thursday (19th Jan 2023).
* It is reported that the scamster from the US acted as a vendor of the ICC and emailed the cricket body's CFO for a payment from an email id that was apparently similar to the ICC.
* The loss of
$2.5 million is significant, as it is equivalent to four times the grant an Associate member with ODI status earns every year from the ICC. An ICC associate nation
earns $500,000 to
$1 million per year from ICC grants...
Source : Economic Times