Man Arrested in $7 Million Fraud Scheme Linked to Cyberattack

by Ryan Yousefi June 15, 2025

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Man Arrested in $7 Million Fraud Scheme Linked to Cyberattack 4

Lucas Antonio Rosado {BSO}

A Lauderhill man has been arrested for his role in a multi-million-dollar cyber fraud scheme targeting an Iowa-based tire company, resulting in over $7 million in losses.

According to a Lauderhill Police Department report, Lucas Antonio Rosado, 20, was taken into custody on June 9 and charged with first-degree grand theft and money laundering following an investigation conducted by the Lauderhill Police Department in cooperation with federal authorities.

Records show the investigation began in late April when officers were sent to Rosado’s home on Northwest 86th Avenue after receiving reports of an altercation involving multiple individuals fighting over a package allegedly containing a check.

Witnesses told police that two men followed a FedEx delivery truck to the residence, confronted Rosado and his family, and attempted to take possession of the package. One of the suspects reportedly pulled out a handgun during the confrontation before fleeing the scene.

When investigators questioned Rosado about the check, he became defensive and refused to explain how he became the payee of a check for $49,526.00. Subpoenas to Discover Bank and FedEx uncovered that Rosado had received the check as part of a larger fraudulent scheme that originated from the hacking of Eastern Iowa Tire, Inc., a multi-location business based in Davenport, Iowa.

According to investigators, cybercriminals hacked Eastern Iowa Tire’s TBK Bank accounts in April 2025, initiating nearly 300 fraudulent bank transfers totaling over $7.3 million to various accounts, one of which belonged to Rosado.

Showing the depth of the scheme, hackers reportedly manipulated the company’s email notifications to prevent the business from receiving real-time alerts of the transactions.

Rosado allegedly deposited the funds into his Discover Bank account, which were later transferred into his JP Morgan Chase Bank account in an attempt to conceal the source of the money.

Investigators say Rosado eventually admitted to receiving the stolen funds but claimed he was unaware they were obtained as part of the larger scheme.

The scheme remains under federal investigation by the FBI’s Omaha Field Office in coordination with local authorities.

Rosado was booked into the Broward County Main Jail and is being held without bond.

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Ryan Yousefi

Ryan Yousefi has lived in Coral Springs for over 30 years. He has worked as a writer for multiples outlets over the years, including the Miami New Times where he has covered sports and culture since 2013. He holds a Bachelor's Degree and a Master's Degree in Business Healthcare Management from Western Governors University.