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Cyber-criminal Pleads Guilty to Participating in Theft of $1.2m by Employing Malware

 

Cyber-criminals continue to find it lucrative earnings by employing malware for contaminating end-users' computers and stealing money from the latter's bank accounts though this kind of cyber-crime hasn't ever proved to be an undertaking free from danger.

 

Accordingly, USA's Department of Justice cites the most recent instance of the probable incomes as well as drawbacks because of playing a role within an attack campaign using banking Trojan that occurred through 55-yr-old Vyacheslav Khaimov the person admitting before Edward R. Korman Senior District Judge of USA on 3rd February that he executed one unauthorized money-transmitting activity in connection with a $1.2m robbery against thirty or more people. Gov info security posted this, February 6, 2017.

 

As per court documents of 12th July, 2016, federal prosecutors charged Khaimov of Brooklyn, New York with taking part within an international cyber-crime operation carried out for trying to seize USD6m as well as that involves a minimum of 4 other suspects- all that escaped public identification. The documents got revealed during August 2016 following Khaimov's arrest.

 

Assistant Director of FBI, William F. Sweeney Jr., who's responsible for the agency's N.Y field office stated that the probe by the Cyber Task Force of FBI was an ongoing process and that the agency would go on investigating each-and-every co-conspirator while deal with them accordingly.

 

FBI explains that Khaimov's cyber-crime attack gained hold over victims' bank A/Cs via employing malicious software followed with transmitting the money to different persons forming a network within USA who subsequently transmitted part of the cash onto foreign A/Cs.

 

As per DOJ, Khaimov had association with twenty wire-transfers made out of victims' accounts, even as the department states he acquired $230K during July 2015-May 2016. Prosecutors stated that Khaimov owned A/Cs established both in his firm, Global Universal's name and his own.

 

The accusations against Khaimov included wire fraud, bank fraud, conniving towards carrying out both kinds of deception, conniving towards carrying out money laundering and committing money laundering.

 

However, Khaimov's guilty plea is only for a single, lesser crime about operating one unauthorized money-transmitting operation, which may get him fined and also jail for 5-yrs.

» SPAMfighter News - 09-02-2017

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