Tag: wire fraud
12 articles
Ransom Cartel creator gets 16 years for cybercrime scheme
A 40-year-old Belarusian cybercriminal has been sentenced to 16 years in prison for masterminding a massive ransomware scheme that targeted at least 18 companies and attempted to extort a staggering $5.2 million. The defendant, who pleaded guilty to conspiracy and identity theft charges, was a longtime fixture on Russian-speaking cybercrime forums before his arrest and extradition.
Ransom Cartel Creator Sentenced to 16 Years for Global Cyberattacks
Meet Maksim Silnikau, the mastermind behind the notorious Ransom Cartel, who's now facing 16 years behind bars for masterminding a global cyberattack spree that targeted at least 18 companies and raked in millions for him. The US Department of Justice brought him to justice, sentencing him for conspiracy, wire fraud, and identity theft.
Ghanaian National Jailed for Stealing $10M in Romance Scams
Meet Derrick Van Yeboah, a 41-year-old Ghanaian national who was sentenced to nearly 7 years in prison for masterminding romance scams that swindled $10 million from unsuspecting victims, leaving a trail of heartbreak and financial ruin in his wake. As a "sakawa boy," Van Yeboah expertly impersonated romantic partners online, exploiting trust and vulnerability with devastating consequences.
Elder Data Trafficker Draws 10-Year Sentence
A massive data scam that compromised the personal info of over 7 million elderly Americans has landed its mastermind, 57-year-old Troy Murray, a 10-year prison sentence - a major victory in the fight against these heartless crimes. Murray, who went by the alias "Steve Dixon," was found guilty of running a scheme that sold sensitive data, including names, phone numbers, and addresses, to overseas scammers.
Google Engineer Charged with Insider Trading Using Company Data
A Google engineer, Michele Spagnuolo, has been charged with insider trading in the Southern District of New York for allegedly using company data to make lucrative bets on a cryptocurrency-based prediction market. He faces serious penalties, including up to 10 years in prison for commodities fraud and 20 years for wire fraud and money laundering.
Latvian Hacker Sentenced for Role in Former Conti Leaders' Ransomware Extortion Scheme
A Latvian hacker has been sentenced to 8.5 years in federal prison for his role in a massive ransomware extortion scheme that targeted over 54 companies, causing hundreds of millions of dollars in losses. Deniss Zolotarjovs, 35, helped former Conti leaders extort payments from victims over a two-year period.
US Charges Scattered Spider Hacker with Extortion, Cyber Intrusion
A 19-year-old hacker, known online as "Bouquet," has been arrested in Finland and charged in the US with extortion and cyber intrusion as a key player in the notorious Scattered Spider hacking collective. The dual US and Estonian citizen was caught at Helsinki airport while trying to flee to Japan.
US Charges Chinese Nationals in Myanmar Scam Compounds
The US has charged two Chinese nationals, Jiang Wen Jie and Huang Xingshang, with running forced-labor scam compounds in Myanmar that targeted Americans to the tune of at least $7.2 billion in 2025. Authorities have also seized over 503 domains used to perpetrate the fraud, dealing a significant blow to the scam operations.
Scotland Hacker Pleads Guilty in Scattered Spider Cybercrime Case
Meet Tyler Robert Buchanan, the 24-year-old mastermind behind the notorious Scattered Spider cybercrime gang, who has pleaded guilty to federal charges of conspiracy and identity theft. With a potential 22-year prison sentence looming, Buchanan's guilty plea marks a major win for law enforcement in the fight against cybercrime.
Scattered Spider Member Pleads Guilty to $8 Million Crypto Heist
A 24-year-old British hacker, Tyler Robert Buchanan, has pleaded guilty to masterminding an $8 million crypto heist as part of the notorious Scattered Spider cybercrime group. His downfall began with a trail of seemingly harmless text messages that ultimately led to his guilty plea.
British Hacker Pleads Guilty to Crypto Theft Charges
A British hacker, allegedly the mastermind behind the notorious Scattered Spider cybercrime collective, has pleaded guilty to wire fraud and aggravated identity theft charges in a US court, dealing a significant blow to the shadowy network. This guilty plea marks a major win for law enforcement and raises important questions about the future of cybercrime and online security.
Scattered Spider Operative Pleads Guilty to US Federal Charges
In a major breakthrough, Tyler Robert Buchanan, a senior figure in the notorious Scattered Spider cybercrime group, has pleaded guilty to federal charges, bringing an end to his digital crime spree. Buchanan admitted to conspiracy to commit wire fraud and aggravated identity theft in a US federal district court.