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Attacks/Breaches

4/12/2019
02:00 PM
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Romanians Convicted in Cybertheft Scheme

Working out of Bucharest since 2007, a pair of criminals infected and controlled more than 400,000 individual computers, mostly in the US.

Two Romanian men have been convicted of conspiracy to commit wire fraud, conspiracy to traffic in counterfeit service marks, aggravated identity theft, conspiracy to commit money laundering, and 12 counts each of wire fraud.

The convictions were in association with a scheme to infect victims' computers with malware, then steal credit card and other information to sell on dark market websites, mine cryptocurrency, and engage in online auction fraud. According to court documents, Bogdan Nicolescu and Radu Miclaus, along with a third co-conspirator who has pled guilty, operated their scheme from Bucharest beginning in 2007. The defendants ultimately infected and controlled more than 400,000 individual computers, primarily in the United States.

Nicolescu, Miclaus, and their co-conspirator earned money from their victims by selling credentials on the Dark Web, advertising fraud using email accounts created in the victims' names, cryptocurrency mining, and stealing money and cryptocurrency through credit card fraud.

Sentencing is scheduled for August 24 in the Northern District of Ohio.

Read more here.

 

 

 

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RyanSepe
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RyanSepe,
User Rank: Ninja
4/15/2019 | 10:18:42 AM
Sentencing
If your crime takes place in country A but you are a citizen of country B where is time served? Does it depend on extradition laws?
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