Alleged Russian cybercriminal extradited to US following five-year manhunt

An alleged Russian cybercriminal has been extradited from Switzerland to the US to face charges of credit card fraud, computer hacking and stockmarket manipulation.

Be the first to comment

Alleged Russian cybercriminal extradited to US following five-year manhunt

Editorial

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community.

Vladimir Zdorovenin and his son, Kirill Zdorovenin were indicted in May 2007 on nine charges relating to conspiracy, mail fraud, wire fraud, computer fraud, aggravated identity theft, and securities fraud.

Vladimir Zdorovenin was arrested in Zurich in March last year and arrived in New York yesterday following his extradition by Swiss authorities. He faces a maximum sentence of 142 years in prison if found guilty. His son remains at large.

FBI assistant director in charge of the case Janice Fedarcyk states: "Mr. Zdorovenin's egregious behavior illustrated the true colors of the cyber underground, as he and his son allegedly defrauded consumers of hundreds of thousands of dollars using methods that included compromised credit cards, all fronted through fictitious companies they had created. In addition, Zdorovenin allegedly installed malware to access victims' brokerage accounts, trading victims' securities and manipulating the price of stocks Zdorovenin already owned."

She adds: "This should serve as a stark reminder to anyone who believes he can commit cyber crime and hide behind the safety and anonymity of a Russian IP address; you are not beyond the reach of the FBI."

Sponsored [Webinar] Solving the KYC challenge with end-to-end processes

Related Company

Keywords

Comments: (0)

[Webinar] Winning Payment Strategies for High-Opportunity IndustriesFinextra Promoted[Webinar] Winning Payment Strategies for High-Opportunity Industries