Hacker Sentenced to 21 Months in Prison for $15 Million Scheme

Advertisement
By Reuters | Updated: 25 October 2014 10:49 IST
Hacker Sentenced to 21 Months in Prison for $15 Million Scheme

A Massachusetts man was sentenced to 21 months in prison on Friday for his role in a cybercrime scheme that hacked accounts at banks, brokerage firms and government agencies in an attempt to steal more than $15 million, U.S. prosecutors said.

Robert Dubuc, 41, pleaded guilty to wire fraud conspiracy, conspiracy to commit access device fraud and identity theft in federal court in New Jersey in April. U.S. District Judge Peter Sheridan in Trenton imposed the sentence on Friday.

A co-defendant, Oleg Pidtergerya, pleaded guilty to the same charges and is scheduled for sentencing in December.

Prosecutors said the two men were members of an international cybercrime ring led by Oleksiy Sharapka and Leonid Yanovitsky of Kiev, Ukraine, who have also been indicted but remain at large.

Advertisement

(Also See: US Government Probes Medical Devices for Possible Cyber-Security Flaws)

The group hacked into accounts in 2012 and 2013 at global banks and other institutions, including Citigroup Inc, JPMorgan Chase & Co, the U.S. Department of Defense, PayPal and others, and diverted funds into accounts and debit cards they controlled, prosecutors said.

Advertisement

The group then used "cash out" crews to tap the stolen funds by withdrawing cash from ATMS and making fraudulent purchases, according to prosecutors. Dubuc operated a crew out of Massachusetts, while Pidtergerya led a crew in New York, the government said.

Eight individuals have been charged in the case.

© Thomson Reuters 2014

 

For the latest tech news and reviews, follow Gadgets 360 on X, Facebook, WhatsApp, Threads and Google News. For the latest videos on gadgets and tech, subscribe to our YouTube channel. If you want to know everything about top influencers, follow our in-house Who'sThat360 on Instagram and YouTube.

Advertisement

Related Stories

Popular Mobile Brands
  1. Nothing Phone 3 to Be Equipped With the Snapdragon 8s Gen 4 SoC
  2. OnePlus Nord 5 and Nord CE 5 Colour Options, Key Features Leaked
  3. Samsung Galaxy M36 5G to Launch in India Soon; Design, Price Range Teased
  4. Poco F7 5G to Launch in India and Global Markets on This Date
  5. Trump Mobile T1 Phone With 5,000mAh Battery Announced; See Price, Features
  6. Samsung Galaxy S25 Ultra Price in India Discounted for a Limited Time
  7. Google Pixel 10 Series May Get a Tele-Macro Camera: All Details
  8. Apple Said to Launch Watch Ultra 3 and Watch Series 11 This Year
  9. Sony Bravia 8 II QD-OLED TV Series Launched in India: See Price, Features
  1. Nintendo Direct Livestream Featuring Donkey Kong Bananza Announced for June 18
  2. Amazfit Active 2 Square Debuts With 1.75-Inch AMOLED Display and Up to 10 Days Battery Life
  3. Samsung’s Exynos 2500 SoC Confirmed to Feature Satellite Connectivity Ahead of Galaxy Z Flip 7 Launch
  4. Nothing Phone 3 Confirmed to Come With Snapdragon 8s Gen 4 SoC Ahead of July 1 Launch
  5. Samsung Galaxy M36 5G India Launch Teased; Rear Design and Price Range Revealed
  6. Reddit Unveils Reddit Community Intelligence, Its Suite of AI-Powered Ad Tools for Enterprises
  7. Sony Bravia 8 II QD-OLED TV Series With Acoustic Surface+ Audio, Studio Calibrated Mode Launched in India
  8. Asus Unveils Refreshed Vivobook S16, S16 OLED Laptops in India Alongside Vivobook S14: Price, Features
  9. Apple Watch Ultra 3 Said to Launch This Year; Product Roadmap for Next Three Years Leaked
  10. Google Unveils India-Focused Safety Charter, Shares How It Is Using AI to Combat Online Frauds and Scams
Gadgets 360 is available in
Download Our Apps
Available in Hindi
© Copyright Red Pixels Ventures Limited 2025. All rights reserved.