Russian national pleads guilty to cyber fraud in US court
MOSCOW, March 10 (RAPSI) – Russian national accused of buying and using stolen online information in the United States, Alexander Svetlichnyy, pleaded guilty to wire fraud conspiracy on Monday, the United States Department of Justice’s press-release reads.
According to the Department of Justice, Svetlichnyy, 32, known by the online nickname “Joga”, is a Russian citizen living in Tewksbury, Mass. who has acquired more than $400,000 by purchasing and exploiting credit and debit card data hosted on various online forums dedicated to illegal trafficking of stolen information.
Svetlichnyy and his co-conspirators used the stolen data to buy consumer goods including smartphones, Apple iPads, computers and other things, the Department of Justice revealed. These goods were bought with credentials of cards’ owners but were transported to the locations controlled by criminals.
According to the press-release, the charging statute provides for a sentence of no greater than 20 years in prison, three years of supervised release, a fine of $250,000 or twice the gross gain or loss, whichever is greater, and restitution.