Bloomberg involved in Net sting
Founder helped apprehend two suspected hackers
Posted in Music and Media, 15th August 2000 15:19 GMT
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Two men from Kazakhstan face extradition to the US after allegedly attempting to extort $200,000 from the Bloomberg financial news service.
Oleg Zezev, 29, and Igor Yarimika, 36, were arrested last week in London as part of a sting operation involving Bloomberg founder Michael Bloomberg.
The men allegedly attempted to obtain money with menaces after they contacted Bloomberg earlier this year saying they had accessed its computer system.
They agreed to meet Bloomberg last Thursday in London but were arrested by police officers instead.
The pair appeared before Bow Street magistrates on Friday and remanded in custody until 18 August.
The defendants reportedly said they were merely trying to get paid for exposing a security loophole in Bloomberg's system. ®

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