Three men have been indicted for fraud in the US over accusations they used customised Trojan horse malware to plunder online banking and brokerage accounts.

Alexander Bobnev, of Volgograd in Russia, allegedly masterminded the scam and conspired with others in Russia to create the malware. Two naturalised US citizens Aleksey Volynskiy, of Manhattan, and Alexey Mineev from Hampton, New Hampshire, allegedly handled the US end of the scam, establishing local accounts into which money could be transferred before forwarding a percentage of the illicit earnings over to Russia, according to recent indictments (PDF and PDF).

The Three men are each charged with fraud. Volynskiy faces additional charges of conspiring to create counterfeit credit cards, Wired reports. ®

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