Feeds

RBS megahack maestro sells flats to pay fine

Crime and punishment

3 Big data security analytics techniques

A high-profile cybercrook who masterminded the $9m RBS Worldpay ATM heist in 2008 has sold two of his St Petersburg flats to pay off his fines.

Viktor Pleshchuk received a six-year suspended sentence in September 2010. He avoided prison by agreeing to return his ill-gotten gains, a process he has continued with the sale of two swanky flats in Russia's second city.

Auction proceeds were 10 million rubles ($330,000), about 20 per cent more more than anticipated - and were transferred straight to RBS coffers. Pleshchuk also sold two cars, according to wire reports.

Pleshchuk was the prime mover behind a scam that involved hacking into WorldPay's systems and the forgery of payroll debit cards which had artificially boosted daily withdrawal limits. Mules associated with Pleshchuk's gang used the cards in Europe, the US and Asia, in overnight "cashing out" operations.

Russia's Criminal Code was altered recently so that economic criminals could avoid jail by compensating victims. The Russian Constitution explicitly excludes the deportation of Russian nationals - so a trial for Pleshchuk in the West was never on the cards. ®

3 Big data security analytics techniques

More from The Register

next story
Obama allows NSA to exploit 0-days: report
If the spooks say they need it, they get it
Samsung Galaxy S5 fingerprint scanner hacked in just 4 DAYS
Sammy's newbie cooked slower than iPhone, also costs more to build
Putin tells Snowden: Russia conducts no US-style mass surveillance
Gov't is too broke for that, Russian prez says
Snowden-inspired crypto-email service Lavaboom launches
German service pays tribute to Lavabit
Mounties always get their man: Heartbleed 'hacker', 19, CUFFED
Canadian teen accused of raiding tax computers using OpenSSL bug
One year on: diplomatic fail as Chinese APT gangs get back to work
Mandiant says past 12 months shows Beijing won't call off its hackers
Heartbleed exploit, inoculation, both released
File under 'this is going to hurt you more than it hurts me'
Reddit users discover iOS malware threat
'Unflod Baby Panda' looks to snatch Apple IDs
prev story

Whitepapers

Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Top three mobile application threats
Learn about three of the top mobile application security threats facing businesses today and recommendations on how to mitigate the risk.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.