Feeds

Alleged Muscovite cybercrime daddy hauled in to face US court

Feds allege père et fils duo scooped $100ks using malware

Build a business case: developing custom apps

A suspected Russian cyber-crook has arrived in the US to face charges of security fraud, computer hacking and ID theft following his deportation from Switzerland.

Vladimir Zdorovenin, 54, of Moscow, Russia, is alleged to have masterminded a series of credit card theft and stock manipulation scams in conjunction with his son, Kirill Zdorovenin, who has not been apprehended.

Both were charged in May 2007, long before Zdorovenin senior was cuffed in Zurich last March. He was deported this week just before a scheduled appearance at a Manhattan federal court on Tuesday.

According to the FBI, the duo's stock in trade allegedly involved hacking into computers in order to steal credit card details and brokerage account log-ins. The pair would then allegedly run a series of complicated frauds netting hundreds of thousands of dollars. The FBI said that compromised credit account details – lifted using malware – were used to make fictitious fraudulent purchases to shell companies allegedly established by the suspects, while compromised brokerage accounts were used to purchase shares held by the pair at ramped-up (artificially inflated) prices.

The father-and-son suspects are accused of frauds which targeted US consumers and ran during 2004 and 2005, according to an FBI statement on the case.

FBI assistant director Janice K Fedarcyk explains in the statement: "Zdorovenin’s egregious behavior illustrated the true colors of the cyber underground, as he and his son allegedly defrauded consumers of hundreds of thousands of dollars using methods that included compromised credit cards, all fronted through fictitious companies they had created. In addition, Zdorovenin allegedly installed malware to access victims’ brokerage accounts, trading victims' securities and manipulating the price of stocks Zdorovenin already owned.

"This should serve as a stark reminder to anyone who believes he can commit cyber crime and hide behind the safety and anonymity of a Russian IP address; you are not beyond the reach of the FBI,” she added.

The Russian constitution specifically prohibits the extradition of its citizens, so it is fortunate for the US authorities investigating the case that Zdorovenin strayed into Switzerland. ®

Endpoint data privacy in the cloud is easier than you think

More from The Register

next story
14 antivirus apps found to have security problems
Vendors just don't care, says researcher, after finding basic boo-boos in security software
'Things' on the Internet-of-things have 25 vulnerabilities apiece
Leaking sprinklers, overheated thermostats and picked locks all online
iWallet: No BONKING PLEASE, we're Apple
BLE-ding iPhones, not NFC bonkers, will drive trend - marketeers
Multipath TCP speeds up the internet so much that security breaks
Black Hat research says proposed protocol will bork network probes, flummox firewalls
Only '3% of web servers in top corps' fully fixed after Heartbleed snafu
Just slapping a patched OpenSSL on a machine ain't going to cut it, we're told
Microsoft's Euro cloud darkens: US FEDS can dig into foreign servers
They're not emails, they're business records, says court
Plug and PREY: Hackers reprogram USB drives to silently infect PCs
BadUSB instructs gadget chips to inject key-presses, redirect net traffic and more
How long is too long to wait for a security fix?
Synology finally patches OpenSSL bugs in Trevor's NAS
prev story

Whitepapers

7 Elements of Radically Simple OS Migration
Avoid the typical headaches of OS migration during your next project by learning about 7 elements of radically simple OS migration.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
Solving today's distributed Big Data backup challenges
Enable IT efficiency and allow a firm to access and reuse corporate information for competitive advantage, ultimately changing business outcomes.
A new approach to endpoint data protection
What is the best way to ensure comprehensive visibility, management, and control of information on both company-owned and employee-owned devices?