money laundering
Ukrainian Gets 9 Years in Prison for Trying to Steal $10M from Microsoft
A Ukrainian citizen received a nine-year prison sentence for a scheme in which he tried to steal $10 million from Microsoft. On November 9, the U.S. District Court in Seattle handed down ...
Trickbot on the Ropes Part 2: The QQAAZZ Money Laundering Ring
While shutting down the technical aspects of malware is critical (see Trickbot on the Ropes Part 1), the real disincentive to the criminals is when you hit them hard in the money. ...
Bitcoin Exchange Owner Convicted for Role in Web Auction Fraud Scheme
A federal jury convicted the owner of a bitcoin exchange for his role in a multi-million dollar scheme involving online auction fraud. On September 28, a federal jury in Frankfort, Kentucky found ...
The FINCEN Files Leakage
This week began with the International Consortium of Investigative Journalists (ICIJ) providing a view and analysis into thousands of financial transactions contained within Suspicious Activity Reports (SARs) that were leaked from with ...
San Diego Resident Receives 46 Months after Pleading Guilty to Million-Dollar Scam Involving the Stolen Identities of Military Members
A 32-year old California man was sentenced to 46 months in federal prison after pleading guilty to a million-dollar scheme involving stolen identities of United States service members and veterans. During his ...
Hushpuppi and Mr.Woodbery, BEC scammers: Welcome to Chicago!
There are quite a few West African scammers who try to explain away their wealth by claiming they are a "bitcoin entrepreneur" or "real estate investor" when in fact they conduct Business ...
U.S. Government offers $5 million bounty for information on North Korean cyber criminals
Yesterday, the U.S. Departments of State, Treasury, Homeland Security, and FBI released a joint report offering guidance on the emerging North Korean (previously known as DPRK) cyber threat, and highlighting the malicious ...
Don’t become another money mule, FBI warns
The hidden dangers of the digital world are slowly becoming clear, revealing more than the traditional phishing email or malware attack. Bad actors are not just after our personal or financial information, ...
Europol and Singapore Police arrest suspect behind €6 million Coronavirus money laundering scheme
As the cybercrime landscape continues to expand amid the Coronavirus pandemic, governments around the world have joined forces to fight the rising criminal activity. In a press release from April 6, Europol ...
Air Peace CEO charged with millions in money laundering re-buying planes he already owns
The Department of Justice announced last week that they were indicting the CEO of Air Peace for bank fraud and money laundering. I had some difficulty finding the indictments for this case ...
