• Forecast
  • News Tip
  • Categories
Temperature Precipitation
Estimated read time
1m 50s

European bank hackers stole $100 million, U.S. says

By Associated Press 4:45 PM June 2, 2014

Last Updated Jun 2, 2014 7:45 PM EDT

WASHINGTON – A Russian computer hacker was accused Monday of leading a worldwide conspiracy that targeted hundreds of thousands of computers with malware, enabling his group to steal more than $100 million from business and other bank accounts.

The group led by the man, Evgeniy Bogachev, infected computers with software that captured passwords and account numbers and stole millions of dollars from victims, U.S. authorities said. The members of the gang come from Russia, Ukraine and the United Kingdom.

Bogachev is not in custody, according to the U.S. attorney’s office in Pittsburgh, where charges of conspiracy, wire, bank and computer fraud, and money laundering were filed against him.

The charges, to be discussed at Justice Department news conference Monday, come weeks after officials revealed cyberespionage charges against five Chinese army hackers accused of stealing trade secrets from American firms.

The indictment against Bogachev concerns only one victim, Haysite Reinforced Plastics of Erie, in northwestern Pennsylvania. According to the indictment, the conspirators were able to steal roughly $824,000 from the company’s bank accounts on one day alone, Oct. 20, 2011.

Officials with the business did not immediately return phone calls for comment Monday. The accounts were with Pittsburgh-based PNC Bank, which declined to comment.

A related civil complaint gave other brief descriptions of victim entities including an unspecified American Indian tribe in Washington state; an insurance company and a firm that runs assisted living centers in Pennsylvania; a local police department in Massachusetts; a pest control company in North Carolina; and two Florida businesses, a restaurant and a regional bank.

The Florida bank lost nearly $7 million through an unauthorized wire transfer. The Massachusetts police department, on the other hand, lost $750 when it paid a ransom demanded by the malicious software that infected its computers.

Last week, a federal judge in Pittsburgh granted a temporary restraining order against Bogachev and the others, demanding that they cease such activities. That order was unsealed along with the charges Monday.

© 2014 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.

Latest Stories

  • Crime

    Anchorage police searching for person of interest in Penland Parkway homicide

    by KTVA CBS 11 News on May 03, 8:59

    Anchorage police are asking for the public’s help finding 40-year-old Alvin Rodriguez-Moya, who they say is a person of interest in an early-morning homicide case. APD is investigating the death of an adult male at a residence located on the 3000 block of Penland Parkway, in Airport Heights. Police were called to the residence just after […]

  • DayBreak

    Kick, push: Alaskan streetwear brand exposes Anchorage’s skateboard culture

    by Sierra Starks on May 03, 2:23

    Kicking, pushing and coasting on a skateboard is all 22-year-old Taylor Goldade thinks about. So much so, that he spends his hard-earned paychecks on two things — bills and skate gear. Goldade, who’s lived in Alaska for most of his life, happened upon skateboarding after school sports didn’t work out. There was just one problem trading […]

  • Sports

    East High girls cruise to 5-3 win over Chugiak; boys tie 1-1

    by KTVA Sports on May 03, 1:35

    The East Anchorage High School girls soccer team let loose against the Chugiak Mustangs Saturday morning, scoring three goals in the first half and going on to win, 5-3. The boys team could not produce as much offense, tying Chugiak, 1-1. Mickey Victor and Olivia Grant each scored two goals for the T-Birds in the […]

  • Crime

    Kodiak man sentenced after guilty plea in sexual assault case

    by Associated Press on May 02, 18:58

    A judge is sending a man he calls “one of the most dangerous people to come to Kodiak” to prison for attempted assault and coercion. The Kodiak Daily Mirror (http://bit.ly/1I6eZ3r) reports Judge Steve Cole sentenced Robert Zoellner Jr. to 15 years behind bars as part of a plea deal. Six of the years will be […]

  • News

    Supporters pledge to help save old 4th Avenue Theatre

    by Dave Leval on May 02, 18:07

    Bruce Kelly has fond memories of the old 4th Avenue Theatre. “I can remember a lot of fun times,” said Kelly. “Really, it was a great place to go.” Kelly joined dozens of others who hope to make more memories inside the building. They gathered across the street from the closed theater on Fourth Avenue […]

  • Crime

    AST: Man arrested after allegedly punching girlfriend’s sister in face

    by KTVA CBS 11 News on May 02, 17:45

    Troopers arrested a man Sunday on assault and disorderly conduct charges after he allegedly punched his girlfriend’s sister in the face. On April 12, a Kobuk woman reported that “she’d been punched in the face by her sister’s boyfriend,” according to an online Alaska State Troopers dispatch. The woman sustained “serious injuries,” troopers say, adding […]

  • News

    Lt. Gov. Mallott to discuss trans-boundary issues during British Columbia visit

    by Associated Press on May 02, 15:55

    Lt. Gov. Byron Mallott plans to meet with Canadian officials, tribal leaders and Canadian mining interests during a trip focused on trans-boundary resource issues. Mallott’s visit to British Columbia is scheduled to begin Monday. He said in a release that he looks forward to the trip and seeing the Canadian side of the trans-boundary issues. […]

  • News

    Plans advancing to demolish 3 Anchorage properties acquired for Knik project

    by Associated Press on May 02, 13:18

    The state transportation department plans to move ahead with demolishing three Anchorage properties acquired as part of the idled Knik Arm bridge project. The department, in a release, said the contract to remove the Sourdough Lodge and two adjacent houses was made last September. It says the contract complies with an administrative order last December […]