• 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 This material may not be published, broadcast, rewritten, or redistributed.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

  • News

    Bean’s Café prepares to feed 1,200 on Thanksgiving

    by Heather Hintze on Nov 25, 22:48

    Trays of turkey are stuffed tucked into every nook and cranny of Bean’s Café’s freezer. “That’s all turkey right there, there’s also turkey here,” Aaron Dollison pointed to the piles of foil platters. After a week of baking the holiday birds, he’s still in good spirits. “We did 84 and we’ll say 20 pounds a […]

  • News

    Collision on Glenn Highway kills driver, hospitalizes passenger

    by KTVA CBS 11 News on Nov 25, 21:24

    A collision that briefly closed down half of the Glenn Highway has claimed the life of the driver involved. Around 7:30 p.m., a truck traveling northbound on the Glenn Highway reportedly lost control and left the roadway, rolling over, according to a statement from Anchorage police. The crash occurred just past the Mirror Lake area. […]

  • Politics

    Rasmuson Foundation ups fiscal plan campaign to talk new taxes, capping PFD

    by Liz Raines on Nov 25, 21:04

    What started as a quiet campaign that launched last summer is now becoming a full-blown effort by the Rasmuson Foundation to spark conversation about capping the permanent fund dividend, cutting the general fund and paying taxes to save the state from a $3.5 billion budget deficit. The foundation said it will be launching its new […]

  • News

    Alaska inmates create princess wigs for girls battling cancer

    by Shannon Ballard on Nov 25, 20:38

    Palmer mother of three Holly Christensen doesn’t typically spend her days at Alaska women’s prisons. But she says the Magic Yarn Project isn’t just for little girls, it extends to everyone involved. “We’re just bombarded with emails from all over the world. These little girls that need wigs and we don’t have enough,” Christensen said. The […]

  • News

    Heavy snow closes several highways in Fairbanks area

    by Associated Press on Nov 25, 17:01

    Heavy snow is creating difficult driving conditions in the Fairbanks area, with winter conditions closing several highways Wednesday. The Fairbanks Daily News-Miner reports the Richardson Highway was closed for about a 75-mile stretch, from Delta Junction south to Paxson, for about seven hours. Department of Transportation officials cited whiteout conditions, heavy and drifting snow and […]

  • Lifestyle

    Thanksgiving in space: What astronauts eat on Turkey Day

    by Sarah Lewin / Space.com on Nov 25, 16:20

        Astronauts gave thanks and previewed their “traditional” space meal in a video greeting from the International Space Station just in time for Thanksgiving. NASA astronauts Scott Kelly, who is nearing the end of his one-year mission, and Kjell Lindgren took a moment to celebrate the season in a video preview of their Thanksgiving […]

  • News

    Bethel school interior photos highlight damage from fire

    by KTVA CBS 11 News on Nov 25, 15:56

    School officials ventured inside Bethel’s burned Kilbuck building Tuesday and captured several images highlighting the damage wrought by a recent fire. A group of Lower Kuskokwim School District officials discovered some Yupik education materials could be saved, said Superintendent Daniel Walker. While damaged by smoke, the school’s library was largely intact, as were books and […]

  • News

    100 Stone: Rescuing the symbols of mental health issues

    by KTVA CBS 11 News on Nov 25, 15:38

    A project highlighting mental illness was nearly destroyed on an Alaska beach Tuesday evening following high winds and waves. Eighty-five statues made of concrete, burlap, plaster and straw were installed at Point Woronzof on Saturday. Known as 100 Stone, the project portrayed the struggle many face while living with mental health issues. Each statue was […]