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 This material may not be published, broadcast, rewritten, or redistributed.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

    Anchorage family wants justice after 12-year-old deaf boy’s dog killed in hit and run

    by Sierra Starks on Sep 30, 20:20

    A broken red collar is a reminder that there’s something missing at Valerie Anderson’s East Anchorage home. It’s the collar that belonged to Scooby Doo, the family’s labrador retriever, who was 12-year-old J.J. Anderson’s best friend. J.J has special needs and wears cochlear implants to hear. The family got Scooby to be a companion for […]

  • Lifestyle

    Make it Alaskan Festival kicks off holiday craft show season

    by Heather Hintze on Sep 30, 18:59

    Like its name suggests, everything you’ll find at the Make it Alaskan Festival is made in Alaska. While most of the 140 vendors came with a complete inventory to the show at the Sullivan Arena, artists like Sarah Chatfield continued to piece together products in their free time. “I try to stay busy while I’m […]

  • News

    UAA team works to find new ways to bring running water to rural Alaska

    by Lauren Maxwell on Sep 30, 18:55

    It’s something most people in Anchorage take for granted — running water. But according to the Department of Environmental Conservation (DEC), more than 3,300 homes in rural Alaska don’t have running water or a flush toilet. Several years ago the DEC started the Water and Sewer Challenge. Teams were challenged to find innovative ways to bring […]

  • News

    APD: 1 dead in West Anchorage industrial accident

    by KTVA CBS 11 News on Sep 30, 17:48

    A man was killed, Friday afternoon, when a wall he and another man were removing collapsed, the Anchorage Police Department (APD) wrote in a release. Few details were immediately available, but at 3:34 p.m. emergency responders were called to a four-plex on the 1500 block of W. 40 Avenue. Police said the men were removing […]

  • Lifestyle

    DOF: Alaska wraps up minor fire season

    by KTVA CBS 11 News on Sep 30, 15:40

    Alaska had an early start to the wildfire season, but the Division of Forestry (DOF) says the total number of acres burned this year were “well below normal level.” In a release from DOF, the agency wrote there were 558 fires, which burned 500,095 acres. In Interior Alaska, during the two summer months that typically […]

  • News

    UN appoints first expert on LGBT violence and discrimination

    by Associated Press on Sep 30, 15:09

    UNITED NATIONS (AP) – The Human Rights Council has appointed international human rights expert Vitit Muntarbhorn of Thailand as the first U.N. independent expert charged with investigating violence and discrimination based on sexual orientation and gender identity. John Fisher, Geneva director of Human Rights Watch, said his appointment on Friday “made history” and “will bring […]

  • News

    Berkowitz announces cuts to fill $40M budget gap, plans to increase police force

    by KTVA CBS 11 News on Sep 30, 13:35

    The Municipality of Anchorage faces an estimated $40 million budget gap, according to numbers released by Mayor Ethan Berkowitz at a meeting Friday. The municipality’s 2017 budget is $502 million, up from $497 million in 2016. “We are dealing with tough times in Anchorage and we are dealing with tough times because the state has […]

  • News

    Consumer demand for Alaska cruises growing again

    by Rachel D'Oro / AP on Sep 30, 13:28

    A growing consumer demand for Alaska cruises has put the state back in the million-passenger club as it rebounds after a leaner stretch. And next year is expected to be even better with larger capacity ships added to the Far North lineup. The millionth passenger was counted as the Alaska cruise industry’s season was nearing […]