Russian Andrei Tyurin will reportedly plead guilty to taking part in a cyber-criminal campaign that targeted the US financial sector and stole personal data from roughly 100 million customers of various firms.
Citing court documents filed last week, Bloomberg reported that Tyurin, 36, has reached a plea deal with federal prosecutors in New York, who recently moved to consolidate their case with a second trial in Atlanta.
Tyruin was arrested and later extradited from the country of Georgia in 2018. A September 2018 DOJ press release announcing Tyruin’s extradition accused Tyruin and three other defendants of undertaking a massive hacking operation from roughly 2012 through mid-2015. This included the largest-ever theft of customer data from a single US financial institution. The victimised firm is widely known to be Manhattan-based JPMorgan, from which Tyruin and others allegedly stole data belonging to 80 million customers.
Tyurin and others allegedly used the data to perpetuate other criminal operations, including artificially inflating the price of stocks by deceptively marketing the stocks to individuals whose contact information was stolen in the breaches.
Last year, Tyurin wascharged with one count of conspiracy to commit computer hacking, one count of wire fraud, four counts of computer hacking, one count of conspiracy to commit securities fraud, one count of conspiracy to violate the Unlawful Internet Gambling Enforcement Act, one count of conspiracy to commit wire fraud and bank fraud, and aggravated identity theft.
Citing people familiar with the case, Bloomberg also reported that Tyurin’s alleged co-conspirator Gery Shalon, who is also in US custody, has been cooperating with federal authorities, and agreed along with other co-defendants to a series of deals to repatriate stolen funds.
This article was originally published on SC Media US.