Insider Threat: Employees indicted for stealing $88 million of license keys

Two insiders and an accomplice were indicted on Tuesday for multiple counts of fraud. According to documents unsealed by the Wester District of Oaklahoma, a grand jury charged Raymond Bradley Pearce aka Brad Pearce, a former employee of Avaya; Dusti O. Pearce, his wife; and Jason M. Hines aka Joe...

Police seize and dismantle massive phishing operation

Europol has coordinated a joint operation to arrest members of a cybercrime gang and effectively dismantle their campaigns that netted million in Euros. This operation also led the Belgian Police Police Fédérale/Federale Politie and the Dutch Police Politie to nine arrests, 24 house searches, and...

Europol Busts Phishing Gang Responsible for Millions in Losses

Europol on Tuesday announced the dismantling of an organized crime group that dabbled in phishing, fraud, scams, and money laundering activities. The cross-border operation, which involved law enforcement authorities from Belgium and the Netherlands, saw the arrests of nine individuals in the Dut...

Interpol’s First Light operation smashes crime on a global scale

A large-scale Interpol operation has resulted in arrested and ill-gotten gains seizures galore. Operation First Light took place between March and May of this year. It involved 76 countries taking social engineers and telecommunications fraudsters to task, with multiple wins for those involved...

GHSA-86CV-9GPX-6HWJ Openstack Aodh can be used to launder Keystone trusts

Aodh as packaged in Openstack Ocata and Newton before change-ID I8fd11a7f9fe3c0ea5f9843a89686ac06713b7851 and before Pike-rc1 does not verify that trust IDs belong to the user when creating alarm action with the scheme trust+http, which allows remote authenticated users with knowledge of trust ID...

Shutdown of Russia's Hydra Market Disrupts a Crypto-Crime ATM

More than just a market for illegal drugs, the dark-web site allowed criminals to launder or cash out hundreds of millions in stolen cryptocurrencies...

‘Spam Nation’ Villain Vrublevsky Charged With Fraud

Pavel Vrublevsky, founder of the Russian payment technology firm ChronoPay and the antagonist in my 2014 book "Spam Nation," was arrested in Moscow this month and charged with fraud. Russian authorities allege Vrublevsky operated several fraudulent SMS-based payment schemes, and facilitated money...

FBI catches up with one of its Most Wanted, arrests head of advance-fee crime network

Some dont mind putting extra effort into making their crime appear as legitimate as possible by perpetuating more lies as long as they are guaranteed money in the end. Osondu Victor Igwilo is one such Nigerian scammer. The "catchers" 52-year-old Igwilo has been on the Federal Bureau of...

Justice Department Appoints First Director of National Cryptocurrency Enforcement Team

The U.S. Department of Justice DoJ earlier this week appointed Eun Young Choi to serve as the first Director of the National Cryptocurrency Enforcement Team NCET it established last year. The NCET was created to tackle the criminal misuse of cryptocurrencies and digital assets," with a focus on...

This Week in Security News - February 11, 2022

Hidden scams in malicious scans, and feds arrest couple who allegedly laundered $1 Billion in stolen bitcoins...

The DOJ’s $3.6B Seizure Shows How Hard It Is to Launder Crypto

A couple allegedly used a “laundry list” of technical measures to cover their tracks. They didn’t work...

U.S. Arrests Two and Seizes $3.6 Billion Cryptocurrency Stolen in 2016 Bitfinex Hack

The U.S. Justice Department DoJ on Tuesday announced the arrest of a married couple in connection with conspiring to launder cryptocurrency worth $4.5 billion that was siphoned during the hack of the virtual currency exchange Bitfinex in 2016. Ilya Lichtenstein, 34, and his wife, Heather Morgan,...

U.S. Authorities Charge 6 Indian Call Centers Scamming Thousands of Americans

A number of India-based call centers and their directors have been indicted for their alleged role in placing tens of millions of scam calls aimed at defrauding thousands of American consumers. The indictment charged Manu Chawla, Sushil Sachdeva, Nitin Kumar Wadwani, Swarndeep Singh, Dinesh Manoh...

DeepDotWeb News Site Operator Sentenced to 8 Years for Money Laundering

An Israeli national was sentenced to 97 months in prison in connection with operating the DeepDotWeb DDW clearnet website, nearly a year after the individual pleaded guilty to the charges. Tal Prihar, 37, an Israeli citizen residing in Brazil, is said to have played the role of an administrator o...

North Korean Hackers Stole Millions from Cryptocurrency Startups Worldwide

Operators associated with the Lazarus sub-group BlueNoroff have been linked to a series of cyberattacks targeting small and medium-sized companies worldwide with an aim to drain their cryptocurrency funds, in what's yet another financially motivated operation mounted by the prolific North Korean...

North Korean APTs Stole ~$400M in Crypto in 2021

Vast amounts of cash sloshing around in cryptocurrency markets are proving irresistible for cybercriminals and scammers of all kinds. From basic financial pump-and-dump schemes to straight-up nation-state cybertheft, nascent crypto markets, and their investors – often with dubious understanding o...

FBI traces and grabs back $150 million theft that was turned into bitcoins

On December 1, 2021, the Tokyo police arrested an employee of Sony Life Insurance on suspicion of fraudulently obtaining 17 billion yen through an illegal money transfer from an overseas unit. On the same day 3,879 bitcoins, worth about $150 million, were seized by law enforcement, and on the...

Interpol Arrests Over 1,000 Cyber Criminals From 20 Countries; Seizes $27 Million

A joint four-month operation coordinated by Interpol, the international criminal police organization, has culminated in the arrests of more than 1,000 cybercriminals and the recovery of $27 million in illicit proceeds. Codenamed "HAECHI-II," the crackdown enabled law enforcement units from across...

Murder-for-hire, money laundering, and more: How organised criminals work online

Europol has released an extensive report into serious and organized crime, including how these groups use the internet to aid in their criminal behaviour. Europol is the European Union’s EU law enforcement agency and it assists the EU Member States in their fight against serious international cri...

U.S. Charges Ukrainian Hacker for Kaseya Attack; Seizes $6 Million from REvil Gang

The U.S. government on Monday charged a Ukrainian suspect, arrested in Poland last month, with deploying REvil ransomware to target multiple businesses and government entities in the country, including perpetrating the attack against software company Kaseya, marking the latest action to crack dow...