Prosecutors throw the book at Russian behind credit card hacking plot
U.S. prosecutors are asking a federal court in Seattle to sentence prolific Russian hacker Roman Seleznev to 30 years this week, saying he personally helped create a multibillion-dollar ecosystem for credit card fraud. Calling Seleznev “a pioneer” in the online theft and monetization of card data, a sentencing memorandum claims he “became one of the most revered point-of-sale hackers in the criminal underworld … a market maker whose automated vending sites and tutorials helped grow the market for stolen card data,” by effectively creating an Amazon.com for cyber-thieves and card fraudsters. Cards that Seleznev sold through his sites generated nearly $170 million in fraudulent charges, prosecutors said. “This prosecution is unprecedented. Never before has a criminal engaged in computer fraud of this magnitude been identified, captured, and convicted by an American jury,” prosecutors claim. In arguing for the 30-year sentence, prosecutors also say Seleznev tried to game the court system: “Burning through” six sets of […]
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