US Hacker Sentenced for Cybercrime Organized by Ukrainian Associates

New Jersey US Attorney’s Office stated that the participant of an international cybercrime scheme Oleg Pidtergerya of Brooklyn, New York was sentenced to 92 months in prison for conspiracy to commit fraud.

WASHINGTON (Sputnik) — The participant of an international cybercrime scheme Oleg Pidtergerya of Brooklyn, New York was sentenced to 92 months in prison for conspiracy to commit fraud, New Jersey US Attorney’s Office said in a statement on Wednesday.

“Pidtergerya was asked by leaders of the conspiracy to participate in a scheme to ‘cash out’ bank accounts and pre-paid debit cards opened in the names of others,” the statement said. “[He] was sentenced today to 92 months in prison.”

The US Attorney’s Office also sentenced the hacker to three years of supervised release, imposed $1,758,127 in restitution and a $250,000 penalty.

Pidtergerya attempted to steal at least $15 million by using customer accounts information he hacked from banks, brokerage firms, payroll processing companies and US government agencies, according to the Justice Department.

The hacker, who pleaded guilty in April 2014, managed a cash-out crew in New York for Oleksiy Sharapka and Leonid Yanovitsky of Kiev, Ukraine, the statement said.

At present, Sharapka and Yanovitsky remain at large, according to the Justice Department.

Cybercrime costs in the United States have reached $100 billion annually, a sum greater than in any other country, according to a study by Intel Security and the Center for Strategic and International studies.