From: security curmudgeon (jerichoattrition.org)
Date: Mon Apr 12 2010 - 14:27:38 CDT

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http://www.darkreading.com/security/privacy/showArticle.jhtml?articleID=224202497

Hacker Gets Three Years For Hijacking Schwab Brokerage Accounts
Russian laundered more than $246,000, sending a portion back to Russia

Apr 09, 2010 | 03:52 PM
By Tim Wilson
DarkReading

A Russian national Wednesday was sentenced to 37 months in prison for
hacking into victims' brokerage accounts at Charles Schwab, laundering
more than $246,000 and sending a portion back to co-conspirators in
Russia.

According to an FBI release, Aleksey Volynskiy also sold approximately 180
stolen credit card numbers to a cooperating witness and directed that they
be fabricated into credit cards.

According to the indictment, from approximately September 2006 through
December 2007 Volynskiy and co-defendant Alexander Bobnev participated in
a scheme to steal funds from bank and brokerage accounts by hacking into
those accounts through the Internet, using personal financial information
obtained through computer viruses and then laundering the stolen proceeds.

To carry out this scheme, Bobnev and co-conspirators in Russia used Trojan
horses to hack into the personal computers of multiple victims in the
United States. These Trojan horses were designed to steal personal account
information from individual victims as they accessed their bank and
brokerage accounts through the Internet.

After the Trojan horses captured the victims' personal account
information, Bobnev and other co-conspirators used the information to
access victims' bank and brokerage accounts, and thereafter made
unauthorized sales of securities and unauthorized wire transfers out of
these accounts.

Volynskiy, along with co-conspirators residing in the United States, next
set up various "drop" accounts to receive the funds stolen from their
victims' bank and brokerage accounts. Then they sent a portion of the
stolen funds from the various drop accounts in the United States to
co-conspirators in Russia through money remitting services, keeping a
portion of the fraud proceeds for themselves.

[..]
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