Tag Archive for: convicted

$7 Million Digital Advertising Scam: Russian Man Convicted


Cybercrime
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Fraud Management & Cybercrime
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Fraud Risk Management

Self-Professed ‘King of Fraud’ Aleksandr Zhukov Ran Ads on Fake Sites

$7 Million Digital Advertising Scam: Russian Man Convicted
Russian national Aleksandr Zhukov (Photo: U.S. Attorney’s Office, Eastern District of New York)

A Russian man has been convicted of bilking advertisers out of more than $7 million in payments for online ads that were never viewed by real humans.

See Also: Live Webinar | The Role of Passwords in the Hybrid Workforce


On Friday, Aleksandr Zhukov, 41, was convicted by a federal jury of four charges – including wire fraud and money laundering – as part of the so-called Methbot scheme.


The gang allegedly referred to its scheme as “Metan” – the Russian word for methane – although it’s also been referred to as Methbot by the FBI and prosecutors, and later as Media Methane, which was the name of the company owned by Zhukov, with offices in Russia and Bulgaria.


Zhukov and other members of his operation secured agreements with advertising networks to display their ads on sites, then earned a commission for every ad that someone viewed.


But according to court documents, from September 2014 through December 2016, Zhukov and his associates instead created fake sites, and programmed data centers to create fake users, to make it appear that real individuals were viewing the advertising.


“Zhukov represented to others that he ran a legitimate ad network that delivered advertisements to real human internet users accessing real internet web pages,” according to a superseding indictment…

Source…

Bayrob malware gang convicted of infecting over 400,000 computers worldwide, stealing millions through online auction fraud

Bayrob malware gang convicted of infecting over 400,000 computers worldwide, stealing millions through online auction fraud

A US court has convicted two Romanian hackers belonging to the Bayrob malware gang after they infected over 400,000 computers around the world, and stole millions of dollars.

Read more in my article on the Hot for Security blog.

Graham Cluley

Ex-CIA Officer Is Convicted of Spying for China

  1. Ex-CIA Officer Is Convicted of Spying for China  New York Times
  2. Ex-CIA officer convicted of spying for China  The Straits Times
  3. Former CIA officer found guilty in China spying case  CNN
  4. Former CIA officer Kevin Mallory found guilty of selling secrets to China  Chicago Tribune
  5. Full coverage

china espionage – read more