Nebraska Man pleads guilty to $3.5 million cryptojacking scheme

December 5, 2024 at 10:42PM A Nebraska man pleaded guilty to running a significant cryptojacking operation, which involves illicitly using computer resources for cryptocurrency mining. His arrest and charges occurred in April, culminating in this recent plea. **Meeting Takeaways:** 1. A Nebraska man has pleaded guilty. 2. The case involves a large-scale cryptojacking operation. 3. … Read more

Man accused of hilariously bad opsec as alleged cybercrime spree detailed

November 26, 2024 at 03:42PM Nicholas Michael Kloster, 31, appeared in court for alleged cybercrimes, including breaking and entering, credit card abuse, and manipulating computer systems of two companies shortly after his employment. Prosecutors claim he caused $5,000 in damages to a nonprofit and faces charges related to computer access and damage. Trial is scheduled … Read more

Hong Kong Crime Ring Swindles Victims Out of $46M

October 17, 2024 at 04:14PM Hong Kong police arrested 27 individuals in a deepfake scam that deceived victims out of $46 million. The criminals used AI technology to create fake personas for online dating, employing real-time deepfakes during video calls. Police seized equipment and funds, linked some recruits to the Sun Yee On crime gang. … Read more

Former Avaya employee gets 4 years for $88M license piracy scheme

July 29, 2024 at 02:05PM Three individuals involved in a large-scale software pirating operation, selling unauthorized Avaya business telephone system software licenses worth over $88,000,000, were sentenced to prison. The individuals, Raymond Bradley “Brad” Pearce, Dusti O. Pearce, and Jason M. Hines, pleaded guilty and were ordered to forfeit between $2 to $4 million as … Read more

Rogue ex-Motorola techie admits cyberattack on former employer, passport fraud

November 29, 2023 at 08:23PM Andrew Mahn, ex-Motorola technician, pleaded guilty to passport and wire fraud after launching a cyberattack on the company and attempting to acquire a passport with false credentials while pending trial. Mahn stole Motorola data, including code to unlock radio features, using employee credentials obtained via phishing. Sentencing is set for … Read more