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'Cybercriminal, Cheat' Russian Hacker Guilty Of Boston Stock Conspiracy: Feds
A Russian businessman was convicted this week of an elaborate conspiracy where he and several others hacked into a computer system located in Boston to steal yet-to-released earnings reports from hundreds of companies and used the information to buy stocks, authorities said. They made nearly $100 million in this scheme, officials added.
Vladislav Klyushin, age 42, of Moscow, was found guilty on Tuesday, Feb. 14, on all charges, including wire fraud and securities fraud, following a 10-day trial in Boston, the US Attorney for Massachusetts said. He faces up to 30 years in federal prison.
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