Online Brokerage Hacker Sentenced to 37 Months Prison
The US Department of Justice has announced that computer fraudster ALEKSEY VOLYNSKIY was senteced this week to 37 months in prison for hacking into the online brokerage accounts of Charles Schwab customers and laundering over $246,000. Using usernames and passwords that were collected by malware spread on user’s computers, Volynskiy would log into these user’s accounts and wire funds out of them. They would send money to “drop” accounts, and then forward much of the funds to co-conspirators in Russia.