Follow Us

We use cookies to provide you with a better experience. If you continue to use this site, we'll assume you're happy with this. Alternatively, click here to find out how to manage these cookies

hide cookie message

Zeus Trojan gang member gets jail for huge UK fraud

Ukrainian gang stole millions from online accounts

Article comments

The most complex cybercrime investigation ever undertaken by UK police has resulted in another member of a gang that used the Zeus Trojan to raid online bank accounts being sentenced to two years behind bars.

Latvian Karina Kostromina was originally arrested as part of Operation Lath in September 2010 along with 19 other mostly Ukrainian and Belarussians nationals, 13 of whom were eventually charged with offences.

Found guilty of money laundering for the gang, Kostromina was also married to alleged gang ringleader, Yevhen Kulibaba, who has still to be sentenced.

Exactly how much money the gang managed to steal using the keylogged bank logins of UK and US targets remains unclear but could run into tens of millions. What is clear is the staggering ease with which the gang looted money remotely. Between September 2009 and March 2010 the gang are known to have taken at almost £2.9 million, with the attempted theft of £4.3 million in total.

However, police have suggested that the true sum could be over £20 million or perhaps even higher still.

“These defendants were part of an organised network of computer criminals operating a state-of-the art international online banking fraud, through which they stole many millions of pounds from individuals and businesses in the UK and United States,” said detective inspector Colin Wetherill of the Metropolitan Police Central eCrime Unit (PCeU).

Despite the seriousness of the offences, the sentences dished out to defendants so far have hardly been swingeing, ranging from a few months to just over three years.  

Earlier this week, the PCeU estimated that it had prevented £140 million of cybercrime in the last six months alone. Part of the unit’s secret could be its strong links to police forces in other countries that take cybercrime in deadly earnest, such as the FBI.




Share:

More from Techworld

More relevant IT news

Comments



Send to a friend

Email this article to a friend or colleague:

PLEASE NOTE: Your name is used only to let the recipient know who sent the story, and in case of transmission error. Both your name and the recipient's name and address will not be used for any other purpose.

Techworld White Papers

Choose – and Choose Wisely – the Right MSP for Your SMB

End users need a technology partner that provides transparency, enables productivity, delivers...

Download Whitepaper

10 Effective Habits of Indispensable IT Departments

It’s no secret that responsibilities are growing while budgets continue to shrink. Download this...

Download Whitepaper

Gartner Magic Quadrant for Enterprise Information Archiving

Enterprise information archiving is contributing to organisational needs for e-discovery and...

Download Whitepaper

Advancing the state of virtualised backups

Dell Software’s vRanger is a veteran of the virtualisation specific backup market. It was the...

Download Whitepaper

Techworld UK - Technology - Business

Innovation, productivity, agility and profit

Watch this on demand webinar which explores IT innovation, managed print services and business agility.

Techworld Mobile Site

Access Techworld's content on the move

Get the latest news, product reviews and downloads on your mobile device with Techworld's mobile site.

Find out more...

From Wow to How : Making mobile and cloud work for you

On demand Biztech Briefing - Learn how to effectively deliver mobile work styles and cloud services together.

Watch now...

Site Map

* *