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Cybercrime Florida SIM Swapper Sentenced to Prison for Cryptocurrency Theft Background A 20-year-old man from Orlando, Florida, named Jordan Dave Persad, has been sentenced to prison for his role in a hacking scheme that resulted in the theft of approximately $1 million in cryptocurrency. Persad was found guilty of hacking into victims’ email accounts and…
Cybercrime: Nigerian Man Sentenced to 8 Years in US Prison for $8 Million BEC Scheme Background Increase in Cybercrime Cybercrime has become a pervasive and increasingly sophisticated threat in recent years. The digitization of our lives, coupled with the advancements in technology and communication, has created new opportunities for criminals to exploit individuals, businesses, and…
Cybercrime: British Twitter Hacker Sentenced to Prison in the US Overview Joseph James O’Connor, a British national also known as ‘PlugwalkJoe’, has been sentenced to five years in prison in the United States for his involvement in hacking schemes targeting cryptocurrency wallets, Twitter accounts, and other social media accounts. O’Connor was arrested in Spain in…
Cybercriminal Operator of Bulletproof Hosting Services Sentenced to Prison in US A Romanian dual national who ran a bulletproof hosting service, Mihai Ionut Paunescu, has been sentenced to three years in prison in the United States. He was also ordered to pay $3.5 million forfeiture and roughly $19,000 in restitution. Paunescu was arrested in 2021…
Phone Scamming Kingpin Gets 13 Years for Running “iSpoof” Service On May 22, 2023, it was reported that a UK court had sentenced Tejay Fletcher, the kingpin behind the “iSpoof” service, to 13 years and 4 months in prison. The online service allowed users to spoof their caller ID, essentially faking their identity when calling…
Former Ubiquiti Employee Sentenced to Prison for Cybercrime Nickolas Sharp, a former employee at Ubiquiti, a US-based communication and IoT device maker, has been sentenced to prison for six years for posing as a hacker and attempting to extort the company for nearly $2 million. Sharp had access to Ubiquiti‘s confidential information and abused his…