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Two US men plead guilty for their role in global hacking operation

Two men with ties to the Ukraine and other parts of Eastern Europe face up to 25 years in federal prison for their role in wire fraud and theft.

Published Thu, Apr 3 2014 3:14 PM CDT   |   Updated Sat, Aug 8 2020 10:29 AM CDT

Two members of an international cybercrime, identity theft and credit card fraud ring pleaded guilty to one count of wire fraud conspiracy and one count of conspiracy to commit access device fraud and identity theft, the Department of Justice announced.

Two US men plead guilty for their role in global hacking operation | TweakTown.com

Robert Dubuc, 40, from Massachusetts along with Oleg Pidtergerya, 49, of New York, used information stolen from more than 12 banks, payroll processing companies, brokerage firms and government agencies - in their effort, more than $15 million in funds have been reportedly stolen.

"Both Dubuc and Pidtergerya were asked by leaders of the conspiracy to participate in a scheme to 'cash out' bank accounts and pre-paid debit cards opened in the names of others," according to the DoJ press release.

Once a bank account was compromised, the cybercriminals then sent the information to others, accused of withdrawing funds from ATM accounts or making fraudulent purchases in New York, Massachusetts, Georgia, Illinois and other locations.

Both men face a maximum of 25 years when they are sentenced in early July.

An experienced tech journalist and marketing specialist, Michael joins TweakTown looking to cover everything from consumer electronics to enterprise cloud technology. A former Staff Writer at DailyTech, Michael is now the West Coast News Editor and will contribute news stories on a daily basis. In addition to contributing here, Michael also runs his own tech blog, AlamedaTech.com, while he looks to remain busy in the tech world.

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