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U.S. government accuses Russian hacker Evgeniy Bogachev of $100m fraud

Accused Russian hacker Evgeniy Bogachev has stolen millions as part of his hacker group, and is now wanted by the FBI.

Published Wed, Jun 4 2014 12:27 AM CDT   |   Updated Sat, Aug 8 2020 10:29 AM CDT

Accused Russian hacker Evgeniy Bogachev, known as "lucky12345" and "slavik," has been accused of committing cybercrimes that led to more than $100 million in fraud. Leading a group of cybercriminals, Bogachev helped infect thousands of computers with malware, compromising users by stealing usernames and passwords.

U.S. government accuses Russian hacker Evgeniy Bogachev of $100m fraud | TweakTown.com

Most of the hackers involved are from the United Kingdom, Russia and the Ukraine, according to U.S. federal investigators.

The U.S. government is increasingly going after cybercriminals, though struggle to try to prevent these types of breaches - and can only respond once hacking and theft has already occurred. Still on the run, the Russian is charged with conspiracy, bank, wire and computer fraud, and money laundering, with one victim, Haysite Reinforced Plastics of Eric named. Bogachev reportedly stole $824,000 from the company's accounts in just one day.

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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