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Saturday, 7 August 2010 - Estonian hacker pleads not guilty to bilking cash
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    Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology Estonian hacker pleads not guilty to bilking cash AFP - Saturday, August 7 Send IM Story Print Estonian hacker pleads not guilty to bilking cash Slideshow: Full Photo Coverage: Internet Portals & Search Engines ATLANTA, Georgia (AFP) - – An extradited Estonian hacker has pled not guilty to bilking the Royal Bank of Scotland of nine million dollars in a single day by tampering with its payroll debit cards around the world, US officials have said. Sergei Tsurikov, 26, was extradited from Estonia on charges he and a team of young hackers committed wire and computer fraud and aggravated identity theft, which could land him in jail for up to 35 years and a fine of up to 3.5 million dollars. The US Justice Department said Tsurikov and his people on November 2008 managed to break into the US-based RBS WorldPay site, which handles payroll debit cards used by various companies to pay their employees, who then can draw their wages from an automated teller machine, or ATM. Tsurikov and his team raised the account limits and then provided a network of "cashers" with counterfeit payroll debit cards, which were used over a period of 12 hours to withdraw more than nine million dollars from 2,100 ATMs in the United States, Russia, Ukraine, Estonia, Italy, Hong Kong, Japan and Canada, the department said. "In just one day, an American credit card processor was hacked in perhaps the most sophisticated and organized computer fraud attack ever conducted," said US Attorney Sally Yates. After the withdrawals, the hackers allegedly sought to destroy data stored on the card processing network to cover their tracks, let the "cashers" keep 30 to 50 percent of the stolen funds, and had the rest sent them by WebMoney or Western Union, the DoJ said. In addition to Tsurikov, seven others are equally charged with the crimes. They hail from Russia, Moldavia and Estonia and are all 30 to 35 years old. "With cooperation from law enforcement partners around the world, and most particularly in Estonia, we have now extradited to Atlanta one of the leaders of this ring," said Yates. Recommend Send IM Story Print Related Articles Internet lifestyles leave digital estates for descendants AFP - 13 minutes ago Estonian hacker pleads not guilty to bilking cash AFP - Saturday, August 7 US-TECH Summary Reuters - Saturday, August 7 HP CEO resigns after sex harassment investigation Reuters - Saturday, August 7 Hewlett-Packard boss resigns amid sexual harassment claims AFP - Saturday, August 7 News Search Top Stories Latest jobs data is blow to Obama election hopes US astronauts set for key ISS repair spacewalk HP boss resigns amid sexual harassment claims BP may re-drill near Gulf of Mexico oil well site US economy sheds 131,000 jobs More Top Stories » Related Full Coverage Internet Portals & Search EnginesLatest development in the online world All Full Coverage » ADVERTISEMENT Most Popular Most Viewed Most Recommended Wyclef Jean flying to Haiti to announce presidential run Scientists find sea sponges share human genes 40 US billionaires pledge half wealth to charity US attends Hiroshima atomic memorial for first time Fannie Mae loss shrinks to 3.1 billion dollars More Most Viewed » Parachuting donkey shocks Russian beachgoers Argentine students crack three-decade-old murder mystery 40 US billionaires pledge half wealth to charity World's first full face transplant man appears on TV Calcium supplements linked to heart attacks: study More Most Recommended » Elsewhere on Yahoo! Financial news on Yahoo! Finance Stars and latest movies Best travel destinations More on Yahoo! News Home Singapore Asia Pacific World Business Entertainment Sports Technology Subscribe to our news feeds Top StoriesMy Yahoo!RSS » More news feeds | What are news feeds? Also on Yahoo! Answers Groups Mail Messenger Mobile Travel Finance Movies Sports Games » All Yahoo! Services Site Highlights Singapore Full Coverage Most Popular Asia Entertainment Photos World Cup 2010 Copyright © 2010 Yahoo! Southeast Asia Pte Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Privacy Policy - Terms of Service - Community - Intellectual Property Rights Policy - Help

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