
An Albanian hacker who was part of an international cyberattack conspiracy that stole $14 million from ATM machines all over the world pleaded guilty Friday in New York to bank fraud.
Qendrim Dobruna, 27, was arrested in Germany and extradited to face justice for hacking into a US-based system used to process bank card payments for disaster relief to the American Red Cross.
The offense to which he pleaded guilty carries a maximum 30 years in prison and a $1 million fine. He will be sentenced October 24.
More than 15,000 ATM transactions in 18 countries using the compromised prepaid card data resulted in $14 million in financial losses worldwide, US prosecutors said.
After penetrating the system, the defendant and his associates "helped themselves to funds using prepaid debit cards meant for the needy and vulnerable," said Brooklyn prosecutor Loretta Lynch.
They hacked into American Red Cross prepaid card accounts, manipulated the balances and withdrawal limits, allowing associates across the world to take out almost limitless amounts of stolen cash from bank machines.
Dobruna was arrested in Stuttgart, Germany in March 2012 by German police then extradited to the United States.
GMT 19:30 2018 Wednesday ,03 January
EU launches last crisis-battling finance reformGMT 17:13 2017 Thursday ,14 December
South Korea bans its banks from dealing in BitcoinGMT 19:16 2017 Monday ,11 December
Britain’s smaller banks jostle for business banking grantsGMT 19:31 2017 Sunday ,10 December
Britain’s smaller banks jostle for business banking grantsGMT 17:28 2017 Thursday ,07 December
India's central bank holds rates at seven-year lowGMT 17:55 2017 Sunday ,03 December
Saudi banks prepare for riyal coinsGMT 15:10 2017 Wednesday ,29 November
Societe Generale shares climb after cost-cutting planGMT 19:22 2017 Friday ,17 November
Deutsche Boerse taps top banker as new CEO
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor