A Russian nationwide who operated a market focused on the sale of stolen payment card info has pleaded guilty to charges brought forward by united state prosecutors.
Aleksei Burkov has admitted to charges of access device fraud and conspiracy to commit pc intrusion, identity theft, wire and access device fraud, and cash laundering before US District Judge T.S. Ellis, the united states Department of Justice (DoJ) explained on Thursday.
The 29-year-old was the operator of Cardplanet, a site that facilitated the sale of payment card info including debit and credit cards mostly stolen from compromised computers.
If these data dumps contain enough key information, customers can create clone cards that can be used to make fraudulent orders. US prosecutors say that most of the stolen information related to united states citizens and over $20 million was pillaged from victim accounts due to the info traded on Cardplanet.
Cardplanet isn’t the only site that Burkov runs. The DoJ says he was also the operator of an invitation-only service where “elite” cybercriminals were permitted to sell more useful ‘products’ including personal identifying info (PII), hacking tools, and funds laundering services.
“To obtain membership in Burkov’s cybercrime forum, prospective members needed three existing users to “vouch” for their reputation among cybercriminals and also to provide an amount of cash, normally $5,000, as insurance,” prosecutors say. “These steps were designed to keep law enforcement from enjoy Burkov’s cybercrime forum and to make sure that members of the forum honored any deals made while conducting business on the forum.”
Burkov was arrested in Ben-Gurion airport, Israel, in December 2015. It was 2 yrs before an extradition request was granted by the Israeli courts, leading to two further years of appeals against the extradition order that were heard in both Israeli Supreme Courtroom and the Israeli High Court.
Finally, US prosecutors had their way, and Burkov was sent from Israel to the united states on November 11, 2019.
Sentencing is scheduled for May 8, 2020.