Clip
Criminal and Civil Charges Announced in Broad-ranging Hacking and Securities Fraud Scheme
The SEC announced unprecedented international charges against Vitaly, Vlad, Alexander, and Leonid for a hacking and securities fraud scheme involving unlawful trading of a large number of securities generating profits, alongside charges of conspiracy to commit wire fraud and money laundering. The arrests of the co-conspirators took place in 2015 and some of them have pled guilty and cooperated with evidence production.