A US district court has sentenced a 27-year-old Muscovite named Georgy Kavzharadze to 40 months in prison for selling stolen bank data. This is reported on the website of the Prosecutor's Office of the District of Columbia.
The court found the prosecution's arguments convincing and agreed that Kavzharadze "actively sold" stolen financial information, credentials, and other personal identification information (PII) on a "criminal Internet marketplace called Slilpp." The Russian citizen was also ordered to pay damages in the amount of $1.2 million.
According to the prosecution, in the period from July 2016 to May 2021, Kavzharadze, acting under the pseudonym "TeRorPP", put up for sale over 626 thousand stolen login credentials. Of these, more than 297.3 thousand records were sold on the shadow market. This data could have been used to steal funds from the victims ' bank accounts. Kavzharadze accepted payment for the data sold in bitcoins. According to the FBI, he brought $200 thousand of profit from his activities to Slilpp, using cryptocurrency. Kavzharadze pleaded guilty.
• Source: https://www.justice.gov/usao-dc/pr/...selling-stolen-financial-information-criminal
Kavzharadze is also known as “George” and went by online monikers of “TeRorPP,” “Torqovec,” and “PlutuSS."In Cyrillic his name is GEORGY KAKHOVICH KAVZHARADZE.
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WASHINGTON-27-year-old Georgy Kavzharadze of Moscow, Russia, was sentenced today to 40 months in prison for being a major purveyor of stolen financial information, login credentials, and other personally identifiable information (PII) on a criminal Internet marketplace called Slilpp, U.S. Attorney Matthew M. Smith announced. Graves and the FBI Special Agent in Charge, David J. Smith. Scott is from the Criminal and Cyber Support Division of the Washington Office.
On February 16, 2024, Kavzharadze pleaded guilty to conspiracy to commit bank fraud and wire transfer fraud before U.S. District Judge Colin Kollar-Kotelli. In addition to the prison sentence, Judge Kollar-Kotelli ordered Kavzharadze to pay $ 1,233,521. 47 in compensation.
Kavzharadze is also known as " George “and used the online pseudonyms” TeRorPP, "“ Torqovec ”and"PlutuSS". In Cyrillic, his name is Georgy Kakhovich Kavzharadze.
According to court documents, between July 2016 and May 2021, Kavzharadze, using the name “TeRorPP”, listed more than 626,100 stolen login credentials for sale on Slilpp and sold more than 297,300 of them on the illegal marketplace. These credentials were subsequently linked to fraudulent transactions worth $ 1.2 million. On May 27, 2021, Kavzharadze's Slilpp account was put up for sale with 240,495 login credentials that would allow the buyer to use the information to steal money from the victim's online payments and bank accounts. The credentials included access to bank accounts located in New York, California, Nevada, and Georgia. Kavzharadze accepted bitcoins as payment for his credentials. An FBI analysis revealed Kavzharadze's involvement in withdrawing more than $ 200,000 of Slilpp's profits from his bitcoin account.
In June 2021, the FBI, in a coordinated effort with international law enforcement partners, disrupted Slilpp, seizing its infrastructure and domain names. The Slilpp database contained a wealth of historical information about Slilpp vendors, customers, and transactions, including information about subscribers and payments for individual accounts that were used to buy and sell login credentials through Slilpp. The database accurately reflected known Slilpp transactions and subscriber records, including purchases made under the cover of the FBI.
On August 24, 2021, Kavzharadze was charged with conspiracy to commit bank fraud and wire transfer fraud, bank fraud, access device fraud, and aggravated identity theft. He was subsequently extradited to the United States. His initial appearance took place on May 18, 2022 in the US District Court. Kavzharadze has been in custody since his extradition to the United States.
The case was being investigated by the FBI's Washington field office. Assistant U.S. Attorney Kristin Massey and Special Assistant U.S. Attorney Joseph Mischer are leading the prosecution. Paralegal Lisa Abbe, former Assistant U.S. Attorney Demian S. Ahn, and former paralegal Michonne Tarte provided valuable assistance.
The court found the prosecution's arguments convincing and agreed that Kavzharadze "actively sold" stolen financial information, credentials, and other personal identification information (PII) on a "criminal Internet marketplace called Slilpp." The Russian citizen was also ordered to pay damages in the amount of $1.2 million.
According to the prosecution, in the period from July 2016 to May 2021, Kavzharadze, acting under the pseudonym "TeRorPP", put up for sale over 626 thousand stolen login credentials. Of these, more than 297.3 thousand records were sold on the shadow market. This data could have been used to steal funds from the victims ' bank accounts. Kavzharadze accepted payment for the data sold in bitcoins. According to the FBI, he brought $200 thousand of profit from his activities to Slilpp, using cryptocurrency. Kavzharadze pleaded guilty.
• Source: https://www.justice.gov/usao-dc/pr/...selling-stolen-financial-information-criminal
Kavzharadze is also known as “George” and went by online monikers of “TeRorPP,” “Torqovec,” and “PlutuSS."In Cyrillic his name is GEORGY KAKHOVICH KAVZHARADZE.
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WASHINGTON-27-year-old Georgy Kavzharadze of Moscow, Russia, was sentenced today to 40 months in prison for being a major purveyor of stolen financial information, login credentials, and other personally identifiable information (PII) on a criminal Internet marketplace called Slilpp, U.S. Attorney Matthew M. Smith announced. Graves and the FBI Special Agent in Charge, David J. Smith. Scott is from the Criminal and Cyber Support Division of the Washington Office.
On February 16, 2024, Kavzharadze pleaded guilty to conspiracy to commit bank fraud and wire transfer fraud before U.S. District Judge Colin Kollar-Kotelli. In addition to the prison sentence, Judge Kollar-Kotelli ordered Kavzharadze to pay $ 1,233,521. 47 in compensation.
Kavzharadze is also known as " George “and used the online pseudonyms” TeRorPP, "“ Torqovec ”and"PlutuSS". In Cyrillic, his name is Georgy Kakhovich Kavzharadze.
According to court documents, between July 2016 and May 2021, Kavzharadze, using the name “TeRorPP”, listed more than 626,100 stolen login credentials for sale on Slilpp and sold more than 297,300 of them on the illegal marketplace. These credentials were subsequently linked to fraudulent transactions worth $ 1.2 million. On May 27, 2021, Kavzharadze's Slilpp account was put up for sale with 240,495 login credentials that would allow the buyer to use the information to steal money from the victim's online payments and bank accounts. The credentials included access to bank accounts located in New York, California, Nevada, and Georgia. Kavzharadze accepted bitcoins as payment for his credentials. An FBI analysis revealed Kavzharadze's involvement in withdrawing more than $ 200,000 of Slilpp's profits from his bitcoin account.
In June 2021, the FBI, in a coordinated effort with international law enforcement partners, disrupted Slilpp, seizing its infrastructure and domain names. The Slilpp database contained a wealth of historical information about Slilpp vendors, customers, and transactions, including information about subscribers and payments for individual accounts that were used to buy and sell login credentials through Slilpp. The database accurately reflected known Slilpp transactions and subscriber records, including purchases made under the cover of the FBI.
On August 24, 2021, Kavzharadze was charged with conspiracy to commit bank fraud and wire transfer fraud, bank fraud, access device fraud, and aggravated identity theft. He was subsequently extradited to the United States. His initial appearance took place on May 18, 2022 in the US District Court. Kavzharadze has been in custody since his extradition to the United States.
The case was being investigated by the FBI's Washington field office. Assistant U.S. Attorney Kristin Massey and Special Assistant U.S. Attorney Joseph Mischer are leading the prosecution. Paralegal Lisa Abbe, former Assistant U.S. Attorney Demian S. Ahn, and former paralegal Michonne Tarte provided valuable assistance.
