A United States Court Sentence FIN7 Hacker to Five Years In Prison
As per the report, its was disclosed today that a United States court has finally reached a verdict on the case of a Ukrainian hacker. Denys Larmak was one of the famous FIN7 group that were responsible for stealing several credit and debit details.
Larmak was arrested in Bangkok, Thailand in November 2019 and was extradicted to the United States in May 2020. He’s been on trial since then until the most recent ruling. During a court procession in November 2021, Iarmak pleaded guilty to one count of conspiracy to commit wire fraud and one count of conspiracy to commit computer hacking.
The bar finally reached a verdict on Thursday 7, 2022, sentencing the hacker to five years in prison. Several actors have been credited for the success of the case including FBI’s Seattle Cyber Task Force, the National Cyber-Forensic and Training Alliance and also the Thai police force.
More on FIN7
The cartel is one of the most feared cyber groups as they have been responsible for several illegal acts. As per report, compromised millions of financial accounts, causing over a billion dollars in losses to Americans and costs to America’s economy.
Breaking this figure down, FIN7 are responsible for the theft of more than 20 million customer card records from over 6,500 individual point-of-sale terminals at more than 3,600 separate business locations in the U.S, costing the victims $1 billion in losses.
Interestingly, Larmak is not the only member of the group that has been sentenced to jail time. He is the third actor in this sect.
Previous United States Court Rulings
In 2021, the supervisor of FIN7 was sentenced to seven years in prison. Andrii Kolpakov pleaded guilty in November 2020 and faced up to 25 years behind bars. Spanish police arrested him in 2018, ultimately extraditing him to the U.S.
The verdict came in June 24 2021 and Kolpakov is currently in jail time.
