Ukrainian Hacker Raided After Stealing Press Release And Making About $30 Million

A 28 Year Old Ukrainian hacker, Name Vadym Lermolovych was raided after been said to have stolen Press releases that have not been Published, He makes as much as $30 Million selling out the Press Releases. Most especially when the Press releases include Corporate Earnings.

Also Read: A Russian Hacker Ordered To Pay $6.9 Million

press release

Newark, Federal Court In New Jersery, Lermolovych he admitted working with other Ukrainian hackers from 2010 to 2014 stealing about 150,000 Press releases, like PR Newswire, Business wire, MarketWired and so on. He's said to have been made millions selling Press releases.

Lermolovych was charged with Conspiracy to commit Wire Fraud, Conspiracy to Commit Fraud In Connection with Computers and Aggravated identity theft, He will faces up to 20 Years In Prison. The two other hackers have escaped and not yet captured.

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