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Thursday, December 2, 2021

Russian ‘King of Fraud’ sentenced to 10 years in jail for Methbot digital advert scheme

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A Russian man convicted on wire fraud and cash laundering costs for his position within the Methbot digital advertising scheme was sentenced to 10 years in prison on Wednesday.

The Division of Justice stated between September 2014 and December 2016, Aleksandr Zhukov, 41, and a number of other co-conspirators made offers with advert networks to position on-line advertisements however used a bot farm and rented servers to simulate customers visiting spoofed variations of internet sites just like the New York Instances and the New York Every day Information. The advertisements have been by no means proven to human customers, however Zhukov raked in $7 million operating the pretend site visitors rip-off (which grew to become generally known as “Methbot,” after the title of his phony advert community Media Methane), in keeping with the DOJ.

“Sitting at his pc keyboard in Bulgaria and Russia, Zhukov boldly devised and carried out an elaborate multi-million-dollar fraud in opposition to the digital promoting trade, and victimized hundreds of corporations throughout the US,” US Legal professional Breon Peace stated in an announcement.

As a part of the frilly plan, Zhukov recruited programmers and others to assist construct the infrastructure that made the scheme doable. Authorities stated he referred to the recruits as his builders and to himself as “the king of fraud.”

In Might, a jury convicted Zhukov of wire fraud conspiracy, wire fraud, cash laundering conspiracy, and cash laundering. Along with the 10-year jail time period, Zhukov was ordered to pay $3.8 million in forfeiture.

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