A 27-year-old Russian national was given a sentence of more than three years in prison after it was determined that he had sold login passwords, bank account information, and other personally identifiable information (PII) on the now-defunct dark web marketplace, Slilpp.
A 27-year-old Russian national was found guilty of selling login passwords, financial information, and other personally identifiable information (PII) on the now-defunct dark web marketplace Slilpp and was sentenced to more than three years in prison. Earlier in February, Georgy Kavzharadze, 27, of Moscow, Russia, entered a guilty plea to one count of conspiring to commit wire fraud and bank fraud. Kavzharadze has been sentenced to 40 months in prison as well as $1,233,521.47 in compensation. It is estimated that between July 2016 and May 2021, the defendant—who also went by the online aliases TeRorPP, Torqovec, and PlutuSS—listed over 626,100 stolen login credentials for sale on Slilpp and sold over 297,300 of them on the black market.
The U.S. Department of Justice (DoJ) stated that “those credentials were subsequently linked to $1.2 million in fraudulent transactions.” 240,495 login credentials that would enable the buyer to exploit the information to steal money from the victim’s bank and online payment accounts were placed for sale on May 27, 2021, on Kavzharadze’s Slilpp account.” It is estimated that Kavzharadze sold credentials for at least $200,000, making illicit earnings. He was charged in August 2021 with aggravated identity theft, bank fraud, access device fraud, and conspiracy to commit bank fraud and wire fraud. After that, he was extradited to the United States to face the accusations.
Up until June 2021, when its infrastructure was removed as part of a multinational law enforcement investigation including authorities from the United States, Germany, the Netherlands, and Romania, Slilpp was one of the biggest markets that specialized in the sale of login credentials. Since its launch in 2012, it has sold over 80 million login credentials to more than 1,400 businesses.
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