Your Web News in One Place

Help Webnuz

Referal links:

Sign up for GreenGeeks web hosting
February 26, 2020 09:21 pm

Jury Convicts Ex-Microsoft Worker in Digital Currency Scheme

A jury on Tuesday convicted a former Microsoft worker of wire fraud and other charges in what prosecutors described as a scheme to steal $10 million in digital currency. From a report: The U.S. Attorney's Office in Seattle said 25-year-old Ukrainian citizen Volodymyr Kvashuk helped test Microsoft's online retail sales platform. He was accused of stealing digital currency such as gift cards that could be redeemed for Microsoft products, then reselling them on the internet and using the proceeds to buy a $160,000 Tesla vehicle and a $1.7 million lakefront home. He was fired in June 2018 after the scheme came to light. Prosecutors said that during the seven months of his activity, $2.8 million in bitcoin was transferred into his bank accounts.

Read more of this story at Slashdot.


Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/FFCYEqbQW58/jury-convicts-ex-microsoft-worker-in-digital-currency-scheme

Share this article:    Share on Facebook
View Full Article

Slashdot

Slashdot was originally created in September of 1997 by Rob "CmdrTaco" Malda. Today it is owned by Geeknet, Inc..

More About this Source Visit Slashdot