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Members of ‘Black Axe’ cybercriminal group extradited from South Africa

Five Black Axe members extradited from South Africa face US wire fraud and money laundering charges over romance scams defrauding more than 100 victims.

Perry Osagiede, Franklyn Edosa Osagiede, Osariemen Eric Clement, Collins Owhofasa Otughwor and Musa Mudashiru, leaders of Black Axe's Cape Town branch, were extradited September 11 and appear before a federal judge in Trenton, New Jersey under a 2021 indictment. They ran romance scams from 2011 to 2021 that stole thousands of dollars from over 100 people, threatening to leak sensitive photos and laundering proceeds through South African companies; some funds also traced to business email compromise. Wire fraud and money laundering charges each carry up to 20 years. Treasury estimates $12.7 billion stolen from Americans since 2023 via overseas romance and investment scams.

The Recordupdated · 1d agofirst · 2d agoPolicy & legal 3 sources

LinkedIn fights for the right to tell customers when the feds want their data

Microsoft's chief legal officer argues federal subpoenas for LinkedIn user data should carry narrower scope and that secrecy orders must become the exception.

Microsoft chief legal officer Jon Palmer said federal courts and Congress must curb overly broad US government subpoenas for LinkedIn user data that arrive with secrecy orders preventing customer notification. The company is asking courts to enforce meaningful limits on demand scope and secrecy, invoking Fourth and First Amendment arguments. Palmer cited House legislation passed August 31 to rein in secret surveillance, while LinkedIn simultaneously faces user privacy lawsuits, one dismissed with leave to amend by Judge Vince Chhabria.

CSO Online · 9h agoPolicy & legal

Black Axe Members Extradited to US Over Internet Fraud Claims

Five alleged Black Axe leaders were extradited from South Africa to the US over romance scam and money laundering charges.

Five Nigerian nationals who allegedly led Black Axe's Cape Town zone were extradited to the US on September 11 and appeared in federal court in Trenton, New Jersey on September 14. The superseding indictment alleges romance scams, advance-fee fraud, BEC, and money laundering via US bank accounts between 2011 and 2021, using social media, dating sites, and VoIP, with coercion via threats to distribute victims' intimate photos. Charges include wire fraud and money laundering conspiracy carrying up to 20 years each, plus aggravated identity theft for three defendants.

Infosecurity Magazine · 1d agoPolicy & legal

Swiss court sentences 52-year-old Ukrainian ransomware dev to nearly 13 years in the cooler

Zurich court sentences Ukrainian ransomware developer to 12 years, 9 months for LockerGoga, MegaCortex and Nefilim attacks including Stadler Rail.

Zurich District Court sentenced a 52-year-old Ukrainian to 12 years and 9 months for developing LockerGoga, MegaCortex, and Nefilim ransomware, plus a 10-year ban from Switzerland; the verdict can be appealed. The operations hit over 1,800 victims across 71 countries with losses of several hundred million Swiss francs, including Stadler Rail (2020, $6 million Nefilim demand), Meier Tobler, and Crealogix. Alleged mastermind Volodymyr Tymoshchuk, indicted in the US and tied to at least 250 companies including Norsk Hydro, remains at large with an $11 million FBI bounty.

The Register · Security · 1d agoPolicy & legal