Security News > 2020 > January > Russian Pleads Guilty in Virginia to Large-Scale Card Fraud
2020-01-24 06:19
A Russian national pleaded guilty Thursday to running a website that helped people commit more than $20 million in credit-card fraud.
Aleksei Burkov, 29, of St. Petersburg, Russia, entered the plea to charges including fraud and money laundering in a federal court in Alexandria.
An indictment accused Burkov of running a website called Cardplanet that let people buy stolen credit-card numbers for anywhere from $3 to $60. People used the numbers to make more than $20 million in fraudulent purchases.
Prosecutors say Burkov even offered a money-back guarantee if a stolen card number no longer worked.
In court Thursday, Burkov admitted to running a second website on an invite-only basis that allowed cybercriminals to sell stolen data.