Security News > 2020 > February > Former Microsoft Engineer Convicted of Insider Fraud

A former Microsoft software engineer was convicted this week on 18 federal criminal charges tied to stealing more than $10 million through the company's online retail platform, according to the U.S. Department of Justice.

Voldymyr Kvashuk, a Ukrainian resident who first worked as a contractor and then as a full-time engineer at Microsoft from 2016 to 2018, was found guilty on five counts of wire fraud, six counts of money laundering, two counts of aggravated identity theft, two counts of filing false tax returns, and one count each of mail fraud, access device fraud and access to a protected computer in furtherance of fraud, according to the U.S. Attorney's Office for the Western District of Washington, which oversaw the case.

In his fraud scheme, Kvashuk used not only his own email testing accounts, but accounts belonging to other Microsoft employees, according to the Justice Department.

At first, Kvashuk kept the thefts small, using his own accounts to steal about $12,000, according to federal prosecutors.

Over the seven-month period, about $2.8 million in bitcoin was transferred into Kvashuk's accounts, federal prosecutors say.

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https://www.inforisktoday.com/former-microsoft-engineer-convicted-insider-fraud-a-13793