Security News > 2020 > November > Former Microsoft Worker Gets 9 Years in $10M Fraud Scheme

Former Microsoft Worker Gets 9 Years in $10M Fraud Scheme
2020-11-10 01:41

A former Microsoft worker was sentenced Monday to nine years in prison for a scheme to steal $10 million in digital currency - money authorities said he used to buy a $160,000 car and a lakefront home.

Volodymyr Kvashuk, a 26-year-old Ukrainian citizen living in Renton, Washngton, was responsible for helping test Microsoft's online retail sales platform.

A federal jury convicted Kvashuk in February of tax, money laundering and fraud charges.

Much of the money was stolen using email accounts associated with other Microsoft employees.

Kvashuk used the money in part to buy a Tesla vehicle and a $1.7 million lakefront home.


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http://feedproxy.google.com/~r/Securityweek/~3/ow8IQGksG0A/former-microsoft-worker-gets-9-years-10m-fraud-scheme

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