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Russian man pleads guilty in U.S. to role in hacking scheme that targeted JPMorgan

Published 09/23/2019, 05:55 PM
Updated 09/23/2019, 06:01 PM
© Reuters.  Russian man pleads guilty in U.S. to role in hacking scheme that targeted JPMorgan
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By Brendan Pierson

NEW YORK (Reuters) - A Russian man pleaded guilty on Monday to U.S. charges he took part in a massive computer hacking scheme that targeted JPMorgan Chase (NYSE:JPM) & Co and other financial services companies.

Andrei Tyurin, 36, pleaded guilty in Manhattan federal court to six counts including wire fraud and computer hacking conspiracy, admitting that he illegally obtained the personal information of the companies' customers to find potential victims for fraudulent investment schemes.

He is scheduled to be sentenced on Feb. 13 by U.S. District Judge Laura Taylor Swain in Manhattan. He has agreed to forfeit more than $19 million as part of his plea.

His lawyer, Florian Miedel, declined to comment on the case.

Tyurin was arrested in the country of Georgia at the request of U.S. authorities last year, the latest of several people to be charged with taking part in the scheme.

JPMorgan disclosed that it had been hacked in 2014, saying it had exposed information associated with about 83 million customer accounts.

Other victims included E*Trade Financial Corp, Scottrade Inc and News Corp's Dow Jones & Co, publisher of the Wall Street Journal. Prosecutors said a total of more than 100 million customers of the hacked companies were affected.

Prosecutors had previously charged two Israeli citizens, Gery Shalon and Ziv Orenstein, along with an American resident of Israel, Joshua Samuel Aaron, in connection with the scheme.

Members of the conspiracy made hundreds of millions of dollars through criminal schemes using stolen information, prosecutors said.

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