Former Microsoft Software Engineer Convicted of Fraud
The 25-year-old was convicted of 18 charges stemming from illegal access to money stored in online gift cards.
Volodymyr Kvashuk, a former Microsoft software engineer, has been convicted on 18 federal felonies. The conviction covers 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.
Kvashuk, 25, had been employed in testing Microsoft's online retail sales platform. He used the access associated with the testing process to steal the value found in online gift cards, ultimately making off with approximately $2.8 million. He used the proceeds to buy, among other things, a $1.6 million lakefront home and a $160,000 Tesla.
Sentencing in the case is scheduled for June 1. Kvashuk faces up to 20 years in federal prison.
Read moreĀ here.
Check out The Edge, Dark Reading's new section for features, threat data, and in-depth perspectives. Today's featured story: "How to Prevent an AWS Cloud Bucket Data Leak."
About the Author
You May Also Like
Harnessing the Power of Automation to Boost Enterprise Cybersecurity
Oct 3, 2024DevSecOps/AWS
Oct 17, 2024Social Engineering: New Tricks, New Threats, New Defenses
Oct 23, 202410 Emerging Vulnerabilities Every Enterprise Should Know
Oct 30, 2024Simplify Data Security with Automation
Oct 31, 2024