Legal history has been made in Russia with the first prosecution of a foreign company for the use of illegal software according to a press release from the Department of Economic Security (DEB). The DEB statement does not name the company but refers to it as being ‘engaged in the production of electronic and household appliances’. Further sources report this to be the Russian division of LG Electronics. A search of the premises by officials...

U.S. District Court in Charleston Tuesday handed down a three-year prison sentence to Angella Muthoni Chegge-Kraszeski, 34, of Raleigh, NC. Having already served time behind bars Chegge-Kraszeski will spend the next 20 months in the federal prison after which she will be deported back to Kenya. Chegge-Kraszeski, and five other Kenyan nationals already serving time, all pleaded guilty to their various parts in the scam where bank accounts set-up in similar sounding names to existing businesses received over $3 million in re-routed money owed to...

The Moscow offices of the Russian Ministry of Internal Affairs, known as Service ‘K’, and the Economic Crimes police department report that they have smashed a gang of criminal hackers responsible for stealing more than 500 million rubles (US$16.25 million) in the last year. Goods in possession of the suspects were seized in the operation when around 20 addresses were raided in this joint operation. This huge scam was perpetrated by the Russian hackers through a series of actions. Firstly, unsuspecting victims' computers were infected with...