A Russian-born tech entrepreneur has been extradited from Australia to the United States for conspiracy to commit wire fraud, wire fraud, aggravated identity theft, and conspiracy to commit money laundering. Eugeni Tsvetnenko covertly subscribed hundreds of thousands of cell phone users to a $9.99 per month recurring text message fee that the user did not want to subscribe to victims of the scheme received text messages about horoscopes, celebrity gossip and trivia facts. The scheme’s operators defrauded victims of approximately $41,389,725 and earned approximately $20 million in profits. At the same time, he faces charges related to a multi-million-dollar SMS consumer fraud scheme.
https://www.infosecurity-magazine.com/news/tsvetnenko-extradited-sms-fraud/
Dan Xu
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