Russian lawmakers son convicted in U.S. for hacking

Russian lawmakers son convicted in U.S. for hackingThe son of a member of Russia's parliament was convicted on Thursday in U.S. on charges for hacking into U.S. businesses in order to steal and sell credit card numbers. The affair had cost financial institutions more than $169 million.

A federal jury in Seattle found Roman Seleznev, also known as "Track2," guilty in 38 of 40 charges. They include nine counts of hacking and 10 counts of wire fraud.

Seleznev was convicted after a 10-year-long investigation by the U.S. Secret Service, the agency said. He was arrested in 2014 in the Maldives.

Seleznev, originally from Vladivostoc, is a son of Valery Seleznev, a member of the Russian Parliament.

Seleznev will be sentenced on December 2. According to his lawyer, he could face up to 40 years in prison and he still faces similar charges in federal courts in Nevada and Georgia.

Prosecution showed that from October 2009 to October 2013 Seleznev hacked into retail point-of-sale systems and installed malware to steal credit card numbers from businesses. Then he had sold the credit card information on various "carding" websites. Buyers in turn used the card numbers for fraudulent purchases, they said, causing 3,700 financial institutions to lose more than $169 million.

Prosecutors said that more than 2.9 million credit card numbers were stolen and sold. Also there were nearly 1.7 million stolen numbers on Seleznevs laptop together with evidence linking him to various servers, email and transactions in the scheme.
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