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Hackers charged in New York for hacking bank computers, stealing millions of dollars

This man hacked into the email servers and computers of banks and brokerage firms in the US, causing more than 5 million USD in damage.

According to a complaint made public on May 10, Idris Dayo Mustapha, 32, and others scammed and used other means to obtain usernames and passwords and access bank accounts. online merchants and brokers from January 2011 to March 2018.

US prosecutors said that Lagos, a Nigerian and his accomplices initially transferred the victim’s money to their own accounts. As banks begin to block money transfers, the masterminds will conduct unauthorized stock trades in the banks hacked accountand make profitable trades with the same shares in their own accounts.

Hackers charged in New York for hacking bank computers, stealing millions of dollars - Photo 1.

The complaint cites an April 2016 conversation between Mustapha and an unnamed co-conspirator, a Lithuanian national, about whether to commit crimes. Unauthorized transaction or transfer funds from a broker’s account.

In a statement, Brooklyn attorney Breon Peace said Mustapha was “part of a gang that has caused millions of dollars in damage to victims by engaging in a range of activities.” Cybercrime“.

The US is trying to extradite Mustapha after he was arrested in August 2021 in the UK.

If convicted, Mustapha faces 20 years in prison for each count electronic fraudsecurities fraud and money laundering, plus two years in prison for aggravated identity theft.

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