A Russian national has been extradited to the United States, where he faces charges related to alleged involvement in the transaction of non-public information obtained from the United States computer network. The Department of Justice wrote in a press release that the plan generated tens of millions of dollars in illegal profits.
Vladislav Klyushin was arrested in Sion, Switzerland on March 21, 2021, and extradited to the United States on December 18. Access to computers, wire fraud and securities fraud.
According to the US Department of Justice, four other Russian nationals were also accused of participating in the operation. Ivan Ermakov, Nikolai Rumianchev, Mikhail Vladimirovich Ilzak and Igor Sergeyevich Sladeko The husband is still at large.
The fee document stated that the five people worked for M-13, an IT company headquartered in Moscow, which claimed to provide penetration testing and advanced continuous threat simulation. In addition, three defendants including Klyushin allegedly provided investment management services to investors through M-13 in exchange for up to 60% of profits.
Allegedly, between January 2018 and September 2020, the defendants agreed to trade the securities of these companies based on material non-public information (MPNI) about the earnings of these companies before the public financial results were announced. Allegedly, this information was obtained through unauthorized intrusion into the computer networks of two U.S. filing agencies, which are organizations where listed companies conduct quarterly and annual filings through the US Securities and Exchange Commission.
The accusation file stated that Klyushin and his co-conspirators gained access to the filing agent’s computer network and stolen data, which enabled them to understand the company’s performance and corresponding transaction methods.
read Full version of the U.S. Department of Justice Want more information.
