Eremenko Alexander Vitalyevich

Biography

2020: The State Department announced an award in $1 million for data on Eremenko and other hacker from Ukraine

On July 22, 2020 the U.S. State Department announced purpose of an award in the amount of $1 million to the one who will provide information which will help to arrest two citizens of Ukraine. Ukraintsev accuse of fraud and penetration into the database of Securities and Exchange Commission (SEC).

It is about Radchenko Artemas Vyacheslavovicha and Eremenko Alexander Vitalyevich. U.S. authorities brought charges to citizens of Ukraine in January, 2019. They are connected with participation in cracking of a system of collecting and data analysis (EDGAR) of Securities and Exchange Commission (SEC) therefore it was stolen thousands of files with confidential information. According to statements, as a result Ukrainians sold information, pursuing own mercenary aims. In general against hackers charges on 16 points - in addition to already mentioned are brought, accuse Ukrainians of fraud with securities and fraud using computer means.

The prosecutor's office of the State of New Jersey also brought to Radchenko charges. It was reported that it with accomplices cracked the closed databases of the American regulator, also abducted financial information of corporations, including data on profit, and then transferred it to exchange players. In three years hackers illegally received more than $4.1 million.

The State Department offers remuneration ($1 million) for information on two Ukrainian hackers

Cybercriminals do not observe and do not respect rule of law in one country. As their criminal communications are widespread worldwide, we welcome cooperation and coordination of all governments for the purpose of involvement of criminals to responsibility and for protection of innocent citizens worldwide — noted in State Department of the USA.

According to the investigation, Radchenko and Eremenko participated in the international fraudulent scheme behind which there was Vitaly Korchevsky. The federal court of Brooklyn sentenced him to 5 years of imprisonment with confiscation for collusion for the purpose of carrying out fraud with valuable to papers and computer cracking, collusion to the money muling purpose.

The USA announced an award within the TOCRP program which start took place in 1986. She along with the Program of remunerations for information on drug traffic allowed the authorities to make responsible already over 75 transnational criminals. The State Department provided as an award for information on criminals already over $130 million.

Control of programs of remunerations is exercised by Bureau on international issues of fight against drugs together with other departments of the country, including with Secret service of the USA, the Federal Bureau of Investigation, the Anti-Drug Office and also Immigration and customs service of the USA.^[1]

2019: Charges of cracking of the IT system of SEC and earnings of $4.1 million

In January, 2019 the American Ministry of Justice brought official charges to nine people in illegal enrichment as a result of cracking of the IT system of the U.S. Securities and Exchange Commission (SEC) — Electronic Data Gathering, Analysis and Retrieval (EDGAR).

The Ukrainian hacker Alexander Eremenko who as a result of the cyber attack which is carried out in 2016 stole the confidential information used then for earnings on the stock trading became the organizer of the scheme.

The Ukrainian hacker cracked the IT system of SEC and helped to earn to the trader from Russia

Defendants who appear in the accusatory protocol participated in the complex circuit of cracking and insider trade to deceive security markets and investors — the American prosecutor Craig Carpenito said. — They attacked SEC, using a series of difficult and continuous cyber attacks, stole thousands of confidential documents of EDGAR from servers of the Commission, and then sold internal information from these documents before it became known to the market, and all this at the expense of the average investor.

In addition to Alexander Eremenko, charges were brought to six traders from Ukraine, Russia and California and also to two legal entities. According to the investigation, accomplices managed to earn not less than $4.1 million due to cracking of EDGAR. Financial results of the companies, statements for merges and absorption and also other data which become public later are published in this system.^[2]

The commission asks court to sentence defendants to a penalty and payment of compensation which size is not specified. This group of persons is also suspected of theft of information from other websites, in particular news portals of Business Wire, PR Newswire and Marketwired.

Eremenko is also connected in the USA to similar criminal case. In its 2015 and some more dozens of suspects in absentia accused of theft of corporate data and participation in the fraudulent scheme which, according to the American authorities, brought to malefactors over $100 million.

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