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Maryland Chapter 21 of Association of Certified Fraud Examiners

Russian Ransomware Administrator Pleads Guilty to Wire Fraud Conspiracy

04 Mar 2026 11:26 PM | Anonymous

A  43-year-old Russian national, administered the sale, distribution, and operation of Phobos ransomware. Phobos ransomware, through its affiliates, victimized more than 1,000 public and private entities in the United States and around the world, and extorted ransom payments worth more than $39 million. Authorities extradited the perpetrator from South Korea in November 2024, pled guilty in federal court to wire fraud conspiracy. US Attorney, District of Maryland


Maryland Chapter 21 of Association of Certified Fraud Examiners

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