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The US authorities have successfully extradited a Russian hacker – a 35-year-old male named Andrei Tyurin – for his alleged involvement in a massive IT-related financial fraud in the USA. He will soon face the judicial process an American court.

Tyurin and his gang of hackers stole personal data and other hacking activities between 2012 and 2015 on several organisations such as financial institutions, brokerage firms, financial news publishers and illegal online gambling. It is estimated that personal details of over 80 million people must have been comprised from a single financial institution in Manhattan.

Tyurin has allegedly made $18 million in profits from the activities.

The US officials claim that Tyurin used his hacking skills to help further an illegal gambling business through internet casino and international payment processors, which allowed other alleged thieves to process payments by credit or debit card, investigators said.

This was done for illegal pharmaceutical distributors, purveyors of malicious or counterfeit “anti-virus” software, their own internet casinos and an illegal bitcoin exchange.

His name has been linked with the notorious Affactive and Revenue Jet online casino and affiliate businesses which have been accused of prejudicing online punters and affiliates through no-pay tactics in the past, led by Israeli nationals Gery Shalon and Ziv Orenstein.

Shalon subsequently paid hundreds of millions to settle his issues with the US government.

On Friday, Manhattan US Attorney Geoffrey S. Berman said in a statement. “Today’s extradition marks a significant milestone for law enforcement in the fight against cyber intrusions targeting our critical financial institutions.”

“As Americans increasingly turn to online banking, theft of online personal information can cause devastating effects on their financial well-being, sometimes taking years to recover.”

FBI Assistant Director William F. Sweeney Jr. added: “Today’s charges and extradition should serve as a lesson to all those who would conspire to engage in similar activity that the FBI and our partners will continue to bring these hackers to justice, regardless of where they may hide.”

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