Gery Shalon Case | FinTelegram News

Category: Gery Shalon Case

December 11, 2020

Gery Shalon Case – Andrei Tyurin sentencing rescheduled to 7 January 2021

On December 3, 2020, the sentencing of the Russian hacker Andrei Tyurin should have taken place in New York. He is said to be a key accomplice of the Israeli mastermind Gery Shalon in the largest finance hack in U.S. history with more than 80 million stolen client data. Due to technical problems of the virtual court session, the sentencing session had to be stopped and has now been rescheduled for January 7, 2021.

December 11, 2020

Gery Shalon Case – Andrei Tyurin sentencing rescheduled to 7 January 2021

December 4, 2020

Shalon Case – Sentencing of Andrei Tyurin postponed due to technical problems

On Dec 3 the sentencing of the Russian hacker Andrei Tyurin should have taken place in New York. He is said to be a key accomplice of the Israeli mastermind Gery Shalon in the largest finance hack in U.S. history with more than 80 million stolen client data. The U.S. prosecutors ask the court for a prison-term between 15 to 20 years. Due to technical problems of the virtual court session, the sentencing had to be postponed.

December 2, 2020

Shalon Case – U.S. Prosecutors seek a 20-year prison term for Russian hacker!

Andrei Tyurin has been a co-conspirator of the Israeli Gery "Gabi" Shalon who carried out the biggest financial hack in U.S. history. In Sept 2019 Tyurin a/k/a “Andrei Tiurin,” pled guilty to computer intrusion, wire fraud, bank fraud, and illegal online gambling offenses in connection with this hacker attack. Allegedly, Tyurin was paid $19 million for his work, scheming with Shalon to destroy evidence that might lead to their apprehension. Prosecutors are seeking a prison term between 15 to 20 years.

September 24, 2019

JP Morgan hack – Gery Shalon’s co-conspirator Andrei Tyurin pleaded guilty to big-style financial crime

The Russian citizen Andrei Tyurin was arrested in the Republic of Georgia and extradited to the U.S. last year, faces hefty fines. He was pleading guilty to charges that he stole data on more than 80 million clients of JPMorgan Chase & Co. and other institutions that netted hundreds of millions of dollars in ill-gotten gains.

March 20, 2019

Bloomberg Report Confirms FinTelegram Findings In Gery Shalon Case

The Israeli Gery “Gabi” Shalon is the accused mastermind of one of the biggest cybercrime organization. He was arrested in July 2015 in Israel and..

Compliance Report: Sergey Mendeleev, Garantex, and Exved – The Rising Role of Crypto in Russia’s Sanctions Evasion Strategy

Sergey Mendeleev, a prominent figure in Russia's cryptocurrency scene, has played a central role in the establishment and operation of two key platforms—Garantex and Exved. These platforms have been instrumental in facilitating cross-border payments and crypto transactions, potentially serving as important tools for Russia’s sanctions evasion strategy. Mendeleev's growing influence in this space, coupled with Russia's evolving regulatory framework, positions him as a key player in Russia.

Russia’s New Crypto Strategy for Sanctions Evasion

Russia’s new crypto laws, allowing mining and international payments in digital currencies, are part of a broader strategy to evade Western sanctions and reduce dependence on the U.S. dollar. This move, led by the Central Bank of Russia (CBR), opens up new compliance risks for global financial institutions dealing with Russian entities. The new laws are set to take effect in September for cross-border payments and in November for crypto mining.

Secretive Cyprus Funds Used to Obscure Megayachts and Real Estate Linked to Sanctioned Russian Banker

A recent OCCRP investigation revealed that Cyprus-registered RAIFs were used to hide megayachts and real estate linked to sanctioned Russian banker Andrei Kostin. These secretive funds, managed by Inveqo, allowed clients to avoid disclosing their ownership, raising concerns about the effectiveness of sanctions and regulatory enforcement. The case highlights the challenges of ensuring transparency and preventing financial crime in the global investment landscape.

First-Ever Crypto Seizure in Scotland Under New UK Law

Crypto has undoubtedly become mainstream, particularly in the cybercrime sphere. In a first for Scottish law enforcement, £110,000 in cryptocurrency has been confiscated from John Ross Rennie following a violent robbery. Under new UK rules, police can now seize crypto assets without needing to make an arrest, highlighting a growing focus on tackling digital crime as incidents involving cryptocurrency continue to rise.

Former Lebanon Central Bank Governor Riad Salameh Charged with Financial Crimes

It was a long-expected move. The powerful former Lebanon Central Bank Governor Riad Salameh has been arrested and charged with embezzling $42 million in public funds, part of a broader $110 million fraud case. His detention comes amid ongoing domestic and international investigations into financial misconduct during his controversial three-decade tenure. In 2022, the European Union Agency for Criminal Justice Cooperation (Eurojust) froze assets worth €120 million tied to Salame.