The US has announced a reward for information about suspected cybercrimes

A reward of up to $1 million has been offered for information about Artem Radchenko and Alexander Eremenko.

The US State Department on Wednesday announced a reward of up to $ 1 million for information that could lead to the arrest and conviction of Ukrainian citizens Artem Radchenko and Alexander Eremenko for participation in international organized crime, in particular – in cybercrime.

“Cybercriminals do not observe or respect the rule of law in any country,” said Secretary of state Mike Pompeo. – Since their criminal activities cover the entire world, we welcome the cooperation and coordination of all governments to bring these criminals to justice and protect innocent citizens around the world. The United States is committed to these efforts, mainly through the state Department’s transnational organized crime program (TOCRP), which is designed to help our law enforcement partners bring cybercriminals and other transnational criminals to justice.”

In January 2020, following an investigation by the US Secret service, Radchenko and Eremenko were charged with 16 counts, including securities fraud and computer fraud. The indictment alleges that Radchenko and Eremenko hacked the Securities and Exchange Commission’s (SEC) automated data collection, analysis, and retrieval system and stole thousands of confidential files that were then illegally sold for profit. The Commission also filed a civil lawsuit against Eremenko and other individuals and legal entities.

The award is announced as part of the TOCRP program, which, along with the rewards program for information about the drug trade, has brought more than 75 transnational criminals to justice since the plans were launched in 1986. The State Department has already paid more than $ 130 million in rewards for information leading to the capture of these criminals.

The reward programs are managed by the Bureau of international narcotics and law enforcement Affairs in close coordination with the US Secret service, the drug enforcement administration, the Federal Bureau of Investigation, US Immigration and customs enforcement, and other agencies.

“These actions demonstrate the state Department’s commitment to supporting law enforcement efforts and an interagency approach to fighting transnational organized crime,” Pompeo said.