DoJ Indicts 14 North Koreans for $88M IT Worker Fraud Scheme Over Six Years
Dec 13, 2024
Cybercrime / Cryptocurrency
The U.S. Department of Justice (DoJ) has indicted 14 nationals belonging to the Democratic People's Republic of Korea (DPRK or North Korea) for their alleged involvement in a long-running conspiracy to violate sanctions and commit wire fraud, money laundering, and identity theft by illegally seeking employment in U.S. companies and non-profit organizations. "The conspirators, who worked for DPRK-controlled companies Yanbian Silverstar and Volasys Silver Star, located in the People's Republic of China (PRC) and the Russian Federation (Russia), respectively, conspired to use false, stolen, and borrowed identities of U.S. and other persons to conceal their North Korean identities and foreign locations and obtain employment as remote information technology (IT) workers," the DoJ said . The IT worker scheme generated at least $88 million for the North Korean regime over a span of six years, it's been alleged. In addition, the remote workers engaged in information th...