Man jailed over $1.6m StubHub hacking plot

Man jailed over $1.6m StubHub hacking plot

The leader of a $1.6 million hacking scheme that targeted StubHub has been sentenced to four to 12 years in a New York prison.

Vadim Polyakov, 32, was one of six men charged in July 2014 for his part in the crime ring, which stole personal data online and then used the information to buy tickets for concerts, sporting events and Broadway shows and resold them. Appearing at Manhattan Supreme Court, Polyakov admitted money laundering and criminal possession of stolen property.

Polyakov and his accomplices stole bank details from over 1,000 StubHub customers to buy more than 3,500 tickets to events including concerts by Justin Timberlake, Elton John and Jay Z. eBay-owned StubHub reimbursed those fans affected. 

Russian national Polyakov, who was extradited from Spain in 2015 to face the charges, agreed to forfeit $90,000 and equipment he used in the swindle, reports the New York Daily News.

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