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Nigerian Microsoft network engineer helped launder money

by on16 April 2018

Money was stolen using Reventon ransomware.

A Nigerian-born Microsoft network engineer is facing federal charges in Florida for helping launder cash obtained from victims of the Reventon ransomware.

Raymond Uadiale, 41, worked for Vole in Seattle since 2014, according to his LinkedIn page.

Florida investigators say that between October 2012 and March 2013, Uadiale worked with a UK citizen going online by the handle K!NG. K!NG would distribute and infect victims with the Reveton ransomware, while Uadiale would collect payments and send the cash to K!NG, in the UK.

Uadiale is accused of sending money from the US to the UK

The Reveton ransomware is one of the first screen-locking ransomware strains. Reveton operators asked victims to buy GreenDot MoneyPak vouchers, take the code on the voucher and enter it in the Reveton screen locker.

K!NG would deposit victims' GreenDot Mon  eyPak payments into debit cards Uadiale acquired under the fake name of Mike Roland.Uadiale allegedly laundered over $130,000

Uadiale would later convert these funds into the Liberty Reserve digital currency and send the proceeds to his UK partner, keeping 30 percent of the funds, part of his cut.

If found guilty on all charges, Uadiale risks a maximum sentence of up to 20 years in prison, a fine of up to $500,000, and up to three years of supervised release. Uadiale has been set free on a $100,000 bond.

Last modified on 16 April 2018
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