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Ivan Sergiyovich Turchynov

Ivan Sergiyovich TurchynovIvan Sergiyovich TurchynovTurchynov

ALIASES: Іван Сергійович Турчинов, Иван Сергеевич Турчинов, “DSU,” “Vladimir Gopienko,” “Vitaly Turenko”, Иван Ильин, Ivan Ilyin 
DOB: June 11, 1987
NATIONALITY: Moldova/Romania/Ukraine
CITIZENSHIP: Moldova/Romania/Ukraine
HEIGHT: N/A
WEIGHT: N/A
HAIR COLOR: Blonde
EYE COLOR: Blue/green
U.S. SECRET SERVICE FIELD OFFICE: Newark / Headquarters – Cyber Investigative Section

CASE SUMMARY

The indictment in this matter alleges that, beginning on or about February 2010, Ivan Sergiyovich Turchynov and other co-conspirators engaged in an international computer hacking and fraudulent securities trading scheme whereby they: (a) hacked into the computer networks of Marketwired, PR Newswire, and Business Wire; (b) stole confidential press releases containing material non-public information from the victim companies’ internal computer networks prior to their public release; and (c) traded ahead of the material non-public information contained in the stolen releases before its distribution. During the course of the scheme, the co-conspirators accessed more than 150,000 stolen releases and executed profitable trades based on the material non-public information contained in the stolen releases. In total, the scheme generated more than $30 million in illicit trading profits.

Specifically, Turchynov, along with co-conspirator Oleksandr Ieremenko, conducted a series of sophisticated cyberattacks to gain unauthorized access to the victim's computer networks. The two hackers then moved through the computer networks and stole press releases about upcoming announcements by public companies concerning earnings, gross margins, revenues, and other confidential and material financial information. The hackers subsequently shared the stolen press releases with complicit traders.

On August 10, 2015, a federal grand jury in the District of New Jersey charged Turchynov with wire fraud, wire fraud conspiracy, securities fraud, securities fraud conspiracy, computer fraud, computer fraud conspiracy, aggravated identity theft, and money laundering conspiracy.

The prosecution is being handled by the U.S. Department of Justice Criminal Division’s Computer Crime and Intellectual Property Section (CCIPS) and the U.S. Attorney’s Office in New Jersey.

Relevant Links

The charges and allegations contained in the indictment are merely accusations, and the defendant is presumed innocent unless and until proven guilty.

If you have information regarding this individual, please contact the U.S. Secret Service at MostWanted@usss.dhs.gov.