A Russian millionaire with ties to the Kremlin was convicted Tuesday of participating in an elaborate US$90-million insider trading scheme using secret earnings information from companies such as Microsoft that was stolen from U.S. computer networks.
Vladislav Klyushin, who ran a Moscow-based information technology company associated with the Russian government, was found guilty on all charges against him, including wire fraud and securities fraud, after a two-week trial in federal court in Boston.
Klyushin was also close friends with a Russian military officer who was among 12 Russians charged in 2018 with hacking into key Democratic email accounts, including those belonging to Hilary Clinton's presidential campaign chairman, John Podesta, the Democratic National Committee and the Democratic Congressional Campaign Committee. Ivan Ermakov, who worked for Klyushin's company, was a hacker in the alleged insider trading scheme, alleged prosecutors.
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