Russian businessman, others made millions in insider trading through hacking -U.S


Acting U.S. Attorney Nathaniel Mendell speaks to reporters after Vladislav Klyushin, a Kremlin-linked Russian businessman accused of participating in a multi-million dollar scheme to trade on insider information obtained through hacking, was extradited from Switzerland to the U.S., at the federal courthouse in Boston, Massachusetts, U.S., December 20, 2021. REUTERS/Brian Snyder

BOSTON (Reuters) - Five Russians including a Kremlin-linked businessman now in U.S. custody carried out a vast, $82 million insider trading scheme that allowed them to profit from corporate information stolen through hacking, U.S. authorities said on Monday.

Vladislav Klyushin, the owner of a Moscow-based information technology company that prosecutors said had extensive ties to the Russian government, was extradited on Saturday from Switzerland to face conspiracy, securities fraud and other charges in Boston.

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