Pompeo announced a $1 million reward for information about two Ukrainian fraudsters

The U.S. State Department has announced a reward of up to $1 million for information about each of the two Ukrainian citizens – Artem Radchenko and Alexander Eremenko, who are accused of cybercrime and fraud. A statement to this effect was made by US Secretary of State Mike Pompeo on Wednesday, 22 July.

“Today the State Department is announcing a reward of up to $1 million for information that will lead to the detention and/or sentencing of any Ukrainian citizen: Artem Radchenko and Oleksandr Yeremenko for their participation in transnational organized crimes, in particular cybercrime,” the US State Department quoted him as saying.

In January 2020, as a result of the U.S. secret service investigation, the Ukrainians were charged with 16 counts. Among them is a conspiracy with the purpose of fraud with securities and money transfers, as well as the act of fraud itself.

According to the U.S. authorities, Radchenko and Eremenko broke into the system of processing data of the U.S. Securities Commission, stealing confidential files with the purpose of selling them.

The Securities Commission had previously filed a civil suit against these Ukrainian citizens, as well as against other individuals and companies. According to it, Radchenko and Yeremenko face up to 20 years in prison and $250,000 in fines.