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Old 06-20-2016, 03:22 PM
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Default Russian national Vadim Polyakov - Leader of international ticket-scamming ring takes plea deal

http://nypost.com/2016/06/20/leader-...kes-plea-deal/

Leader of international ticket-scamming ring takes plea deal
By Rebecca Rosenberg and Ross Toback
June 20, 2016 | 3:07pm | Updated


Vadim Polyakov in court on June 20.
Photo: Steven Hirsch


The leader of a $1.6-million international ticket-scamming ring admitted in Manhattan court Monday that he hacked into U.S. StubHub accounts and used the stolen information to buy tickets to major events like Jay Z concerts and Knicks games.

Russian national Vadim Polyakov, 32, pled guilty to money laundering and criminal possession of stolen property in exchange for 4 to 12 years in prison.

“Is it true that you knew the tickets were taken from StubHub holders accounts where people’s personal information was used to purchase those tickets?” asked prosecutor David Neeman.

“Yes,” he answered.

As part of the deal, he must also forfeit $91,500 contained in two PayPal accounts — a paltry sum compared to the dough the ring raked in.

Prosecutors had asked for more prison time, but Justice Melissa Jackson extended the offer over their objection. She also told Polyakov he’d likely be deported after serving his term.

But he didn’t seem to mind that prospect. “I’m looking forward to being deported and being reunited with my family,” Polyakov said through a Russian interpreter.

“Your wish my very well be granted,” the judge said sharply.

The cyber whiz was arrested in 2014 at a Barcelona hotel and extradited to New York.

The ring a hacked into more than 1,000 American StubHub accounts and used the stolen information to purchase more than 3,500 e-tickets to the city’s most sought-after entertainment. The group scalped tickets to Jay Z, Elton John and Justin Timberlake concerts and Broadway shows like “The Book of Mormon.”

The ring also bought and sold tickets to major sporting events, including Knicks, Nets, Giants and Rangers games and the U.S. Open between 2013 and 2014, court papers shows.

“Many foreign cybercriminals believe they can operate overseas with total impunity, but this case proves they can be held criminally responsible for their actions, which can have devastating consequences on thousands of victims at a time,” said Manhattan DA Cy Vance Jr.

Polyakov and Nikolay Matveychuk, 23, allegedly obtained the fraudulently purchased tickets.

Daniel Petryszyn, 30, Bryan Caputo, 31, Laurence Brinkmeyer, 31, all from New Jersey, allegedly helped to sell them off. Their cases are still pending.

The illicit proceeds of $1.6 million scheme were allegedly directed to multiple bank accounts to be laundered by Sergei Kirin, 39, of Russia and others.

Matveychuk and Kirin are still on the lam, authorities said.

Polyakov is expected to be sentenced July 6. His lawyer Charles Kaser declined to comment.

StubHub has since instituted safe guards to prevent the illegal take over of members’ accounts.
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