A resident of New Haven, Connecticut, was sentenced to a year of imprisonment after a profitable darknet phishing system. Michael Richo, 37 years, has managed to raise over $ 350.000 after hacking into more than 10.000 accounts belonging to dark internet users.
Richo Tech Phishing
Evidence provided to the court shows that Richo is specifically targeted at dark internet users
He used an automated computerized system that would send the user credentials after entering the premises. To attract people to his phishing plan, he created sites similar to Darknet's websites. It also created false link-like links created by other darknet users. Once unsuspecting users clicked on the link, they were transported to their website instead of the authentic website.
A prompt is displayed on the screen to which users are entering passwords which will be sent to Richo. In this way, his computer system allowed him to obtain the dark user web login credentials. This also allowed him to see how many Bitcoin chapters the dark web user had in his account and to track each transaction there.
Once Bitcoin wallet showed a deposit, Richo withdrew the money shortly before the account owner had the opportunity to use or convert them into cash. He then handed the stolen money to his own Bitcoin wallet or exchanged it on the currency markets to get the currency in exchange. He will then be linked to bank accounts under his name, from where he can access funds through international money transfer companies such as MoneyGram and Western Union or through debit cards such as Green Dot Cards.
The capture of Richo
Richo was arrested in October of 2016, after the authorities arrested him to steal identity cards and carry cryptocurrency to his wallet without the consent of the account holders. A home check revealed computers and other electronic devices used to obtain user passwords through malware. A variety of precious metals and coins were also found in his possession, which were reported to have been purchased using the money he stole from the victims' bills.
Richo was accused of identity theft, computer fraud and money laundering. At that time, Richo was to be sentenced to imprisonment up to 30 years if he had been found guilty of all charges against him. Earlier this month, he was referred to the New Haven judge where he was sentenced to 366 days of imprisonment. The judge also ruled that after his release, Richo will be monitored for a period of three years.