FBI agents raided Rico’s home in November 2014, but he was not formally brought to trial until 2016.

The court then officially arrested the hacker and immediately released him on bail of $ 100 thousand, on the terms of constant supervision of his IT activities.

Last week, Rico officially pleaded guilty.

He will be sentenced on September 17, 2017. In general, he could face up to 30 years in prison: ten years for using technical devices for fraudulent purposes and 20 years for money laundering. Most likely, he will not be punished to the fullest extent due to his admission of guilt.

How the FBI agents figured out Rico is not exactly known. During the search, chat logs were found on his computer, where he boasted of his phishing achievements and earnings of up to $ 1 thousand per day.

He also boasted about the ability to use exploits, scanning, backdoors and creating a botnet from Windows computers.


Learn More →