A former Microsoft engineer was jailed for nine years on 18 federal felonies for stealing more than $10 million in digital currency from his former employer and using the money to buy $1.6 million lakeside villas and $160, 000 Tesla cars. < / P > < p > volodymyr kvashuk, a 26 year old software developer / Ukrainian citizen, worked for Microsoft from 2016 to 2018, stealing the above digital currency using a test project on Microsoft’s online retail sales platform. Kvashuk, a resident of Renton, Washington, stole “currency stores” such as Microsoft gift cards and reselled them online. < / P > < p > kvashuk uses “bitcoin hybrid services” to try to mask the source of funds he transfers to bank accounts. He also uses test email accounts associated with other employees. < / P > < p > after seven months of illegal activity, kvashuk transferred about $2.8 million of bitcoin into his bank and investment accounts. He filed a fake tax form and said the bitcoins were gifts from relatives. Microsoft investigators were able to solve the case and confront kvashuk in May 2018. A month later, he was fired. During the five-day trial, according to the U.S. prosecutor’s office, kvashuk said he did not intend to deceive Microsoft and said he was working on a “special project for the company.”. < / P > < p > “stealing from your employer is bad enough, but stealing and making your colleagues liable seem to extend the damage beyond the scope of money,” U.S. prosecutor Brian Moran said in a statement. “This case requires complex technical skills to investigate and prosecute, and I am glad that our law enforcement partners and the U.S. attorney’s office have the skills needed to bring such criminals to justice.” < / P > < p > kvashuk was convicted in February. He was ordered to pay $8.3 million in damages and could be deported after serving his sentence. This is the first bitcoin case in the United States with a tax element. < / P > < p > “simply put, today’s verdict proves that you can’t steal money from the Internet and believes that bitcoin will cover up your criminal behavior,” Ryan Korner, special agent in charge of irs-ci, said in a statement. “Our complex team of cyber crime experts, assisted by irs-ci cyber crime, will track you down and pursue your misbehavior.” < / P > < p > kvashuk was convicted of five counts of wire transfer fraud; six counts of money laundering; two counts of serious identity theft; two counts of false tax returns; one count of mail fraud; one count of device access fraud; and one count of access to a protected computer for further fraud. Didi Qingju bicycle has entered 150 cities

By ibmwl