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09-11-2020 Microsoft Engineer sentenced 9 Years For Stealing $10M From Microsoft Company The defendant failed to hide his $10 million theft from Microsoft by using bitcoin. A former Microsoft software engineer from Ukraine was sentenced to nine years in prison after stealing more than $10 million in-store credit from Microsoft's online store.... The man, Volodymyr Kvashuk, took advantage of oversight when tasked with testing Microsoft's online retail sales platform. Though the sales software automatically prevented testers like Kvashuk from shipping physical products, it didn't block the acquisition of store credit. This allowed the 26-year-old Kvashuk to steal $10 million with a view to reselling it online for his own profit. Stealing $10 million of store credit Kvashuk tried to hold out what he thought was a watertight plan involving bitcoin. Between 2017-2018, the ex-Microsoft employee stole "currency stored value" (CSV) from his work platform within the sort of digital gift cards. He then proceeded to resell the CSV on the web via a bitcoin "mixing" service in an effort to cover the origin of the vast amounts of cash entering his checking account. In a particularly nasty move, Kvashuk even used test email accounts of other Microsoft employees to undertake to hide his tracks. The ex-Microsoft employee also filed a fake income tax return claiming the cash was a present from a relative. Over a period of two years, the defendant stole a complete of $10 million future credit. within the last seven months before being caught, he transferred $2.8 million in bitcoin to his checking account and purchased a $1.6 million lakefront home, and a $160,000 Tesla electric. 'No sign of remorse' Microsoft eventually became knowing what was happening Kvashuk reportedly didn't hide his first attempts at stealing store credit and fired the worker in 2018. In February of this year, the Department of Justice wrote, via Entrpreneur.com, that Kvashuk was "convicted by a jury of 5 counts of wire fraud, six counts of cash laundering, two counts of aggravated fraud, two counts of filing false tax returns, and one count each of fraud, access device fraud, and access to a protected computer in furtherance of the fraud." In the sentencing memo to the Court, prosecutors said, "Kvashuk used the proceeds to measure the lifetime of a millionaire, driving a $160,000 car and living during a $1.6 million waterfront home. Kvashuk’s scheme involved lies and deception at every step. He put his colleagues within the line of fireside by using their test accounts to steal CSV. instead of taking responsibility, he testified and told a series of outrageous lies. there's no sign that Kvashuk feels any remorse or regret for his crimes."
23 Inventions That Lazy People Will Love ||| Engineering Portal https://urlgeni.us/youtube/lazzy #lazy #inventions #lazyday #lazylife #invention #science #engineeringtech #lazymorning #interior4homes #interiorlovers
25 Most Interesting Engineering Designs round the World| Engineering Portal Here are a number of the foremost interesting engineering decisions from around the globe. The world is surrounded by many mind-blowing structures which required well thought out engineering decisions. Here we'll explore a couple of general samples of interesting engineering decisions, also, focusing on some specific examples. Please note that the subsequent list is way from exhaustive and is in no p...articular order. https://www.youtube.com/watch See more
What do you think? Source: @get.waste.ed @_byfusion_... . . . #byfusion #byblock #concrete #plastic #plasticwaste #plasticfree #recycle #recycling #mechanicalengineering #architecture #civilengineering #engineering #pollution #environment #environmental #recycled #houseideas #builder #building #masonry #construction #garbage #trash #waste #materialsengineering #materials #engineering #Technology #science See more
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