Brooklyn Man Sentenced to 4-12 Years for Phishing Scheme

Ronald Spektor, a 23-year-old Brooklyn resident, has been sentenced to 4 to 12 years in prison for a phishing and social engineering scheme. Over the course of a year, Spektor impersonated Coinbase customer support to deceive approximately 100 users into transferring their cryptocurrency to his wallets under the guise of account security threats. He stole nearly $15.94 million and laundered the funds through mixers and gambling platforms. Spektor pleaded guilty to 31 charges on September 2 and was ordered to forfeit over $500,000 in assets while paying nearly $16 million in restitution.