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Ukrainian Pleads Not Guilty To U.S. Cybertheft Charges

A Ukrainian man pleaded not guilty October 19 to U.S. charges he orchestrated a scheme to steal computer users' online bank information and sell it on the black market.

Sergey Vovnenko, who allegedly used aliases like "Darklife" and "Centurion," was charged in April in a six-count indictment that was unsealed last week. He had been living recently in Naples, Italy before his arrest and extradition this month.

U.S. prosecutors in New Jersey allege that Vovnenko and co-conspirators hacked into the computers of an unnamed global financial institution with offices in New Jersey.

They allegedly stole user names and passwords for bank accounts and other online services, then used online forums to sell the information. They also allegedly used it to illegally access and withdraw money from bank accounts.

The indictment didn't estimate how much money the co-conspirators stole.

Vovnenko is charged with wire fraud conspiracy, unauthorized computer access, and aggravated identity theft.

He is being held without bail.

Based on reporting by AP