The 33-year-old was previously sentenced by a U.S. court to 27 years in prison for 38 counts of wire fraud, hacking, identity theft, and payment card fraud.
Seleznev was pleading guilty to racketeering and conspiracy to commit bank fraud charges on September 7, now he received further 14-year prison sentence for the first charge in Nevada and another 14 years for the second charge in Georgia.
Seleznev must pay roughly $51 million in the Nevada case and more than $2.1 million in the Georgia case.
The overall sentence is added to the previous 27-year sentence.
Seleznev was one of the members of the criminal ring known as Carder.su focused on identity theft and credit card fraud. The hackers advertised his website on Carder.su offering stolen payment card data.
According to the US prosecutors, activities conducted by members of Carder.su caused $50,893,166.35 losses, roughly the same amount that Seleznev has been ordered to pay.
Authorities conducted a massive operation against members of the Carder.su community, they charged 55 individuals and 33 of them have already been convicted.
Seleznev admitted being a “casher” in the Georgia case, he withdrew cash using stolen bank account information. He was involved in a fraudulent activity against an Atlanta-based firm that processed credit and debit card transactions for financial institutions.
Crooks stole more than 45 million payment cards from the financial firm, then they used them to withdraw over $9.4 million from 2,100 ATMs in 280 cities worldwide in less than 12 hours.
Pierluigi Paganini is member of the ENISA (European Union Agency for Network and Information Security) Threat Landscape Stakeholder Group and Cyber G7 Group, he is also a Security Evangelist, Security Analyst and Freelance Writer.
Editor-in-Chief at "Cyber Defense Magazine", Pierluigi is a cyber security expert with over 20 years experience in the field, he is Certified Ethical Hacker at EC Council in London. The passion for writing and a strong belief that security is founded on sharing and awareness led Pierluigi to find the security blog "Security Affairs" recently named a Top National Security Resource for US.
Pierluigi is a member of the "The Hacker News" team and he is a writer for some major publications in the field such as Cyber War Zone, ICTTF, Infosec Island, Infosec Institute, The Hacker News Magazine and for many other Security magazines.
Author of the Books "The Deep Dark Web" and “Digital Virtual Currency and Bitcoin”.