A member of a Russian computer ring that fraudulently transferred $10 million from Citicorp to their own accounts in 1994 was sentenced Tuesday to 36 months in prison.

Vladimir Levin, 30, pled guilty in January to the fraud scheme in which Citibank customer passwords and codes were used to transfer funds to accounts ring members controlled in Finland, Germany, Israel, the Netherlands, and the United States.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.