Cyber Scammer Confesses to Fraud Fueled by Cocaine, Whiskey

  • Case is part of multinational effort against cyber-trade fraud
  • Scheme was run out of call centers in Eastern European cities

An alleged accomplice of the cybercriminal "Wolf of Sofia" in court in Munich, Germany, on Nov. 23. 

Photographer: Matthias Balk/picture alliance/Getty Images

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An Israeli man confessed on Tuesday to helping to steal nearly $10 million from hundreds of victims of a sprawling cyber-trading scam headed by the so-called Wolf of Sofia, while under the influence of cocaine and whiskey.

The 45-year-old, who can be identified only as Tal-Jacki Z.F., owned up to duping investors from Germany, Austria and other nations via call centers operating from Eastern European cities, on day one of a trial in Munich.