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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. 

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.