Cybersecurity

Private Eye Gets Almost 7 Years for Hedge Fund Hacking Ring

  • Israeli Aviram Azari sentenced in hacking-for-hire conspiracy
  • Azari pleaded guilty over targeting of funds, short sellers
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A private investigator was sentenced in New York to 80 months in prison after he admitted to his role in a massive hacking ring that targeted hedge funds, short sellers and journalists.

Aviram Azari’s punishment was pronounced on Thursday by US District Judge John Koeltl in Manhattan. The 52-year-old Israeli had pleaded guilty in April 2022 to fraud and conspiracy to commit computer hacking, as part of a deal with US prosecutors.