Man Sentenced for Stealing from PayPal Accounts in Wire Fraud Scheme

A Texas man was sentenced today to five years in prison followed by three years of supervised release for his conduct in connection with a scheme to buy 38,000 compromised PayPal account credentials from an illegal online marketplace, and then use those credentials to steal money from the rightful PayPal account owners. In addition to the term of imprisonment, the defendant was ordered to pay $1.4 million in restitution.

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