Russian National Sentenced to 70 Months For $4 Million Debit Card Fraud

A Russian national responsible for a debit card fraud scheme that cost his victims over $4.1 million in losses and drove one company out of business has been sentenced to 70 months in federal prison. Mikhail Malykhin, 36, will also forfeit about $1.3 million in cash, more than $22,000 in gift cards, several gold bars, and a 1966 Ford Mustang that the FBI previously seized from him.

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