Georgy Kavzharadze, a 27-year-old from Moscow, Russia, has been sentenced to 40 months in prison for his role as a prolific seller of stolen financial information and personally-identifying information (PII) on the criminal online marketplace Slilpp.
The announcement was made by U.S. Attorney Matthew M. Graves and FBI Special Agent in Charge David J. Scott of the Washington Field Office Criminal and Cyber Division.
Kavzharadze, who used the online alias “TeRorPP” among others, pleaded guilty on February 16, 2024, to conspiracy to commit bank fraud and wire fraud. In addition to his prison sentence, U.S. District Judge Colleen Kollar-Kotelly ordered him to pay $1,233,521.47 in restitution.
Between July 2016 and May 2021, Kavzharadze listed over 626,100 stolen login credentials for sale on Slilpp, successfully selling more than 297,300 of them. These credentials were later connected to fraudulent transactions totaling $1.2 million. On May 27, 2021, his account on Slilpp had 240,495 login credentials available for purchase, allowing buyers to access and steal funds from victims’ online payment and bank accounts.
These credentials included accounts from banks in New York, California, Nevada, and Georgia. Kavzharadze accepted Bitcoin as payment for the stolen information. FBI investigations linked him to over $200,000 in withdrawals from his Bitcoin account, which were profits from his Slilpp activities.
In June 2021, the FBI, in collaboration with international law enforcement agencies, successfully dismantled Slilpp by seizing its infrastructure and domain names. The Slilpp database, which was seized during the operation, contained detailed records of transactions, vendor and customer information, and subscriber details. This included data from FBI undercover purchases made on the platform.
Kavzharadze was charged on August 24, 2021, with multiple offenses, including conspiracy to commit bank fraud and wire fraud, bank fraud, access device fraud, and aggravated identity theft. He was extradited to the United States and made his initial court appearance on May 18, 2022. Since his extradition, Kavzharadze has remained in custody.
