$3 million reward offered for Russian fugitive

Evgeniy Mikhailovitch Bogachev
Source: FBI

Meet the $3 million Russian cyber fugitive.

The FBI announced Tuesday a reward of up to $3 million for information leading to the arrest or conviction of Evgeniy Bogachev, who is accused of running a botnet called GameOver Zeus that allegedly stole more than $100 million from online bank accounts.

The agency said the alleged hacker is believed to be in Russia, and that he has high-society connections in his home country. Bogachev is "known to enjoy boating and may travel to locations along the Black Sea in his boat," the FBI wrote in his wanted poster.

The FBI said the reward is the largest ever for a U.S. cybercrime case. U.S. authorities first accused Bogachev in mid-2014.

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In a 2014 posting, the FBI described the botnet as "an extremely sophisticated type of malware designed specifically to steal banking and other credentials from the computers it infects." The agency said it was mostly spread through spam email or phishing messages.

GameOver Zeus is responsible for more than one million computer infections, leading to financial losses in excess of $100 million, according to the FBI.

Bogachev was indicted in 2012 under the name "lucky12345" by a federal grand jury in Nebraska. He was charged with conspiracy to participate in racketeering activity, bank fraud, conspiracy to violate the Computer Fraud and Abuse Act, conspiracy to violate the Identity Theft and Assumption Deterrence Act, and aggravated identity theft.

In May 2014 he was indicted under his own name by a federal grand jury in the Western District of Pennsylvania on charges of conspiracy, computer fraud, wire fraud, bank fraud and money laundering, according to his wanted poster.

—Reuters contributed to this report.