Crooked Cops, Stolen Laptops & the Ghost of UGNazi (Krebs on Security)
A California man accused of failing to pay taxes on tens of millions of dollars allegedly earned from cybercrime also paid local police officers hundreds of thousands of dollars to help him extort, intimidate and silence rivals and former business partners, a new indictment charges. KrebsOnSecurity has learned that many of the man’s alleged targets were members of UGNazi, a hacker group behind multiple high-profile breaches and cyberattacks back in 2012. A photo released by the government allegedly showing Iza posing with several LASD officers on his payroll. An indictment (PDF) unsealed last week said the Federal Bureau of Investigation (FBI) has been investigating Los Angeles resident Adam Iza. Also known as “Assad Faiq” and “The Godfather,” Iza is the 30-something founder of a cryptocurrency investment platform called Zort that advertised…