Andrew Shenkosky was sentenced to 60 months for wire fraud and aggravated identity theft. DOJ alleges he bought nearly 2,500 stolen login credentials from a dark-web marketplace, used them for fraudulent financial transactions, and created a crypto account in a victim’s name.

The U.S. Department of Justice reported that Andrew Shenkosky received a 60-month sentence after convictions tied to wire fraud and aggravated identity theft. Prosecutors said Shenkosky obtained access credentials by purchasing nearly 2,500 stolen logins from a dark-web marketplace. DOJ alleges he then used those credentials to carry out fraudulent financial transactions, leveraging unauthorized access to target victims and move money in ways intended to disguise the fraud. The government also claims that Shenkosky created a cryptocurrency account under a victim’s identity to help finance or support the broader scheme. By combining stolen credentials with new accounts in victims’ names, prosecutors argued he exploited both identity theft and electronic communications to facilitate the fraudulent activity. The case reflects the intersection of cybercrime and financial fraud, particularly where stolen login data is sold at scale and used to breach or manipulate financial systems. DOJ said the conduct involved wire fraud and identity theft as part of an ongoing pattern of wrongdoing. The sentence highlights potential federal consequences for criminals who monetize stolen authentication data and use victims’ identities to route funds through modern financial channels.