A Mississauga man has been convicted in the United States in connection with what police are describing as a “sophisticated cybercrime” targeting social media accounts.
The Central Region RCMP’s Cybercrime Investigative Team said Cameron Albert Redman, 22, of Mississauga, unlawfully obtained access to a Twitter (X) “account management tool” in May, 2022 and subsequently made it available for purchase via an online forum.
“This access contributed to conspirators illegally gaining control over highly valuable digital assets called Non-Fungible Tokens, at a significant loss to the lawful owners of the stolen assets,” the RCMP said in a news release.
Police said, in the end, the accused and his co-conspirators defrauded more than 200 victims, most of whom were from the United States, out of $794,000.
Investigators said Redman left Canada and was later arrested by authorities in Portugal.
He was later extradited to the United States.
According to the court documents from the United States District Court - Eastern District of Virginia, Redman was found guilty of one count each of wire fraud and conspiracy to commit aggravated identity theft and two counts each of conspiracy to commit wire fraud, and sentenced on July 29 to 12 months and one day of jail time concurrently, and with credit for time served starting on Dec. 3, 2024, at a camp or a low security level facility in the United States. His term also consists of three years of supervised release with numerous conditions.
As for monetary penalties, Redman has been ordered to pay restitution to his victims in the amount of $248,257.07 as well as an assessment fee of $400 and a $60,000 fine, all of which are due during his period of imprisonment.
The RCMP worked collaboratively with the FBI on this case.
In the release, the RCMP said that its investigation has concluded.
