Qendrim Dobruna, 27, was arrested in Germany and extradited to face justice for hacking into a US-based system used to process bank card payments for disaster relief to the American Red Cross.
The offense to which he pleaded guilty yesterday, carries a maximum 30 years in prison and a USD 1 million fine. He will be sentenced October 24.
More than 15,000 ATM transactions in 18 countries using the compromised prepaid card data resulted in USD 14 million in financial losses worldwide, US prosecutors said.
They hacked into American Red Cross prepaid card accounts, manipulated the balances and withdrawal limits, allowing associates across the world to take out almost limitless amounts of stolen cash from bank machines.
Dobruna was arrested in Stuttgart, Germany in March 2012 by German police then extradited to the United States.