US offers record $3 million bounty for Russian hacker

The U.S. is offering its largest bounty in a cyber crime case ever for a Russian hacker on the FBI's Most Wanted List.

The State Department set the reward for Evgeniy Mikhailovich Bogachev at $3 million. Department officials believe he is the leader of a "tightly knit gang of cyber criminals" who created Gameover ZeuS - software that enables hackers to break into banks from Microsoft computers and steal massive amount of money.

More than 100 banks in 30 countries have fallen victim to the hacking ring.

Bogachev, who goes by the online aliases "lucky12345" and "slavik," was indicted by a federal grand jury in 2012 for bank fraud, conspiracy to violate the Computer Fraud and Abuse Act and aggravated identity theft. In 2014, another federal grand jury indicted him for charges including wire fraud, money laundering and computer fraud.

The U.S. Department of State explains on its website, "This reward offer reaffirms the commitment of the U.S. government to bring those who participate in organized crime to justice, whether they hide online or overseas."

Authorities believe Bogachev is at large in Russia.

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