Private Eye Gets Almost 7 Years for Hedge Fund Hacking Ring

(Bloomberg) -- A private investigator was sentenced in New York to 80 months in prison after he admitted to his role in a massive hacking ring that targeted hedge funds, short sellers and journalists.

Aviram Azari’s punishment was pronounced on Thursday by US District Judge John Koeltl in Manhattan. The 52-year-old Israeli had pleaded guilty in April 2022 to fraud and conspiracy to commit computer hacking, as part of a deal with US prosecutors.

Through an interpreter he expressed in Hebrew his “deep regret,” while noting he is worried for his relatives and friends in Israel, including his daughter, who is an officer in the Israeli Defense Force. Israel has been at war with Hamas forces in Gaza for more than a month.

“I take responsibility, full responsibility, for my actions,” Azari, dressed in tan prison garb, told the judge before his sentence was pronounced. He said he regretted it “with all my heart.”

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