A Whittier, California man is guilty of wire fraud in connection with his involvement in a scheme to defraud a software company of over $16 million.
A federal jury convicted Anthony Clark, 24, in Fort Worth, Texas, Wednesday of one count of conspiracy to commit wire fraud. Sentencing will be February 27.
Evidence presented at trial showed Clark and three co-conspirators defrauded software company Electronic Arts (EA). EA is the publisher of a video game called FIFA Football, in which players can earn “FIFA coins,” a virtual in-game currency generally earned based on the time users spend playing FIFA Football.
Due to the popularity of FIFA Football, a secondary market has developed whereby FIFA coins can end up exchanged for U.S. currency. Clark and his co-conspirators circumvented multiple security mechanisms created by EA in order to fraudulently obtain FIFA coins worth over $16 million.
Clark and his co-conspirators created software that fraudulently logged thousands of FIFA Football matches within a matter of seconds, and as a result, EA computers credited Clark and his co-conspirators with improperly earned FIFA coins. Clark and his co-conspirators subsequently exchanged their FIFA coins on the secondary market for over $16 million.
Co-conspirators Nick Castellucci, 24, of New Jersey; Ricky Miller, 24, of Arlington, Texas; and Eaton Zveare, 24, of Lancaster, Virginia, previously pleaded guilty and await sentencing.
The FBI and the Internal Revenue Service investigated the case.