Former Engineer At Billionaire Robert Pera’s Ubiquiti Inc. Arrested For Stealing Data, Extortion

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Nickolas Sharp allegedly stole gigabytes of confidential data from the company and then extorted his former employer for $1.9 million

A former cloud engineer at Ubiquiti Inc., a wireless tech equipment company founded and owned by billionaire and NBA Memphis Grizzlies owner Robert Pera, was arrested on Wednesday in Oregon. The ex-employee, Nickolas Sharp, allegedly stole gigabytes of confidential data from the company and then extorted his former employer for $1.9 million for the return of the files.

“We allege Mr. Sharp created a twisted plot to extort the company he worked for by using its technology and data against it,” said Federal Bureau of Investigations Assistant Director Michael J. Driscoll, in a press release announcing his arrest. “Not only did he allegedly break several federal laws, he orchestrated releasing information to media when his ransom demands weren't met. When confronted, he then lied to FBI agents. Mr.

According to the indictment, three minutes before Sharp’s given deadline to the company at 11:57 P.M. on January 9, 2021, he wrote, “No BTC. No talk. We done here.” He then included a link to a publicly accessible folder that included the data he had stolen from the company.

 

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