Michael B. Faulkner

Michael B. Faulkner, known as by his pseudonym CygonX is an American business executive, author, and convicted cybercriminal. He is the founder of Crydon Capital.

Faulkner is best known for his high-profile 2010 arrest and 360 months prison sentence for various electronic and finance-related crimes in USA v Faulkner case. He is currently incarcerated at a Federal Correctional Institution, Forrest City Medium in Forrest City, Arkansas the United States.

Biography Born in 1973, Faulkner grew up in Dallas, Texas, United States. He is a college graduate and has a background in database engineering, IT infrastructure, and telecommunications.

Faulkner was the founder of a private equity firm, Crydon Capital Corporation, where he served as a chief executive officer. He was also a founder and owner of the VoIP company Premier Voice.

After a well-publicized pursuit, the FBI arrested Faulkner on January 15, 2010, at a private compound in Mexico on federal offenses related to charges of wire fraud. The FBI briefly believed Faulkner to have been killed during a border dispute in Honduras, and later discovered that Faulkner may have attempted to fake his own death.

He was first indicted in 2010. The indictment alleged persons involvement in cybercrime conspiracy using web hosting equipment and fraud of $15 million. Additionally, Faulkner was indicted with obstruction of justice. He was sentenced to 360 months in prison plus 36 months of supervised release and ordered to pay over $18 million in restitution. He further states that the network was designed to save his telecom clients money, and not to avoid the surveillance.