Connect with us

    Hi, what are you looking for?

    Security & Crime

    US Sentences Russian, Macedonian in Cyber Fraud Case

    The United States sentenced a Russian and a North Macedonian on Friday to prison for their roles in a vast cyber crime operation.

    Sergey Medvedev, 33, of Russia and Marko Leopard, 31, of North Macedonia, were sentenced to ten and five years respectively, according to a Justice Department statement.

    Both had previously pleaded guilty to criminal conspiracy in federal court in Nevada.

    Medvedev, arrested in Thailand in 2018, co-founded the “Infraud Organization,” a marketplace for “counterfeit documents, stolen bank account and credit account information, and stolen personal identifying information,” authorities said.

    Under the slogan “In Fraud We Trust,” the network — which had more than 10,000 members at its peak — was one of the top places to buy stolen information, leading to losses of more than $568 million.

    Leopard joined the network in 2011 and hosted websites for Infraud members who wished to sell illegal goods and services online, authorities said.

    “Today’s sentences should serve as a warning to any web host who willingly looks the other way for a quick buck — and that the United States will hold these bad actors accountable, even when they operate behind a computer screen halfway across the world,” Acting Assistant Attorney General Nicholas McQuaid said.

    (AFP)

    Spread the love
    Click to comment

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    ad

    You May Also Like

    Opinion

    By Ursula Fear, Senior Talent Program Manager at Salesforce The conversation about AI and the workforce has been dominated by one word: replacement. However,...

    News

    Federal Government has described as false, baseless, despicable and divisive reports claiming that terrorists operating in Nigeria are engaged in a systematic genocide against...

    News

    Russia has carried out one of the largest aerial attacks of the war on Ukraine, firing over 600 drones and missiles in a coordinated...

    World

    Cuba has announced the death of Assata Shakur, the American-born Black militant who lived as a fugitive for more than four decades after her...