Russian Cybercrime Boss Burkov Gets 9 Years

A well-connected Russian hacker once described as “an asset of supreme importance” to Moscow was sentenced on Friday to nine years in a U.S. prison after pleading guilty to running a site that sold stolen payment card data, and to administering a highly secretive crime forum that counted among its members some of the most elite Russian cybercrooks. Continue reading Russian Cybercrime Boss Burkov Gets 9 Years

U.S. Arrests 13, Charges 36 in ‘Infraud’ Cybercrime Forum Bust

The U.S. Justice Department announced charges on Wednesday against three dozen individuals thought to be key members of ‘Infraud,” a long-running cybercrime forum that federal prosecutors say cost consumers more than a half billion dollars. In conjunction with the forum takedown, 13 alleged Infraud members from the United States and six other countries were arrested.

Started in October 2010, Infraud was short for “In Fraud We Trust,” and collectively the forum referred to itself as the “Ministry of Fraudulently [sic] Affairs.” As a mostly English-language fraud forum, Infraud attracted nearly 11,000 members from around the globe who sold, traded and bought everything from stolen identities and credit card accounts to ATM skimmers, botnet hosting and malicious software. Continue reading U.S. Arrests 13, Charges 36 in ‘Infraud’ Cybercrime Forum Bust

DOJ indicts leaders of cybercrime ring that allegedly stole $530 million

The U.S. Department of Justice arrested 13 cybercriminals from 17 countries, including the United States, from the Infraud dark web criminal carding and malware organization, the agency announced Wednesday. The group is charged with defrauding over $530 million from victims and $2.2 billion in losses, with the majority coming from crimes tied to identity fraud. A newly released indictment also names 23 other alleged members of Infraud who remain at large. In terms of scale of money stolen and international reach, the DOJ said Infraud is among the biggest in the world. “The sole purpose of the organization is the large scale acquisition and dissemination of stolen identities, compromised debit and credit cards, personally identifying information, computer malware and other products used to unlawfully enrich members and associates of the Infraud association,” Dale Eliason, U.S. Attorney of Nevada, said in a call with reporters. The alleged Infraud creator is Svyatoslav Bondarenko, […]

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Continue reading DOJ indicts leaders of cybercrime ring that allegedly stole $530 million