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Thirty-six Indicted for $530 million in global cyber-crime losses

Joe Mont | February 8, 2018

A federal indictment, unsealed on Feb. 8,  charges 36 individuals for their alleged roles in the Infraud Organization, an Internet-based cybercriminal enterprise engaged in the large-scale acquisition, sale, and dissemination of stolen identities, compromised debit and credit cards, personally identifiable information, financial and banking information, computer malware, and other contraband.

Following the return of a nine-count superseding indictment by a Las Vegas, Nevada, grand jury alleging racketeering conspiracy and other crimes, federal, state, local, and international law enforcement authorities arrested 13 defendants from the United States and six countries: Australia, the United Kingdom, France, Italy, Kosovo and Serbia.

 “Today’s indictment and arrests mark one of the largest cyber-fraud enterprise prosecutions ever undertaken by the Department of Justice,” Acting Assistant Attorney General John Cronan of the Justice Department’s Criminal Division, said in...

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