Global cyberfraud gang’s ‘co-founder’ arrested in Thailand


  • TECH
  • Friday, 09 Feb 2018

Masked cops armed with automatic weapons swooped on Medvedev's Bangkok condo on Feb 2, making the arrest before US justice officials indicted other alleged members of the ring.

BANGKOK: A Russian man accused of co-running a global cybercrime network shuttered in a US-led crackdown this week has been arrested in Bangkok and will face extradition, Thai police said. 

Sergey Medvedev, 31, is accused of co-founding the “Infraud Organisation,” an online network that stole and sold credit card and other personal identity data, causing US$530mil (RM2.08bil) in losses, according to US authorities. 

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