Security News > 2021 > March > US Sentences Russian, North Macedonian in Cyber Fraud Case

US Sentences Russian, North Macedonian in Cyber Fraud Case
2021-03-22 13:20

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.

"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.


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