Security News > 2022 > May > New York Man Sentenced to 4 Years in Transnational Cybercrime Scheme

A 37-year-old man from New York has been sentenced to four years in prison for buying stolen credit card information and working in cahoots with a cybercrime cartel known as the Infraud Organization.

He joined the gang in August 2011 and remained a member for five-and-a-half years.

Infraud, a transnational cybercrime behemoth, operated for more than seven years, advertising its activities under the slogan "In Fraud We Trust," before its online infrastructure was dismantled by U.S. law enforcement authorities in February 2018.

The rogue enterprise dabbled in the large-scale acquisition and sale of compromised credit card data, personally identifiable information, and other digital contraband, enabling the trade of more than four million stolen credit and debit card numbers.

"The organization directed traffic and potential purchasers to the automated vending sites of its members, which served as online conduits to traffic in stolen means of identification, stolen financial and banking information, malware, and other illicit goods," the DoJ said at the time.

Telusma is the 14th member of the Infraud Organization to be sentenced in connection with the ??Infraud scheme.

News URL

https://thehackernews.com/2022/05/new-york-man-sentenced-to-4-years-in.html