UPDATED 7:15 AM PT — Fri. February 9, 2018
The Department of Justice deals a major blow to cyber crime after successfully taking down a global enterprise.
This week, the DOJ announced charges against 36 members of the ‘Infraud Organization,’ who were allegedly responsible for more than $530 million in consumer losses.
The indictment is one of the largest undertakings in history as Infraud sold the personal information of millions on the black market.
13 people are now in custody, while the remaining defendants are awaiting extradition to the U.S.
They are facing charges of bank and wire fraud as well as money laundering and identity theft.