BANGKOK • A Russian man accused of co-running an international cybercrime network shuttered in a US-led crackdown this week has been arrested in Bangkok and will face extradition, Thai police said yesterday.
Mr 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$530 million (S$705 million) in losses, the US authorities said.
On Wednesday, the US Department of Justice indicted 36 people on charges of racketeering conspiracy and other crimes for their roles in the crime syndicate. Thirteen defendants hailing from around the globe were arrested in the United States and six other countries - Australia, Britain, France, Italy, Kosovo and Serbia.