Sergey Medvedev co-founded Infraud, the largest organization that has united thousands of cybercriminals
Russia’s Sergei Medvedev was sentenced Friday by a court in Nevada County to 10 years in prison for cybercrimes related to a transnational hacker organization called the Infraud Organization, whose members are involved in buying and selling goods and services obtained through fraud, including identity theft and credit-card hacking. This is according to a report published on the website of the U.S. Department of Justice.
Medvedev, also known as Stells, segment, and serjeant, pleaded guilty in June to one count of conspiracy to commit extortion and was sentenced Friday to 10 years in prison.
According to court records, Medvedev and Ukrainian citizen Svyatoslav Bondarenko founded Infraud Organization and an online forum of the same name, designed to facilitate illegal transactions between criminals, in 2010 and operated the project until February 2018, when Infraud was blocked by law enforcement.
Medvedev was the site’s administrator, responsible for running it, making membership decisions, and punishing violators of Infraud’s rules.
On Friday, a Nevada court also sentenced Marko Leopard, a citizen of Northern Macedonia, to five years in prison. Leopard joined Infraud in 2011, offering his services to members of the organization who planned to set up smuggling websites.
The DOJ statement quoted Nicholas McQuade, acting assistant attorney general, as stressing that “the United States will hold abusers accountable even if they are working behind a computer screen on the other side of the world.” Homeland Security Investigations Special Agent Francisco Burrola pledged that U.S. law enforcement will continue to pursue covert illegal networks that threaten cyberspace.”
Infraud members and partners have worked around the world and in the U.S., including Las Vegas. With more than 10,000 members at its peak, the organization operated for more than seven years and the Infraud investigation was one of the largest such investigations ever conducted by the U.S. Justice Department. Members sold and purchased over 4 million hacked credit card numbers, and the actual losses associated with the organization’s activities exceeded $568 million.