A malware author pleaded guilty for his involvement in Infraud, a transnational cybercriminal organization that victimized millions of businesses and consumers across the United States.
On Friday, the U.S. Department of Justice (DOJ) said Valerian Chiochiu also known as “Onassis,” “Flagler,” “Socrate,” and “Eclessiastes,” pleaded guilty to conspiracy under the Racketeer Influenced and Corrupt Organizations (RICO) Act.
Chiochiu is a member of the Infraud Organization, a cybercriminal enterprise engaged in a large-scale acquisition, sale, and dissemination of stolen identities, compromised debit and credit cards, personally identifiable information, financial and banking information, computer malware, and other contraband. Infraud was responsible for more than $568 million in losses.
He is the second member of Infraud to plead guilty. The cybercriminal organization’s founder and administrator Sergey Medvedev, a Russian, pleaded guilty on June 26.
According to the Justice Department, Chiochiu is a citizen of the Republic of Moldova but he was residing in the United States when he participated in the conspiracy.