Chiochiu provided instructions to other Infraud members regarding the development, deployment, and use of malware to harvest stolen data. He admitted to authoring FastPOS, a strain of malware designed to breach computers processing payment card data from Point-of-Sale (POS) systems.
In February 2018, U.S. authorities seized and took down Infraud and arrested 13 of its members including Medvedev and Chiochiu. A grand jury in Las Vegas, Nevada, indicted them on racketeering conspiracy and other crimes.
DOJ is “committed to unmasking cybercriminals”
In a statement, DOJ Criminal Division Acting Assistant Attorney General Brian Rabbitt said, “Over the course of seven years, Infraud and its alleged conspirators created a sophisticated cybercriminal racketeering scheme that victimized individuals, merchants, and financial institutions to the tune of over half a billion dollars in losses. The Justice Department is committed to unmasking cybercriminals and their criminal organizations that use the internet for fraudulent schemes.”
