Nevada Court Sentenced 33-year-old Russian Sergei Medvedev To 10 Years In Prison For Cybercrimes

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The Justice Ministry said that Medvedev, "also known as Stealth, Segmed and Serge-Bear," pleaded guilty in court.

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Russian citizen Sergei Medvedev was sentenced by a court in Nevada to 10 years in prison for committing cybercrimes as part of a group, the damage from which amounted to $ 568 million, according to a statement released on Friday by the US Department of Justice.

"33-year-old Sergei Medvedev, also known as Stealth, Segmed and Serge-Medved, pleaded guilty in court to violating the law on [counteracting] racketeering and corruption organizations and was sentenced to 10 years in prison," noted in the message of the department.

The US Department of Justice named Sergei Medvedev one of the leaders of the Internet platform with the motto "In Fraud We Trust": an organization that was involved in the purchase, sale and distribution of stolen identification data, compromised bank cards, personal, financial and banking information. as well as malicious computer programs. Last summer, the Russian pleaded guilty in court on one of the numerous charges brought against him.

According to the prosecution, the Russian founded the Infraud Organization together with the Ukrainian Svyatoslav Bondarenko in November 2010.
"The Infraud Organization affected millions of people in all 50 states of the US. Its activities led to financial losses of $ 568 million," - noted in a press release from the US Department of Justice.
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