Chinese national busted, allegedly made millions helping criminals commit ID theft, fraud

Chinese National News

Chinese national busted, allegedly made millions helping criminals commit ID theft, fraud
ID TheftFraudBotnet
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Authorities arrested a Chinese national and say they disrupted a major botnet he ran for a decade, amassing $99 million in profits by reselling to criminals.

An international law enforcement team has arrested a Chinese national and disrupted a major botnet that officials said he ran for nearly a decade, amassing at least $99 million in profits by reselling access to criminals who used it for identity theft, child exploitation, and financial fraud, including pandemic relief scams .

The DOJ said in a news release that Yunhe Wang, 35, was arrested May 24. Wang was arrested in Singapore, and search warrants were executed there and in Thailand, the FBI’s deputy assistant director for cyber operations, Brett Leatherman, said in a LinkedIn post. Authorities also seized $29 million in cryptocurrency, Leatherman said.

The administrator, Wang, sold access to the 19 million Windows computers he hijacked — more than 613,000 in the United States — to criminals who “used that access to commit a staggering array of crimes that victimized children, threatened people’s safety and defrauded financial institutions and federal lending programs,” U.S. Attorney General Merrick Garland said in announcing the takedown.

Wang allegedly managed the botnet through 150 dedicated servers, half of them leased from U.S.-based online service providers.

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ID Theft Fraud Botnet Yunhe Wang Cryptocurrency Financial Institutions Pandemic Relief Scams

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