Infraud Organization
Description
(Bank Info Security) The Infraud Organization ran an online forum dedicated to criminal activity that federal prosecutors claim had more than 10,000 members in March 2017. The site used the slogan ‘In Fraud We Trust,’ according to the Justice Department.
The gang that operated Infraud engaged in a variety of identity theft and financial fraud from October 2010 to February 2018, prosecutors say. It’s believed to be responsible for the sale or purchase of over 4 million compromised payment card numbers during that time, according to the court filing. The aim of the organization was to develop the ‘premier online destination for the purchase and sale of stolen property and other contraband’ that also serves as the source of other contraband vendors, according to the Justice Department.
The gang used advertising to direct web traffic from its website to other automated sites that were owned or operated by its members, helping other cybercriminals traffic in point-of-sale malware, banking Trojans, stolen payment card details and counterfeit identification, prosecutors say.
Names
| Name | Name-Giver |
|---|---|
| Infraud Organization | real name |
Country
Motivation
- Financial crime
- Financial gain
First Seen
2010
Observed Countries
Tools
Counter Operations
- 2018-02: Operation “Shadow Web” Thirty-six Defendants Indicted for Alleged Roles in Transnational Criminal Organization Responsible for More than $530 Million in Losses from Cybercrimes https://www.justice.gov/opa/pr/thirty-six-defendants-indicted-alleged-roles-transnational-criminal-organization-responsible
- 2020-06: Russian National Pleads Guilty for Role in Transnational Cybercrime Organization Responsible for more than $568 Million in Losses https://www.justice.gov/opa/pr/russian-national-pleads-guilty-role-transnational-cybercrime-organization-responsible-more
- 2020-07: Malware Author Pleads Guilty for Role in Transnational Cybercrime Organization Responsible for more than $568 Million in Losses https://www.justice.gov/opa/pr/malware-author-pleads-guilty-role-transnational-cybercrime-organization-responsible-more-568
Information
- https://www.bankinfosecurity.com/fastpos-malware-creator-pleads-guilty-to-federal-charges-a-14751
- https://en.wikipedia.org/wiki/Infraud_Organization
Other Information
Uuid
8dce2769-0cce-4166-a15b-872c64250170
Last Card Change
2020-08-02