Dark Web’S Largest Cybercrime Group Members Busted For Causing Over $2.2 Billion Loss

A notorious cybercrime group has been hit by US law enforcement authorities after stealing over $530 million in several illicit operations and causing a loss of over $2.2 billion. 36 of its members have been indicted and are standing trial in the US.

The Dark Web group which is known as the 'Infraud Organisation' was established in 2010 by a 34-year-old man from Ukraine called Syyatoslav Bondarenko. The aim of the group was to promote the sales of stolen credit or other counterfeit information on the internet, and the motto of the group was 'In Fraud We Trust'.

 The group was involved in activities such as selling stolen credit card information, stolen banking information, computer malware, social security numbers, stolen identity and other illegal things.

Also Read: Anonymous Hack Group Hack The Italian Police Database, Deletes The Entire Archive

According to the indictment, the Infraud Organisation "engaged in the 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."

The indictment also added that the group also "provided an escrow service to facilitate illicit digital currency transactions among its members and employed screening protocols that purported to ensure only high-quality vendors of stolen cards, personally identifiable information, and other contrabands were permitted to advertise to members."


Tagged as one of the biggest ever cybercrime organisation to be prosecuted by the Department of Justice, the acting Assistant US Attorney General John Cronan said the group caused a loss of over $2.2 billion over their 7 years of operation.

 US law enforcement operatives have arrested 13 people from different countries including Australia, France, Italy, Kosovo, Serbia, the US and the UK and are waiting to be extradited. This operation took the combined efforts of law enforcement agencies from the US, the UK, France, Australia, Luxembourg and Italy.

The indictment revealed that they were around 10,901 registered members of this organisation as at March 2017. Members were assigned administrative roles that helped in moderating and facilitating the organisation's everyday criminal activities. Majority of the organisation members never met in person but only communicated using the internet.