A Russian national, who co-founded a global fraud operation that’s responsible for stealing more than $560 million from millions of victims was sentenced to a decade in jail on Friday, the Department of Justice announced.
Russian citizen Sergey Medvedev, 33, and Syvatoslav Bondarenko, who is from Ukraine, co-founded Infraud, court documents said, according to a Justice Department press release. Infraud, a worldwide criminal organization that engaged in financial fraud and stole identities, bragged about having more than 10,000 participants at its height, according to the press release.
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