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Alleged International ID Theft Mastermind Caught

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An article in the August 10, 2007 edition of the Wall Street Journal by Cassell Bryan-Low reports that the U.S. Secret Service’s effort to pursue major cyber-crime figures has resulted in the arrest of a man that authorities rank among the largest international distributors of stolen bank-card information. He is a 24-year-old Ukrainian, named Maksym Yastremskiy, who authorities claim is responsible for tens of millions of dollars in losses world-wide. His arrest marks a small but symbolically significant step in law-enforcement agencies' battle against online identity theft.

With some I.D. Fraud theft dealing in increasingly large and valuable amounts of information, the Secret Service is stepping up efforts to hunt major players.

U.S. authorities are currently seeking to extradite Yastremskiy from Turkey where he was apprehended. 

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