A few days ago, the Philippine authorities detained Bulgarian carder Konstantin Kavrakov, who is now accused of committing a number of cybercrimes. Part of the charges is withdrawing money from ATMs using fake credit cards. When withdrawing money from such a card, funds were withdrawn from the real duplicate card. Among the victims of Konstantin's actions is Microsoft founder Bill Gates.
Kavrakov was detained during an attempt to withdraw funds from a fake credit card from an ATM of PS Bank. During the arrest, carder was found to have several other credit cards (Citi Visa, Standard Chartered MasterCard, Citibank MasterCard, Citi MasterCard, Citibank Visa, East-west Bank Vice), plus a blank credit card, several checks for transactions and 76 thousand Philippine pesos (about 1,700 US dollars).
According to law enforcement officers, Kavrakov is a member of a group of Bulgarian cybercriminals. The Bulgarian joined this group in 2004. Members of the group were engaged in cybercrime activities in Europe, the United States,and other countries. It is worth noting that Kavrykov was arrested in 2011 in Paraguay, but then released (the reasons are now being clarified). The trail of crimes is quite long — there are banking and trading fraud, forgery of documents, bank cards, hacking of bank customer accounts. During his arrest in Paraguay, Kavrakov was found to have $ 90,000 in his possession.
Now the attacker is waiting for the Philippine authorities to move his case.
