Briton among 36 indicted for running sophisticated international cyber crime ring

British resident Anthony Nnamdi Okeakpu was among 36 cyber criminals who were indicted by U.S. authorities for running Infraud Organisation, an international cyber crime ring that caused up to $530 million (£381 million) in actual losses since 2010.

At its height, the international cyber crime ring boasted over ten thousand registered members, targeted a wide swath of financial institutions, merchants, and private individuals, and intended to cause £1.5 billion in losses.

The U.S. Department of Justice announced yesterday that it indicted as many as 36 cyber criminals after it busted Infraud Organisation, a well-organised international cyber crime ring that boasted nearly eleven thousand registered members and routinely targeted financial institutions, businesses, and individuals for financial gain.