Foreign cyber-criminals exposed and millions of stolen funds frozen

Baku. 23 May. REPORT.AZ/ The press service of the State Security Service and the Financial Markets Supervision Authority of the Republic of Azerbaijan (FIMSA) issued a joint statement.

Information received by Report notes that, there is also an increase in seizure of funds from banks in the modern era of banking information and transactions using organized information technologies.

In May 2018, information was received on the facts of material damage to local banks by creating various formal companies and opening bank accounts for them, transferring millions through the POS terminals of Azerbaijani banks from accounts of foreign banks to local bank accounts and further to various accounts in CIS countries, as well as the return of amounts of money unreasonably received by local banks to foreign citizens.

As a result of urgent measures taken by the State Security Service and FIMSA, Russian citizen Lunin Pavel Sergeevich and citizen of Ukraine Serb Andrey Borisovich were identified and detained. They were suspected of committing criminal acts. The funds in their bank accounts were frozen, the corresponding operations were prevented.

Criminal case was launched under articles 177 (Theft) and Article 272. (Illegal access to electron-computer information) of the Criminal Code of the Republic of Azerbaijan. Preventive measure in the form of arrest chosen against them.