Hackers detained in Romania over $1m fraud

Three hackers were arrested in Romania while trying to withdraw $1 million that prosecutors said they had illegally transferred from the accounts of Italian and US nationals.

The three suspects -- an Israeli, a Moldovan and a man with dual Moldovan and Ukrainian nationality -- belonged to an organised crime network specialising in cyberattacks and money laundering, prosecutors said on Sunday.

They are alleged to have hacked bank accounts in Italy and the United States and transferred more than $1 million (750,000 euros) into their own accounts.
FBI agents helped the Romanian investigators dismantle the ring.

On a visit to Bucharest last week, FBI director Robert Mueller praised cooperation with Romanian law enforcement authorities in the fight against hacking.

Romania is considered a hub of cybercrime, and several networks based here have been dismantled in the last few years, often with the help of US experts.
 

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