Malware Author Pleads Guilty for Role in Transnational Cybercrime Organization Responsible for more than $568 Million in Losses

Cybercrime Organization Victimized Millions in all 50 States and Worldwide in One of the Largest Cyberfraud Enterprises Ever Prosecuted by the Department of Justice An author of malicious computer software and a member of the Infraud Organization pleaded guilty to RICO conspiracy. Valerian Chiochiu, aka “Onassis,” “Flagler,” “Socrate,” and “Eclessiastes,” 30, pleaded guilty before U.S. District Court Judge James C. Mahan in the District of Nevada. Chiochiu is a national of the Republic of Moldova, but resided in the United States during the period of the conspiracy. His plea came just over a month after the co-founder and administrator of Infraud, Sergey Medvedev of Russia, separately pleaded guilty on June 26. Sentencing for Chiochiu has been scheduled for Dec. 11.