Suspected Russian fraudster wanted by the US arrested in Thailand

Sergey Medvedev, a Russian man accused by the United States of founding online criminal network Infraud Organisation, has been arrested in Thailand and is facing extradition to the US. Infraud Organisation is said to have facilitated identity theft and fraud, allowing its members to trade financial information such as stolen credit card details. The US has stated that Infraud cost victims £380m between its founding in October 2010 and being shut down this month.

An official from Thailand’s Crime Suppression Division, Nuthapon Rattanamongkolsak, said that he expected Mr Medvedev, who has “no real job” in Thailand, to be extradited within a month.