Properties subject to seizure include a Singapore condominium unit and a Singapore-registered Ferrari.
SINGAPORE - A 35-year-old Chinese national has been arrested in Singapore for creating and operating a malware which resulted in a network of zombie computers that allowed cybercriminals to steal billions of dollars.
Botnets refer to malware-laced devices that have been hijacked by hackers, without the owners’ knowledge. “The 911 S5 Botnet infected computers in nearly 200 countries and facilitated a whole host of computer-enabled crimes, including financial frauds, identity theft, and child exploitation,” said Mr Christopher Wray, director of the Federal Bureau of Investigation.
They include Eternal Code in Singapore, which online business directory SGPBusiness.com records show was incorporated on December 30, 2020 and struck off on November 25, 2023.Court documents described the firms Wang registered as “shell companies he used to conceal the identity and illegitimate nature of his 911 S5 service and its related proceeds”.
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