Wanted: Russian cyber fraudster Sergei Ivanov!

Russian citizen Sergei Ivanov is one of the most wanted cybercriminals. He is wanted by US authorities for his alleged involvement in a large-scale and long-running cybercriminal activity.

He is accused of laundering cyber money and allegedly creating and operating several Russian payment exchange services that facilitated tens of millions of dollars in financial activity related to fraud, extortion and the dark web drug market.

Key Points

Sergei Ivanov is one of the most wanted cybercriminals in the United States:

1. Significant Reward: The US State Department, in partnership with the US Secret Service, is offering a reward of up to $10 million for information leading to the arrest and/or conviction of Ivanov. In addition, the Department is offering a second reward of up to $1 million for information leading to the identification of any key leader (other than Ivanov) of the UAPS, PinPays, or PM2BTC transnational organized crime groups.
2. Most Wanted Listing: Ivanov is featured prominently on the United States Secret Service's Most Wanted List. His presence on this list, along with other high-level cybercriminals, underscores his status as a prime target for American law enforcement.
3. Serious Criminal Charges: Ivanov was charged with conspiracy to commit and aid and abet bank fraud and conspiracy to commit money laundering. These charges stem from his alleged involvement in an extensive cybercrime enterprise that spanned nearly two decades.
4. Scope of Alleged Criminal Operations: According to the US Department of Justice, Ivanov is accused of being one of the longest-serving professional cyber fraudsters known to the US government. His alleged criminal activities include laundering hundreds of millions of dollars for various cybercriminals, including ransomware operators and darknet marketplace sellers.

Given these factors, Sergei Ivanov is rightfully considered one of the most wanted fugitives from justice for committing cybercrimes by American authorities.

Alleged criminal activity

Ivanov is accused of being actively involved in money laundering, and his criminal career lasted about two decades. Its proposed activities include:

1. Laundered hundreds of millions of dollars worth of virtual currency for various criminal enterprises, including ransomware operators, initial access brokers, and darknet marketplace sellers1.
2. Acting as a payment processor for fraudulent merchants, including OFAC-designated Genesis Market.
3. Operate multiple payment processing services, including one that operates as UAPS.

International cooperation and additional measures

Efforts against Ivanov and his associated organizations include significant international cooperation:

Dutch police and the Dutch Fiscal Intelligence and Investigation Service (FIOD) have seized web domains and infrastructure associated with PM2BTC, UAPS and Cryptex.

The US Secret Service received court approval to seize domains associated with the UAPS and PM2BTC websites.

Call to action:

FinTelegram encourages readers who have any information about the whereabouts or activities of Sergei Ivanov to report it. Please submit relevant information via our secure reporting system Whistle42. Your cooperation can bring an alleged cybercriminal to justice and disrupt significant illicit financial transactions. Please remember that all information will be treated with the strictest confidentiality.