Hacker who stole from Bill Gates got Arrested

A Bulgarian Hacker named Konstantin Kavrakov who hacked the ATM of the world’s richest man got arrested today in Philippines, according to the statement released by the Philippine National Police. He stole thousands of dollars by hacking the ATM’s of many victims.

He was arrested red handed by the Philippine National Police while he was withdrawing the money from a Bank using different fake cards. This is not the first time Konstantin Kavrakov got arrested. Previously he was arrested in 2011 and charged with high-tech crime, banking frauds,forgery and commercial frauds in Paraguay.

He hacked into the account of Bill Gates in 2011 and stole thousands of dollars since then he is on the hit list of many countries police. Investigators beleive that Konstantin Kavrakov is the head of a International network for cloning bank cards, which is active in U.S and Europe from last 10 to 12 years.

Konstantin Kavrakov was arrested by elements of the Criminal Investigation an Detection Group’s (CIDG) Anti-Fraud and Commercial Crimes Unit and Presidential Anti-Organized Crime Commission.

Benjamin Magalong the chief of the Criminal Investigation an Detection Group said in an statement that ” Kavrakov has been under surveillance operations by authorities. The suspect has been staying in the Philippines for almost a year now.During the arrest, the police seized nine ATM receipts from Kavrakov. The receipts were all dated April 9, 2015 and had total value of $1,725.Kavrakov was charged for violating the Access Device Regulations Act for using and producing counterfeit access devices.”

Ehacking Staff
With more than 50 global partners, we are proud to count the world’s leading cybersecurity training provider. EH Academy is the brainchild of Ehacking, which has been involved in the field of training since the past Five years and continues to help in creating professional IT experts.

Most Popular

The Complete OSINT Tutorial to Find Personal Information About Anyone

This article mainly focuses on how to discover a person's digital footprint and gather personal data by using open-source intelligence (OSINT). So, in its...

How to find the password of hacked email addresses using OSINT

Open-source intelligence or OSINT is a potent technique, and it can give a lot of valuable information, if implemented correctly with the right strategy...

How to Identify Company’s Hacked Email Addresses Using Maltego & HaveIbeenPawned

This article is part of the Maltego OSINT tutorial, where you will learn to identify the already hacked account, and it’s password using the...

5 Key Vulnerabilities in Global Payroll

The cyber threat against payroll is growing in sophistication and frequency, according to the latest FBI cybercrime report. Many of these attacks exploit fixable...