An appeal by a convicted member of an international criminal cyber network rejected

An appeal by a member of an international cyber criminal network, Ukrainian citizen Andrey Borisovich Serb, who is under arrest in Azerbaijan, has been reviewed. As Report informs, the accused requested parole due to health problems.

According to the examination conducted in this regard, no grounds for the early release of Andrey Borisovich Serb were identified. At the meeting, a decision was made to reject his petition for parole.

Thus, in May 2018, the State Security Service of Azerbaijan, together with the Financial Market Supervision Authority, revealed that millions of funds were stolen from other people’s bank accounts using POS terminals received from Azerbaijani banks by creating fictitious companies and opening their bank accounts. These funds were transferred to local bank accounts and then to accounts in CIS countries, which resulted in material damage to local banks, which had to return illegally received funds to foreign citizens.

During the investigation, Russian citizen Pavel Lunin and Ukrainian citizen Andrey Serb, who are suspected of committing cybercrimes, were detained. The funds in their bank accounts were frozen, and the return of stolen funds in the amount of about 2 million manats was ensured.

The Baku Court of Grave Crimes sentenced both to 12 years in prison.

This post is also available in: Russian