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Cyber Security

Hacker Who Stole Money From Bill Gates Arrested in Philippines

The 31-year-old man was arrested red-handed by the Philippine National Police while he was withdrawing cash from an ATM using fake cards. Police recovered seven cloned credit cards, nine PPS Bank Quezon Avenue ATM branch receipts, and P76,570 (US$1715) in hand. Police believe that Kavrakov is the head of an International network of cloning bank cards, which was actively working in U.S. and European countries from last 10 to 12 years. In 2011 he was jailed in Paraguay for hacking into the Bill Gates’ account in The Philippines’ densely-populated Quezon City.

Source: https://thehackernews.com/2015/04/bill-gates-hacked.html

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