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06/03/2024

DOJ charged man with theft of $5.9 billion in Covid relief funds

Hays Post

WASHINGTON  —A Chinese national who amassed millions of hijacked residential IP addresses and facilitated billions of dollars in unemployment and pandemic relief fraud is in custody, according to the United State's Department of Justice.

A court-authorized international law enforcement operation led by the U.S. Justice Department disrupted a botnet used to commit cyber attacks, large-scale fraud, child exploitation, harassment, bomb threats, and export violations, according to a media release.

As part of this operation, YunHe Wang, 35, a People’s Republic of China national and St. Kitts and Nevis citizen-by-investment, was arrested on May 24 on criminal charges arising from his deployment of malware and the creation and operation of a residential proxy service known as “911 S5.”

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