By Eduard Kovacs on October 24, 2014
A Bulgarian national was sentenced on Thursday to 30 months in prison for his role in an international conspiracy to operate the hacking and identity theft online marketplace called ShadowCrew.
Back in 2004, when it was dismantled by United States authorities, ShadowCrew was considered the largest online forum of its kind. The illegal online marketplace had as many as 4,000 members at one point, and it is said to have facilitated the trafficking of at least 1.5 million stolen payment cards, with losses of over $4 million caused to card issuers.
A total of 19 individuals from across the globe have been indicted for taking part in the conspiracy to operate the ShadowCrew website, one of which is 32-year-old Bulgarian national Aleksi Kolarov.
Kolarov was arrested by Paraguayan law enforcement authorities in the summer of 2011 while he was staying at a hotel in Asunción, Paraguay. When they made the arrest, officers found hundreds of thousands of dollars in various currencies, counterfeit payment cards, and devices used to forge cards in the suspects possession.
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