Bulgarian super-hacker, who once targeted Bill Gates, arrested in Quezon City

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Bulgarian National ‘Super-Hacker’ Arrested Again in Quezon City – www.plnmedia.com

Konstantin Simeonov Kavrakov, aged 31, is once again in the news: The Bulgarian is known to the Philippine National Police (PNP) as “the king of super-hackers.”

Kavrakov was arrested and jailed in Paraguay in 2011 for stealing thousands of dollars from the bank accounts of Bill Gates, the world’s richest man. This time, a sting operation was set up and Kavrakov was arrested in Quezon City on Thursday.

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The Kavrakov was caught in the act of withdrawing money using different counterfeit bank cards at an ATM in Quezon city at 9pm on Thursday.

Confiscated from the suspect were nine PSBank ATM cards, ATM receipts and assorted other credit cards. All the names associated with the cards are fictitious except for one and that account has already been closed by its legal owner.

Kavrakov has been staying in the country for almost a year now and is presently a resident of The Grass Hotel, Quezon City. He will be facing charges for violation of Republic Act #8484 (Access Device Regulations Act).

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The arrest of Kavrokov is part of a Special Project known as “Jugador” which is targeting groups of foreign nationals engaged in cyber crimes, including illegal online gambling, cyber fraud and a host of other fraudulent activities.

Authorities are checking the details of Kavrakov’s arrival in the Philippines and the places where he stayed. “We’re also looking at other possible companions of Kavrakov when he arrived in Manila,” said Villasanta.

Kavrakov, according to Interpol reports, has been engaged in ATM and credit card fraud and cloning since 2004. In June 2011, he was arrested for financial fraud, high-tech crime, forgery and commercial fraud in Paraguay.

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He is believed to be a member of the so-called Super Hacker Bulgarian Group or SHBG, which has been linked to many international cybercrime cases.

Authorities are looking at how Kavrokov was released for his numerous crimes in Paraguay, many are saying on other networks that his crimes were to heavy to have been released from prison.