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Bulgarian hacker falls in QC ops

A Bulgarian hacker who allegedly stole thousands of dollars from the accounts of Microsoft co-founder Bill Gates was nabbed in Quezon City. 
MANILA, Philippines - Authorities nabbed a Bulgarian man once jailed in Paraguay in 2011 for allegedly stealing thousands of dollars from the accounts of Microsoft co-founder Bill Gates during a sting operation in Quezon City.
Agents of the Presidential Anti-Organized Crime Commission (PAOCC) and the Philippine National Police Criminal Investigation and Detection Group arrested last Thursday night Konstantin Simeonov Kavrakov, 31, while withdrawing money using different counterfeit bank cards at the ATM machine of the PS Bank branch along Quezon Avenue.
Operatives seized from Kavrakov nine PS Bank ATM receipts, seven assorted credit cards, a gold blank card with black magnetic strips, a mobile phone; and a shoulder bag containing P76,570 in different denominations.
The suspect reportedly withdrew the cash from the bank’s ATM booth.
PAOCC executive director Reginald Villasanta said  Kavrakov is now facing charges for violation of Republic Act 8484 or the Access Device Regulations Act.
He said that Kavrakov's arrest  came in the wake of "Jugador," a PAOCC-initiated project targeting groups of foreign nationals engaged in cyber fraud and illegal online gaming.
He said that the operation was launched amid information from their foreign counterparts regarding the presence of Europeans who produce and use counterfeit ATM cards and other cybercrime activities in the country and other parts of Asia.
"We're also looking at other possible companions of Kavrakov when he arrived in Manila," Villasanta said.
Kavrakov, according to Interpol reports, is allegedly engaged in ATM/credit card fraud and cloning. In June 2011, he was arrested for banking and financial fraud, high-tech crime, forgery and commercial fraud in Paraguay.
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