He was nabbed trying to withdraw money, using counterfeit
ATM cards around 9 p.m.
Konstantin Simeonov Kavrakov- “king of the hackers” as he is
popularly called was arrested in a joint operation between Interpol and local
police officials in the Philippines.
A Police spokesman said during a press conference that they
nabbed the suspect at the PS Bank branch at the corner of Scout Reyes Street in
Barangay Paligsahan, Q.C. He was trying to withdraw money using counterfeit ATM
cards around 9 p.m.
They recovered nine PPS Bank Quezon Avenue ATM branch
receipts and P76,570 in different denominations that the suspect withdrew from
the bank’s ATM, and assorted credit cards including a Citi Visa, Standard Chartered
MasterCard, Citibank MasterCard, Citi MasterCard, Citibank Visa, Eastwest Bank
Vice and a blank Gold card.
The police said that “Kavrakov’s arrest followed only after
Gates reportedly visited the International Rice Research Institute in Los
Baños, Laguna, while the Bureau of Immigration records show that a certain
William Henry Gates has been in the country before his arrival."
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