
CNN
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A 35-year-old Chinese man has been arrested in Singapore, and millions of dollars in cars, watches and real estate have been seized as part of a blockbuster raid on a global cybercriminal network that defrauded the US government of billions of dollars, the Justice Department said Wednesday.
The Chinese man, YunHe Wang, is accused of helping assemble a vast network of infected computers, known as a botnet, that was used to carry out bomb threats, send child exploitation materials online and conduct financial fraud, among other schemes, the department alleges. Fraudsters used the botnet to submit tens of thousands of fake…