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 U.S. government of billions of dollars, the Justice Department said. 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.
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