MOSCOW, May 23 (RAPSI) – Russian citizen Pavel Lunin has been arrested in Azerbaijan on suspicion of stealing multimillion sums of money from national banks with the use of information technologies, a joint statement of the country’s State Security Service and Chamber of Financial Market Monitoring reads.

He has been put in detention as well as his alleged accomplice, Ukrainian national Andrey Serb. Their accounts have been blocked, according to the statement.

Criminal cases over theft and illegal acquisition of computer information have been launched against the men.

According to Azerbaijani authorities, law enforcement bodies revealed creation of several nominal companies used for committing cybercrimes in May. Multimillion sums were transferred from foreign accounts to local banks and then the money was sent to banks in CIS states. However, Azerbaijani banks were to return money to holders of foreign accounts because of illegitimacy of conducted transactions, and therefore incurred significant losses.

Infestation is underway, the statement reads.