Financial fraud: MEA arrests Ukrainian in the US

New Delhi: The Ministry of External Affairs has arrested Surgey Valeryevich Storchak, a dual citizen of Ukraine and Germany whose extradition was sought by the USA for his alleged complicity in financial frauds there.

Storchak, who was in judicial custody of a magistrate at Dwarka courts after being detained at the IGI Airport by immigration authorities, was produced before Additional Chief Metropolitan Magistrate (ACMM) Ajay Pandey in connection with the extradition proceedings initiated by the Ministry of External Affairs at the request of the USA.

The court allowed MEA to arrest Storchak in connection with the extradition case and fixed the matter for further proceedings on July 24.

Earlier, the ACMM had issued a production warrant against Storchak after allowing the plea of Naveen K Matta, special prosecutor of MEA, that his arrest was in the interest of justice.

MEA had also filed a copy of the order issued by a court in Southern District at California, along with the extradition request of the federal government of the USA.

The extradition request, signed by US Secretary of State Hillary Clinton, detailed the alleged "overt acts" committed by Storchak in California in 2005 and 2007.

"On or about July 21, 2005, fugitive Storchak possessed approximately 16, 123 unauthorised access devices (used in e-banking)," the USA said in its plea.

The fugitive criminal, on or about October 3, 2007, agreed to sell 64 stolen credit card account numbers to a purchaser in Southern District in California, the plea said.

The conduct of the accused affected the interstate commerce and the value of the fraud aggregated 1,000 USD, it said.