34 year old Romanian citizen Nicolae Popescu is wanted for his alleged participation in a sophisticated online fraud scheme in which European-based conspirators posted ads on auction sites for fake merchandise for sale.
Once the 'sellers' sold the items, they sent invoices from what appeared to be legitimate sources with instructions to make payments to a bank account held by a members of the racket.
The FBI issued an arrest warrant for Nicolae Popescu on 20 December, 2012 after he was indicted on a variety of offences including money laundering, passport fraud and wire fraud.
Information leading to his arrest will be rewarded with the highest monetary award of any on the cyber most wanted list - the US Government is willing to pay up to US$1 million for such intel.
Image credits: FBI.