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Nearly 4,000 Arrested In Global Police Crackdown On Online Scam Networks

According to Interpol, nearly 4,000 people around the world have been arrested for a variety of online crimes, with $257 million in assets seized. The Record reports: The operation, dubbed First Light, was conducted by police officers from 61 countries and targeted phishing, investment fraud, fake online shopping sites, romance scams, and impersonation scams, according to a statement by Interpol. In addition to arresting thousands of potential cybercriminals, the police also identified over 14,600 other possible suspects across all continents.

During the searches, law enforcement seized suspects’ real estate, high-end vehicles, expensive jewelry, and many other high-value items and collections. They also froze 6,745 bank accounts used for transferring money obtained through illegal operations. In one case, the police intercepted $331,000 gleaned from a business email compromise fraud involving a Spanish victim who unknowingly transferred money to someone in Hong Kong. In another case, authorities in Australia successfully recovered $3.7 million on behalf of an impersonation scam victim after the funds were fraudulently transferred to bank accounts in Malaysia and Hong Kong.

The criminal networks identified during the operation were spread around the globe. In Namibia, for example, the police rescued 88 local youths who were forced into conducting scams as part of a sophisticated international crime network, according to Interpol. Law enforcement from Singapore, Hong Kong, and China prevented an attempted tech support scam, saving a 70-year-old victim from losing $281,200 worth of savings.

Read more of this story at Slashdot.

According to Interpol, nearly 4,000 people around the world have been arrested for a variety of online crimes, with $257 million in assets seized. The Record reports: The operation, dubbed First Light, was conducted by police officers from 61 countries and targeted phishing, investment fraud, fake online shopping sites, romance scams, and impersonation scams, according to a statement by Interpol. In addition to arresting thousands of potential cybercriminals, the police also identified over 14,600 other possible suspects across all continents.

During the searches, law enforcement seized suspects’ real estate, high-end vehicles, expensive jewelry, and many other high-value items and collections. They also froze 6,745 bank accounts used for transferring money obtained through illegal operations. In one case, the police intercepted $331,000 gleaned from a business email compromise fraud involving a Spanish victim who unknowingly transferred money to someone in Hong Kong. In another case, authorities in Australia successfully recovered $3.7 million on behalf of an impersonation scam victim after the funds were fraudulently transferred to bank accounts in Malaysia and Hong Kong.

The criminal networks identified during the operation were spread around the globe. In Namibia, for example, the police rescued 88 local youths who were forced into conducting scams as part of a sophisticated international crime network, according to Interpol. Law enforcement from Singapore, Hong Kong, and China prevented an attempted tech support scam, saving a 70-year-old victim from losing $281,200 worth of savings.

Read more of this story at Slashdot.

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