INTERPOL FINANCIAL CRIME CRACKDOWN NETS USD300 MILLION, LEADS TO 3,500 ARRESTS
January 10th, 2024
An Interpol police operation cracking down on online financial crime across 34 countries (1) worldwide led to 3,500 arrests and saw a total USD300 million seized - USD199 million in hard currency and USD101 million in virtual assets. The global agency’s six-month HEACHI IV operation, which ran from July to December 2023, targeted seven types of cyber-enabled swindles: voice phishing, romance scams, online sextortion, investment fraud, money laundering associated with illegal online gambling, business email compromise fraud and e-commerce fraud. “The seizure ...
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