A transnational police operation has resulted in the arrest of 3,500 alleged cybercriminals and the seizure of $300 million in cash and digital assets.
Interpol on Tuesday revealed the results of what it’s dubbed Operation HAECHI IV – a six-month effort that saw 34 nations cooperate, with funding from South Korea.
The operation, which concluded in December, targeted seven cyber-enabled scams: voice phishing, romance scams, online sextortion, investment fraud, money laundering associated with illegal online gambling, business email compromise fraud, and e-commerce fraud. The majority – about three quarters – of the crime investigated by the op was business email compromise, e-commerce fraud, and investment fraud.
