December 5, 2024 at 07:09PM Charles O. Parks III pleaded guilty to running a large-scale cryptojacking operation that defrauded cloud service providers out of $3.5 million to mine nearly $970,000 in cryptocurrency. He used various aliases, abused services, laundered profits, and faces up to 20 years in prison upon sentencing. **Meeting Takeaways: Charles O. Parks … Read more
October 17, 2024 at 04:14PM Hong Kong police arrested 27 individuals in a deepfake scam that deceived victims out of $46 million. The criminals used AI technology to create fake personas for online dating, employing real-time deepfakes during video calls. Police seized equipment and funds, linked some recruits to the Sun Yee On crime gang. … Read more
September 30, 2024 at 06:00AM The Department of Justice and SEC charged British national Robert Westbrook, 39, with hacking into the systems of five US companies. He allegedly gained unauthorized access to executive email accounts, obtained nonpublic information, and profited from trading securities before public earnings announcements. He faces extradition and potential prison sentence, fines, … Read more
September 11, 2024 at 12:35AM India’s Ministry of Home Affairs announced plans to train 5000 “Cyber Commandos” over five years to combat cyber crime. Other initiatives include a Cyber Fraud Mitigation Centre, a cyber crime coordination platform, and a registry of suspected cyber criminals. The Indian Cyber Crime Coordination Centre will coordinate prevention efforts and … Read more
August 14, 2024 at 08:39AM A coalition of law enforcement agencies led to the arrest and extradition of a Belarussian and Ukrainian dual-national, Maksim Silnikau, associated with Russian-speaking cybercrime groups. Silnikau faces charges related to international computer hacking and wire fraud schemes, including ransomware strains and malvertising techniques. If convicted, he could face more than … Read more
July 17, 2024 at 02:35PM Operation Jackal III, a global law enforcement campaign targeting West African crime groups for online financial fraud, led to 300 arrests, identified 400 suspects, and blocked access to 700 bank accounts. Assets totaling $3 million were seized, weakening the influence of syndicates like Black Axe involved in cyberfraud, human trafficking, … Read more
July 17, 2024 at 09:00AM Interpol’s Operation Jackal III targeted West African criminal networks and resulted in the arrest of 300 individuals, seizure of $3 million, and the freezing of 720 bank accounts. The operation aimed to combat online financial fraud and syndicates operating globally. Notably, the Black Axe group, involved in various criminal activities, … Read more
April 16, 2024 at 11:00AM Omaha resident Charles O. Parks III, aka CP3O, was indicted by the US Department of Justice for allegedly running a large-scale cryptojacking operation. He allegedly set up accounts with cloud providers using fake identities, did not pay for computing resources, and laundered over $970,000 in cryptocurrency for extravagant purchases. Arrested … Read more
February 2, 2024 at 04:27PM Myanmar authorities have extradited 10 suspects to China for involvement in organized cyber fraud, money laundering, and human trafficking. Among them are heads of well-known crime families, including Bai Suocheng and Wei Chaoren. China’s Ministry of Public Security had targeted these “family crime syndicates,” highlighting their scams and fraudulent activities … Read more
January 15, 2024 at 10:33PM Global crime networks are utilizing autonomous territories in Southeast Asia to establish physical and online casinos, leading to a surge in money laundering, cyberfraud, and organized crime. The United Nations Office on Drugs and Crime (UNODC) highlighted this accelerating threat and emphasized the involvement of criminal groups in illegal online … Read more