#IllicitFunds

West African Crime Syndicate Taken Down by Interpol Operation

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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

US Leads 40-Country Alliance to Cut Off Ransomware Payments

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October 31, 2023 at 03:43PM The US and 40 other countries plan to sign a pledge stating that they will never pay a ransom to cybercriminals. This initiative aims to cut off the funding for ransomware attacks. The US, being heavily affected by these threats, is leading the effort. The alliance will share information about … Read more