December 1, 2024 at 03:28PM Interpol’s Operation HAECHI V, funded by South Korea, led to over 5,500 anti-cybercrime arrests and seized over $400 million in assets from scams targeting various crimes. The operation, involving 40 countries, highlighted ongoing threats like romance scams and stablecoin thefts. Additionally, UK businesses lost £44 billion to cyberattacks in five … Read more
May 22, 2024 at 02:05PM Malachi Mullings, a Georgia resident, has been sentenced to a decade in prison for laundering $4.5 million obtained from scams targeting healthcare providers, private companies, and individuals. Facilitating business email compromise and romance scams, he defrauded victims, including elderly individuals, and used the money to make extravagant purchases while concealing … Read more
December 19, 2023 at 02:13PM ‘Operation HAECHI IV’ led to the arrest of 3,500 suspects for lower-tier cybercrimes, seizing $300 million in illicit proceeds. South Korea led the operation with 34 countries’ support. The operation targeted various cybercrimes, froze 82,112 bank accounts, and seized $199 million in hard currency and $101 million in digital assets. … Read more
October 26, 2023 at 01:57PM The Nigerian Police arrested six suspects involved in cybercrime, including scams such as business email compromise, romance scams, and investment schemes. They dismantled a cybercrime mentoring hub in Abuja and seized digital devices. The suspects confessed to participating in cybercrime activities like hacking, identity theft, and forgery. The authorities urge … Read more
October 26, 2023 at 12:05PM Nigerian police have arrested six men connected to a cybercrime recruitment and mentoring hub. The suspects, aged 19 to 27, have confessed to various cybercrimes such as identity theft, hacking, and trading of hacked Facebook accounts, among others. Intelligence reports suggest their involvement in more high-level cybercrimes. The investigation is … Read more