Interpol targets Black Axe’s illicit financial web in latest international sting
Interpol's Operation Jackal IV made 58 arrests across four continents, disrupting Black Axe money-laundering, BEC, and sextortion networks and seizing millions.
Interpol-coordinated Operation Jackal IV produced 58 arrests and identified 263 suspects across Africa, Europe and South America, targeting Black Axe and other West African organized crime financial networks. Romanian authorities dismantled a call-center investment scam valued at roughly 143 million euros, while South African police made 39 arrests, seized $2.67 million and blocked 257 bank accounts tied to romance and investment scams targeting retirees. Argentine investigators identified 196 people in a Crime-as-a-Service network supplying website domains and laundering support, and Interpol noted the groups' growing focus on sextortion of victims as young as 14.
- 58 arrests and 263 suspects identified across four continents targeting Black Axe
- Romanian call-center investment scam valued at about 143 million euros
- South Africa: 39 arrests, $2.67M seized, 257 bank accounts blocked
- Argentina identified 196 people in a Crime-as-a-Service laundering network
- Black Axe generates billions annually via BEC, AiTM scams and sextortion
- Threat actors
- Black Axe
- Countries
- South AfricaRomaniaArgentinaItaly
From the original article
3 min read at cyberscoop.com
The multi-country sting targeted Black Axe financial networks, seizing millions in assets and uncovering Crime-as-a-Service infrastructure across four continents.
By @gregotto · cyberscoop.com
A short excerpt; the article and its images belong to the publisher. Summary, key facts and assessment above are AI-written from the article and can be wrong.