German Police Disrupt Investment Fraud Crime-as-a-Service Outfit
Original title: Germany Busts 'Crime-as-a-Service' Investment Fraud Outfit
Europol-supported operation arrests seven suspects and seizes servers in Germany, Kosovo and elsewhere, disrupting a fraud operation affecting victims in over 50 countries.
German authorities led an international effort with Europol and Eurojust to dismantle a crime-as-a-service outfit that supplied fraudulent trading platforms and call centers to investment scammers. Investigators estimate losses exceeding 4 million euros. Seven suspects were arrested after raids on 17 locations.
Unconfirmed: The names of the specific criminal group or individuals arrested are not publicly detailed beyond the number of suspects.
- International operation involving 7 countries
- 100 servers seized
- Suspects arrested in Germany, Kosovo and North Macedonia
- Affects victims in more than 50 countries
- Victims
- investment fraud victims
- Organizations
- German Itzehoe Public Prosecutor's OfficeEuropol
From the original article
6 min read at darkreading.com
German police led a multinational probe that exposed an alleged crime-as-a-service provider supplying fraudulent trading platforms to investment scammers.
By Alexander Culafi · darkreading.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.