Interpol Intercepted $83 Million In Cybercrime Funds
Interpol intercepted $ 83 million belonging to victims of online financial fraud, preventing criminals from transferring this money to their accounts.
More than 40 law enforcement officers specializing in the Asia-Pacific region took part in the coordinated operation HAECHI-I, which lasted more than six months.
From September 2020 to March 2021, law enforcement agencies were engaged in the fight against cybercrime in the financial sector of five types: investment fraud, dating fraud, money laundering associated with illegal online casinos, extortion with threats to publish information of an intimate victim, and voice phishing.
NEW: The INTERPOL-coordinated Operation HAECHI-I saw 9 countries in Asia come together to fight online financial crime 👮♀️💻
1️⃣4️⃣0️⃣0️⃣ investigations opened
1️⃣6️⃣0️⃣0️⃣ bank accounts frozen
💲8️⃣3️⃣ million of illicit funds interceptedhttps://t.co/tq5OYAwQuE
— INTERPOL (@INTERPOL_HQ) May 27, 2021
For several months, law enforcement officers collected data on the activity of criminals, and as part of a number of joint operations, they managed to block the $ 83 million illegally acquired by fraudsters.
During Operation HAECHI-I, Interpol agents initiated over 1,400 investigations against cybercriminals in the Asia-Pacific region (Cambodia, China, Indonesia, Korea, Laos, the Philippines, Singapore, Thailand and Vietnam). Currently, 892 cases have already been solved, the rest of the investigations are ongoing.
“Online scammers are constantly trying to take advantage of the lack of borders on the Internet by attacking victims in other countries or transferring illegally acquired funds abroad. As the results of Operation HAECHI-I showed, online crime in the financial sector is global and can only be defeated through close international cooperation, ” said Ilana de Wild, Director of Interpol’s Organized and Emerging Crime Unit.
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