INTERPOL-led crackdown arrests 5,800+, uncovers crypto laundering network

Source: The Block

An INTERPOL-led global anti-fraud operation involving 97 countries and territories resulted in the arrest of 5,811 individuals and the interception of $293 million in illicit assets. Operation First Light, which ran from Jan. 15 through Apr. 30, focused on combating social engineering scams, including business email compromise, sextortion, romance, impersonation, and investment scams, as well as associated money laundering activity, INTERPOL said in a statement this week. Over 142,000 victims were identified globally during the period, with 31,014 bank accounts blocked, 23,715 cases solved, 15,606 suspects identified, and 99 notices and diffusions issued. Full Story