Global Police Force Rescues 88 Victims and Seizes $257 Million in Massive Cybercrime Operation

Interpol announces 4,000 arrests and $257 million seized in 61 countries for online fraud

An international police operation has resulted in the arrest of nearly 4,000 people and the seizure of $257 million, as announced by Interpol on Thursday. The operation, conducted in 61 countries, also led to the freezing of 6,745 bank accounts and the identification of 14,643 additional suspects involved in various fraudulent activities.

The targeted crimes included investment fraud, fake shopping sites, phishing, identity theft, and sentiment scams. The operation, known as “First Light,” spanned several months and resulted in the seizure of approximately $135 million in fiat currency and two million dollars in cryptocurrency. Additionally, law enforcement agencies confiscated real estate, jewelry, and luxury cars valued at over $120 million.

According to Isaac Kehinde Oginni, the director of Interpol’s financial crime and anti-corruption center, this international police operation has safeguarded lives, prevented crimes, and contributed to a healthier global economy. Examples of successful outcomes from the operation include the recovery of 5.5 million Australian dollars for an identity theft victim in Australia and the rescue of 88 young individuals forced into fraud in Namibia.

In light of these impressive accomplishments, it is crucial to remain vigilant and informed about the dangers of online fraud and the importance of reporting suspicious activities to law enforcement agencies. The success of this operation highlights the effectiveness of international cooperation in combating cybercrime and protecting individuals from financial exploitation.

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