In an operation lasting over five months, from the 28th of June to the 23rd of November, Interpol arrested almost 1000 suspects, seized $129,975,440 worth of virtual assets and almost 2,800 bank and virtual accounts linked to the investigated crimes were blocked.
The Purpose Of The Operation
The purpose of the operation was to intercept money and virtual assets linked to a wide range of cyber-enabled financial crimes and money laundering, assisting countries to recover and return illicitly obtained funds to victims.
The five-month operation “HAECHI III” targeted:
- voice phishing,
- romance scams,
- investment fraud,
- and money laundering associated with illegal online gambling
Law Enforcement Coordination
It was coordinated by INTERPOL’s Financial Crime and Anti-Corruption Centre (IFCACC) which supported 30 countries via their respective INTERPOL National Central Bureaus (NCBs).
“The success of this operation is based on two key elements for law enforcement, follow the money and cooperation via Interpol. We have highlighted the need for greater efforts to deprive criminals of their illegal gains and this operation has seen member countries doing just that,” said Jürgen Stock, Interpol’s secretary general.