Phishing gang behind millions in losses dismantled by police

Gandalf_The_Grey

Level 63
Thread author
Verified
Honorary Member
Top poster
Content Creator
Well-known
Apr 24, 2016
5,136
Members of a phishing gang behind millions of euros in losses were arrested today following a law enforcement operation coordinated by the Europol.

"A cross-border operation, supported by Europol and involving the Belgian Police (Federale Politie) and the Dutch Police (Politie), resulted in the dismantling of an organised crime group involved in phishing, fraud, scams and money laundering," the Europol announced on Tuesday.

The police officers apprehended 9 suspects after searching 24 houses in the Netherlands and seizing firearms and ammunition, jewellery, electronic devices, cash, and cryptocurrency.

According to the investigation, the group's members stole several million euros using banking credentials harvested as part of large-scale email, SMS, and mobile messaging phishing campaigns.

"These messages were sent by the members of the gang and contained a phishing link leading to a bogus banking website," Europol added.

"Thinking they were viewing their own bank accounts through this website, the victims were duped into providing their banking credentials to the suspects."