Ten cybercriminals were arrested by Europol this week and charged with stealing 100 US dollars in digital currencies. The criminals in question used a SIM-swapping technique to scam people.
According to the press release issued by Europol, the scammers were targeting wealthy people, online influencers, musicians, and sports stars and managed to steal 100 million US dollars through gaining access to their victims’ phones.
These arrests came after lengthy investigation involving multiple nations - Canada, the US, the UK, Belgium, and Malta – by local police, all coordinated by Europol.
Europol stated that “… the investigation uncovered how a network composed of a dozen criminals worked together to access the victims’ phone numbers and take control of their apps or accounts by changing the passwords,”
Source
The arrest is the first step, hopefully these criminals will be convicted as well.
According to the press release issued by Europol, the scammers were targeting wealthy people, online influencers, musicians, and sports stars and managed to steal 100 million US dollars through gaining access to their victims’ phones.
These arrests came after lengthy investigation involving multiple nations - Canada, the US, the UK, Belgium, and Malta – by local police, all coordinated by Europol.
Europol stated that “… the investigation uncovered how a network composed of a dozen criminals worked together to access the victims’ phone numbers and take control of their apps or accounts by changing the passwords,”
Source
The arrest is the first step, hopefully these criminals will be convicted as well.