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INTERPOL Operation Seizes $300 Million and Arrests 3,500 Suspects.

Authors :
Zagaris, Bruce
Source :
International Enforcement Law Reporter; 1/1/2024, Vol. 40 Issue 1, p37-39, 3p
Publication Year :
2024

Abstract

Interpol's Operation HAECHI IV targeted online financial crime and resulted in the arrest of approximately 43,500 suspects and the seizure of $300 million worth of assets across 34 countries. The operation focused on seven types of cybercrimes, including voice phishing, romance scams, investment fraud, and money laundering associated with illegal online gambling. Interpol used its Global Rapid Intervention of Payments (I-GRIP) mechanism to block criminal proceeds and freeze suspicious bank accounts. The operation also highlighted emerging threats such as the use of artificial intelligence and deepfake technology in scams. Interpol's efforts demonstrate the importance of international cooperation and public-private partnerships in combating cybercrime. [Extracted from the article]

Details

Language :
English
ISSN :
1063083X
Volume :
40
Issue :
1
Database :
Complementary Index
Journal :
International Enforcement Law Reporter
Publication Type :
Periodical
Accession number :
175177604