Malefactors earned millions of euros by means of phishing and other fraudulent schemes.
The operation was carried out by the Belgian and Dutch police, supported by Europol. Police in the Netherlands arrested nine people - eight men and one woman, aged between 25 and 36 - and searched 24 homes in the country.
Police seized firearms, electronics, jewelry, cash and cryptocurrency from the suspects. An investigation has been launched by the Belgian authorities and the perpetrators arrested in the Netherlands will be handed over to Belgium.
According to the police, the suspects engaged in phishing and other Internet scams that helped them earn millions of euros. The cybercriminals sent victims emails, text messages and WhatsApp messages with a link to a fake bank website that was designed to collect the target's credentials. After collecting the data, the attackers gained access to the victim's bank account.
“The scammers used money mules to transfer and cash out funds from victims' accounts. Members of the group have also been involved in criminal cases of trafficking in drugs and firearms," Europol said in a statement.
The operation was carried out by the Belgian and Dutch police, supported by Europol. Police in the Netherlands arrested nine people - eight men and one woman, aged between 25 and 36 - and searched 24 homes in the country.
Police seized firearms, electronics, jewelry, cash and cryptocurrency from the suspects. An investigation has been launched by the Belgian authorities and the perpetrators arrested in the Netherlands will be handed over to Belgium.
According to the police, the suspects engaged in phishing and other Internet scams that helped them earn millions of euros. The cybercriminals sent victims emails, text messages and WhatsApp messages with a link to a fake bank website that was designed to collect the target's credentials. After collecting the data, the attackers gained access to the victim's bank account.
“The scammers used money mules to transfer and cash out funds from victims' accounts. Members of the group have also been involved in criminal cases of trafficking in drugs and firearms," Europol said in a statement.