Security News > 2023 > March > Ukrainian cyberpolice busts fraud gang that stole $4.3 million

Ukrainian cyberpolice busts fraud gang that stole $4.3 million
2023-03-30 20:29

Ukraine's cyberpolice has arrested members of a fraud gang that stole roughly $4,300,000 from over a thousand victims across the EU. The crime group created over 100 fake "Phishing" sites targeting users in France, Spain, Poland, the Czech Republic, Portugal, and other European countries, enticing them with products below market prices.

Orders placed by the victims didn't correspond to actual purchases, while the threat actors stole credit card details they entered on the phony sites.

The Ukrainian police have conducted over 30 searches on the members' homes, call centers, and cars, confiscating computer equipment, mobile phones, and SIM cards for examination.

The two arrests made in Ukraine are believed to involve organizers of the criminal gang, so the police detained them for interrogation.

The arrested individuals now face criminal charges based on part 4 of Article 190 and part 1 of Article 255.

Another ten members of the phishing gang were detained in other European countries, where they are being questioned.


News URL

https://www.bleepingcomputer.com/news/security/ukrainian-cyberpolice-busts-fraud-gang-that-stole-43-million/