An operation coordinated by INTERPOL saw enforcement agencies in more than 20 countries arrest more than 1,000 individuals and intercept a total of nearly USD 27 million of illicit funds, underlining the global threat of cyber-enabled financial crime.
India was one of the countries that participated in Operation HAECHI-II.
Codenamed HAECHI-II, the operation was conducted over four months from June to September. Specialised police units from 20 countries, including Hong Kong and Macau, took part in the exercise to target specific types of online fraud, such as “romance” scams, investment fraud and money laundering linked to illegal online gambling, according to the Interpol.
In total, the operation resulted in the arrest of 1,003 individuals and allowed investigators to close 1,660 cases. In addition 2,350 bank accounts linked to the illicit proceeds of online financial crime were blocked.
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