Global Police Operation Nets $257 Million, Arrests 4,000 in Fight Against Online Fraud
In a major international police operation, nearly 4,000 people were arrested and $257 million was seized in an effort to combat online fraud. The operation, known as “First Light,” took place in 61 countries and resulted in the freezing of 6,745 bank accounts and the identification of 14,643 additional suspects involved in various fraudulent activities. The targeted crimes included investment fraud, fake shopping sites, phishing, identity theft, and sentiment scams.
The operation spanned several months and resulted in the seizure of approximately $135 million in fiat currency and two million dollars in cryptocurrency. Additionally, law enforcement agencies confiscated real estate, jewelry, and luxury cars valued at over $120 million. According to Isaac Kehinde Oginni, the director of Interpol’s financial crime and anti-corruption center, this international police operation has safeguarded lives, prevented crimes, and contributed to a healthier global economy.
Examples of successful outcomes from the operation include the recovery of 5.5 million Australian dollars for an identity theft victim in Australia and the rescue of 88 young individuals forced into fraud in Namibia. This impressive accomplishment highlights the importance of remaining vigilant and informed about the dangers of online fraud and reporting suspicious activities to law enforcement agencies. The success of this operation also underscores the effectiveness of international cooperation in combating cybercrime and protecting individuals from financial exploitation.
