"Interpol Shuts Down African Cybercrime Group, Seizes $2 Million"

A recent cross-border investigation into West African cybercriminal groups has resulted in 103 arrests and the seizure of more than $2.2 million.   Operation Jackal was led by law enforcement agencies across 21 countries on six continents and targeted cybercrime groups such as the Nigerian criminal gang "Black Axe." The law enforcement agencies noted that the Black Axe group has a reputation for cyber-enabled financial fraud, particularly business email compromise, romance and inheritance scams, credit card and tax fraud, and money laundering.  Isaac Kehinde Oginni, director of Interpol's Financial Crime and Anti-Corruption Centre, called the operation a successful demonstration of international cooperation and a future blueprint for financial crime enforcement.  The operation began in May when $2.36 million was frozen or seized, 103 people arrested, 1,110 suspects identified, and 208 bank accounts blocked.

Dark Reading reports: "Interpol Shuts Down African Cybercrime Group, Seizes $2 Million"