14 DAY TRIAL // Law enforcement agencies from various European countries, coordinated by Europol’s European Cybercrime Center (EC3), have dismantled a major international payment card fraud organization based in Latvia.
A total of 8 suspects have been arrested by police. Russian authorities had previously arrested other alleged members of the group.
Law enforcement from Spain, Lithuania, Bulgaria, Poland, Estonia, Sweden, the United Kingdom, Norway and Latvia have taken part in the operation codenamed FatBoy.
The criminals caused losses of hundreds of thousands of euros. Both consumers and organizations have been impacted.
They compromised payment card information from cash machines. The stolen data was used to make payments in the US, Thailand, the Dominican Republic and Mexico.
Authorities from various countries have cooperated in gathering evidence against the criminals, including financial information, online communications, bank transactions, CCTV pictures, and illegal equipment.