Ukrainian Police busted Phishing Gang that stole $4.33 Million
A cybercriminal group that created phishing sites to target European users was busted by the Cyber Police of Ukraine in conjunction with Czech law enforcement officials.
Ten additional members have been detained in other European Union countries, and two of those who have been arrested are thought to be organizers.
More than 100 phishing portals designed for users in France, Spain, Poland, the Czech Republic, Portugal, and other countries in the area are said to have been created by the suspects.
To trick unwary users into placing fictitious “orders,” these websites pretended to be online marketplaces offering products at drastically reduced costs.
In actuality, the financial details provided on those websites to complete the payments were used to steal money from the victims’ accounts.
The participants also established two contact centers, one each in Vinnytsia and Lviv, and included operators in their labor, according to the Cyber Police. They had the responsibility of persuading consumers to buy things.
The evil plan is thought to have deceived over 1,000 people, netting its operators about $4.33 million in illegal earnings.
Over 30 investigations were conducted by law enforcement as part of the investigation, and computers, SIM cards, and mobile phones that were used to conduct the activities were seized.
Criminal charges have been filed against the offenders, who could receive a sentence of up to 12 years in prison.
The police detained the two suspects for questioning because they thought they were the leaders of the criminal group who were arrested in Ukraine.
The people who were detained are now being charged with crimes under Article 190, Section 4 (fraud), and Article 255, Section 1. (establishment, leadership of a criminal community or criminal organization, as well as participation in it).
Ten more members of the phishing group were apprehended in other European nations and are currently being interrogated.
Author: Sanghamitra Sethy