Tag: Financial Scams
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21,000 SIMs Discovered: CBI Dismantles Massive “Phishing Factory” in Operation Chakra-V
India’s Central Bureau of Investigation (CBI) has announced the arrest of three individuals suspected of orchestrating a large-scale network for distributing phishing SMS messages across the country. According to investigators, these messages were used to lure citizens into a range of cyberfraud schemes—from so-called “fake digital arrests” to credit and investment scams—designed to extract personal…
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Operation Heracles: German Authorities Dismantle Over 1,400 Illegal Domains Used for AI-Generated Trading Fraud
German authorities, in cooperation with the financial regulator BaFin, have dismantled more than 1,400 illegal domains across Eastern Europe that were being used to orchestrate large-scale trading fraud schemes. The operation, codenamed Operation Heracles, was led by the Baden-Württemberg State Police with the participation of BaFin, Europol, and Bulgarian law enforcement agencies. Its primary objective…