Europol‑Backed Operation Leads to 34 Arrests in Black Axe Crime Network Bust
ID: 30d8c677-9695-5982-814a-619eeecce345
STIX ID: report--30d8c677-9695-5982-814a-619eeecce345
Feed Name: cybersecurityNews.com
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The Spanish National Police, with support from the Bavarian State Criminal Police Office and Europol, executed a coordinated operation against the Black Axe criminal organisation in Spain, leading to 34 arrests across multiple cities, frozen bank accounts and cash seizures, and disruption of money-mule recruitment; investigators estimate the network caused more than €5.93M in fraud losses.
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