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Police Arrest Suspects Behind €100 Million-a-Month Crypto Investment Scam Network

ID: 12a456ad-ed65-50d8-b8df-e039606c98e4

STIX ID: report--12a456ad-ed65-50d8-b8df-e039606c98e4

Feed Name: Cyber Press

Threat Score
70/100

Date Published: 2026-07-16

Date Updated: 2026-07-16

Author: Varshini

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Dutch and Belgian authorities, with Europol and other partners, dismantled an international cryptocurrency investment fraud network that allegedly stole roughly €100 million per month from victims worldwide. The group reportedly operated call centers with hundreds of employees and multiple offices, used social engineering and fake investment dashboards to build trust and manipulate victims into sending cryptocurrency, and several suspects have been arrested and extradited as the cross-border investigation continues.

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