Interpol Arrested 3,500 Suspects and Seized $300 Million

In a groundbreaking initiative spanning 34 countries, INTERPOL orchestrates Operation HAECHI IV, a relentless assault on online financial crime, yielding a formidable impact.

Interpol, short for the International Criminal Police Organization, is a global entity dedicated to fostering international police collaboration and enhancing global efforts in crime control.

Delivering a resounding blow to cybercriminals, this meticulously executed operation culminates in the arrest of nearly 3,500 individuals and the confiscation of a staggering $300 million in illicit assets.

Navigating through the intricate landscape of cyber-enabled scams, investigators focus on seven distinct categories, unraveling the threads of voice phishing, romance scams, online sextortion, investment fraud, money laundering, business email compromise, and e-commerce fraud.

INTERPOL’s Global Rapid Intervention of Payments

A key element in Operation HAECHI IV’s success lies in the adept utilization of INTERPOL’s I-GRIP system, empowering investigators to freeze suspicious bank accounts and virtual asset service provider (VASP) accounts associated with criminal activity.

A strategic collaboration between Filipino and Korean authorities led to the arrest of a notorious online gambling criminal, resulting in the dismantling of an illegal gambling network.

Operation HAECHI IV’s triumph extends beyond financial gains, acknowledging the emotional and psychological toll on victims of cybercrime. 

This operation aims to safeguard not only wallets but also the well-being of individuals affected.

Adapting to a Shifting Landscape: Emerging Threats Explored

In recognition of the ever-evolving nature of cyber threats, Operation HAECHI IV takes on emerging challenges, including investment fraud involving Non-Fungible Tokens (NFTs) and the incorporation of AI and deep fake technology into scams.

By issuing Purple Notices, INTERPOL proactively alerts member countries to emerging cyber threats, showcasing a commitment to staying ahead of the curve and safeguarding the public from evolving criminal tactics.