Europol dismantles 'CEO swindle' gang behind €38m fraud

Seized €5.1 million from bank accounts

clock • 3 min read
Europol dismantles 'CEO swindle' gang behind €38m fraud
Image:

Europol dismantles 'CEO swindle' gang behind €38m fraud

Europol has busted a criminal network engaged in France's largest-ever "CEO swindle."

The gang, based out of France and Israel, used business email compromise (BEC) attacks to redirect funds from companies to its own bank accounts. After a Europe-wide investigation, Europol has ...

To continue reading this article...

Join Computing

  • Unlimited access to real-time news, analysis and opinion from the technology industry
  • Receive important and breaking news in our daily newsletter
  • Be the first to hear about our events and awards programmes
  • Join live member only interviews with IT leaders at the ‘IT Lounge’; your chance to ask your burning tech questions and have them answered
  • Access to the Computing Delta hub providing market intelligence and research
  • Receive our members-only newsletter with exclusive opinion pieces from senior IT Leaders

Join now

 

Already a Computing member?

Login

You may also like
Millions at risk as hackers threaten World-Check database leak

Hacking

Company says compromised data originated from a third-party vendor

clock 22 April 2024 • 2 min read
Met police disrupt LabHost scam-as-a-service website

Security

Dozens arrested globally and thousands sent warnings

clock 18 April 2024 • 3 min read
UK claims world first agreement for Big Tech action on fraud

Government

Tech firms say they are already doing much to tackle fraud

clock 01 December 2023 • 3 min read

More on Law

TikTok sues US government
Law

TikTok sues US government

Argues new law violates First Amendment right to free speech

clock 09 May 2024 • 3 min read
Autonomy co-founder Mike Lynch's fraud trial opens in San Francisco
Law

Autonomy co-founder Mike Lynch's fraud trial opens in San Francisco

Lynch accused of being the 'driving force' behind 'massive' fraud at Autonomy

Graeme Burton
clock 19 March 2024 • 3 min read
EU approves AI Act
Law

EU approves AI Act

Aims to regulate high-risk AI applications, without harming innovation

Tom Allen
clock 13 March 2024 • 2 min read