Police seizes over 100 servers in investment scam crackdown
- On Tuesday, November 3, 2026, The European Union Agency for Criminal Justice Cooperation, Eurojust, announced that authorities arrested seven suspects and seized 100 servers in a joint international operation targeting investment fraud.
- The operation, led by the German Itzehoe Public Prosecutor, followed a four-year investigation into an alleged "crime-as-a-service" model based in Cyprus and Israel that supplied fraudulent platforms to international call centers.
- Operators used deceptive advertisements and fictitious profits to persuade victims in at least 50 countries to invest, then blocked withdrawal requests using delaying tactics before ceasing all contact.
- Authorities in 17 countries seized cars, mobile phones, and computers as evidence, while the seven arrested individuals now face potential extradition to Germany to face criminal charges.
- Since 2022, ongoing interventions by European law enforcement have dismantled sophisticated criminal networks that defrauded victims of millions of EUR, positioning this operation within a larger pattern of coordinated crackdowns.
24 Articles
24 Articles
The Department for the Suppression of Organized and Serious Crime at the Public Security Bureau, in coordination with the Basic Public Prosecutor's Office for the Prosecution of Organized Crime and Corruption, participated in a coordinated international operation, which aimed to destroy a transnational criminal network involved in organized investment fraud via the Internet. As announced by the Ministry of Internal Affairs, the operation was car…
There may have been victims of the scam in over 50 countries. Finland was involved in a long investigation that ended with the arrests today.
International fraud ring operated from Cyprus and Israel
A ring of investment fraudsters with victims in more than 50 countries has been operating from Cyprus and Israel, findings presented on Tuesday by Europol showed. Investigators said that the operation followed a four-year investigation and previous interventions in 2022 and 2025, where evidence was gathered that eventually led authorities to a company believed to […]
How the fraud was exposed by a German couple - The company in Cyprus and Israel and the call centers in the Balkans
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