Cybercrime: INTERPOL arrests over 70 suspected fraudsters linked to Nigeria

Cybercrime: INTERPOL arrests over 70 suspected fraudsters linked to Nigeria

More than 70 suspected cyber fraudsters have been arrested by personel of the International Criminal Police Organisation (INTERPOL).

The arrest comes after a coordinated operation, which the INTERPOL insisted confirms the global footprint of Nigeria’s Black Axe and similar organized crime groups.

In its latest statement regarding the recent crackdown on West African financial crime rings, the INTERPOL said in the codenamed Operation Jackal, the joint law enforcement effort mobilised 14 countries across four continents in a targeted strike against Black Axe and related West-African criminal organisations.

According to the communique, Operation Jackal marks the first time INTERPOL has coordinated a global operation specifically against Black Axe, which is rapidly becoming a major security threat worldwide.

The group and similar groups are responsible for the majority of the world’s cyber-enabled financial fraud as well as many other serious crimes, according to evidence analyzed by INTERPOL’s Financial Crime and Anti-Corruption Centre (IFCACC) and national law enforcement.