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Interpol's Operation Haechi VI Nets $400M in Assets, 45 Arrests in Portugal

Interpol's global operation Haechi VI deals a significant blow to cyber-enabled financial crime. With 45 arrests in Portugal alone and $400M in assets recovered, the international effort shows the power of global cooperation.

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Interpol's Operation Haechi VI Nets $400M in Assets, 45 Arrests in Portugal

Interpol's Operation Haechi has resulted in significant arrests and asset recovery, highlighting global cooperation in combating cyber-enabled financial crime. The operation, spanning 40 countries, targeted seven types of cyber crimes and led to the arrest of 45 people in Portugal alone, with total recovered assets valued at over $400 million.

Operation Haechi VI, coordinated by Interpol, demonstrated remarkable success in disrupting criminal activities and recovering stolen funds. In Portugal, the Polícia Judiciária arrested 45 individuals involved in a network that stole €270,000 from 531 victims. The gang illegally accessed social security accounts and altered bank details to facilitate the theft. Interpol's I-GRIP technology played a crucial role in this operation, enabling the recovery of $3.91 million sent to an illegitimate account at a US bank.

The global scale of the operation was evident in its impact on various regions. In Thailand, Interpol's actions led to the seizure of $6.6 million in stolen assets from a gang that targeted a major Japanese firm. Overall, the operation blocked over 68,000 associated bank accounts and froze nearly 400 crypto wallets, extracting approximately $16 million in suspected illegal profits.

Operation Haechi VI underscored the power of international cooperation in combating organized crime and financial fraud. With a focus on seven types of cyber crimes, including romance scams, sextortion, and money laundering linked to illegal online gambling, the operation resulted in the recovery of $342 million in government-backed currencies and $97 million in physical and virtual assets. The success of Haechi VI serves as a testament to Interpol's global reach and effectiveness in protecting communities and safeguarding financial systems from cyber-enabled financial crime.

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