,
7 tweets,
2 min read
Read on Twitter
281 Arrested Worldwide In Coordinated International Enforcement Operation Targeting Hundreds Of Individuals In Business Email Compromise Schemes justice.gov/usao-sdfl/pr/2…
“Operation reWired, a coordinated law enforcement effort by the U.S. Department of Justice, U.S. Department of Homeland Security, U.S. Department of the Treasury, U.S. Postal Inspection Service, and the U.S. Department of State, was conducted over a four-month period, resulting
in 281 arrests in the United States and overseas, including 167 in Nigeria, 18 in Turkey and 15 in Ghana. Arrests were also made in France, Italy, Japan, Kenya, Malaysia, and the United Kingdom (UK). The operation also resulted in the seizure of nearly $3.7 million.”
“A number of cases involved international criminal organizations that defrauded small to large sized businesses, while others involved individual victims who transferred high dollar funds or sensitive records in the course of business. The devastating effects these cases have on
victims & victim companies affect not only the individual business but also the global economy. According to the Internet Crime Complaint Center (IC3), ~$1.3B in loss was reported in 2018 from BEC & Email Account Compromise (EAC), nearly 2x as was reported the prior year.”
“This operation serves as a model for international cooperation against specific threats that endanger the financial well-being of each member country’s residents. Deputy Attorney General Rosen expressed gratitude for the outstanding efforts of the participating countries,
including law enforcement actions that were coordinated and executed by the Economic and Financial Crimes Commission (EFCC) in Nigeria to curb business email compromise schemes that defraud businesses and individuals alike.”
