300 Europeans became victims of malefactors.
The Spanish National Police have eliminated a group of cybercriminals who fraudulently earned 12,345,731 euros using fake crypto investment sites. The investigation began after a legal representative of one of the copied platforms reported what was happening to the police.
Law enforcement agencies arrested 6 members of the group during the Madrid and Barcelona operations. All fraudsters will be charged on suspicion of fraud and money laundering.
In order to deceive inattentive users, cybercriminals made their sites as similar as possible to the original and used typesquatting, a type of cybersquatting based on registering domain names that are similar in spelling to the addresses of large and popular resources. Then the only thing left to do was to send phishing emails to victims with links to websites. The victim who got to the site seemed to be making a profitable investment, although in fact the “deposits” were sent to the bank accounts of the criminals.
All stolen funds were transferred to bank accounts of fraudsters in Spain, Portugal, Poland and France, and then laundered through foreign organizations. Having laundered the stolen goods, the attackers returned the money to their Spanish accounts.