European Police Dismantle Cybercrime Network That Created 49 Million Fake Accounts
By
ubutler
Toasted golden, schmeared with insight. Top of the rack.
Summary
European law enforcement agencies, in collaboration with Europol and the Shadowserver Foundation, have dismantled a major cybercrime-as-a-service operation that created nearly 50 million fake accounts across social media and communication platforms. The operation resulted in seven arrests across multiple European countries and the seizure of equipment including SIM boxes used for bulk SMS verification. The criminal network offered services for creating fake accounts on platforms like Gmail, Facebook, and Telegram, which were then used for fraud, phishing, and other illegal activities.
Key quotes
· 4 pulledEuropean police forces have arrested seven people and dismantled a large-scale cybercrime-as-a-service operation that saw almost 50 million fake online accounts created across social media and communications platforms for fraud purposes.
The operation, dubbed 'Operation Endgame', targeted a criminal network that offered services for creating fake accounts on platforms including Gmail, Facebook, Instagram, and Telegram.
The fake accounts were used for various criminal activities including phishing, fraud, and spreading disinformation, according to Europol.
The investigation revealed that the criminal network operated as a 'cybercrime-as-a-service' model, offering tools and services to other criminals for a fee.
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