CoLP’s ‘Operation Seraphim’ led to 31 arrests in a global crackdown on online fraud and ML networks using encrypted platforms, compromised data, spoofing tools, and fraud-as-a-service schemes

The operation targeted sophisticated online fraud ecosystems operating through encrypted messaging groups and anonymous digital identities, where criminals were collaborating to facilitate impersonation scams, account takeovers, money laundering, spoofing services, compromised data sales, and “fraud-as-a-service” offerings at scale. Leveraging advanced automation, data analytics, and cross-border intelligence-sharing, investigators identified hundreds of online accounts linked to organised financial crime networks targeting victims across the UK and Europe…