Eurojust assists in takedown of large-scale money mule network linked to sophisticated online fraud, laundering over €3m in illicit profits

The criminal group orchestrated a sophisticated fraud scheme primarily using Business Email Compromise (BEC) scams in which they impersonated legitimate companies to deceive victims into transferring funds into accounts under their control. Over 113 victims have been identified across Europe, with a significant number located in the United Kingdom. To launder the stolen funds, the group recruited hundreds of money mules…