German and Italian authorities, along with Eurojust and Europol, dismantled a fraudulent scheme targeting public institutions and municipalities

For over a year, suspects ran a fraudulent scheme in Germany that made them millions. Several public institutions, companies, cities, and municipalities were affected by the scheme. By using phishing techniques, the suspects gained access to real invoices that were addressed to public institutions and companies. The fraudsters manipulated them with their own financial information. The manipulated invoices were then sent to victims, who paid them to the fraudsters instead of their business partners…