Follow the money: cocaine trafficking network exposed through its financial trail
Investigators in Europe have successfully dismantled a sophisticated cocaine trafficking and money laundering network connected to Italy's notorious organized crime groups, the Camorra and the 'Ndrangheta. The probe began by tracking suspicious financial transactions that revealed an elaborate laundering system operating across multiple countries. This criminal network used shell companies, false invoicing, and investments in luxury assets to disguise and recycle millions of euros in proceeds from cocaine sales. The disruption of this financial apparatus strikes at the economic foundations of these mafia groups, which rely heavily on money laundering to fund their criminal enterprises. The crackdown is expected to... [Continue Reading]
360LiveNews | 10 Mar 2026 15:18
Global phishing-as-a-service platform taken down in coordinated public-private action
Authorities worldwide, coordinated by Europol, have successfully disrupted Tycoon 2FA, a major phishing-as-a-service platform. Tycoon 2FA provided cybercriminals with subscription access to tools capable of intercepting live multi-factor authentication sessions, allowing unauthorized access to protected online accounts. This service made it easier for hackers to bypass additional security layers that protect sensitive information. Millions of users of MFA-protected accounts were at risk due to this platform facilitating large-scale credential theft and account compromise. By dismantling Tycoon 2FA, law enforcement has significantly impeded the operations of cybercriminals who exploit such services for financial fraud, data theft, and espionage. The operation underscores... [Continue Reading]
360LiveNews | 10 Mar 2026 15:15
Major data leak forum dismantled in global action against cybercrime forum
International law enforcement agencies, led by Europol, have dismantled LeakBase, a major online forum known for trading stolen databases and "stealer logs", collections of credentials stolen using malware. LeakBase operated openly on the internet in English and functioned as both a marketplace and a discussion forum for cybercriminals to buy, sell and exchange compromised data. The forum's takedown marks a significant blow to cybercrime operations relying on large pools of stolen personal and financial information. LeakBase's data facilitated a range of criminal activities, including identity theft, fraud, and unauthorized access to online accounts, affecting millions of individuals and businesses globally.... [Continue Reading]
360LiveNews | 10 Mar 2026 15:11
12 members of money laundering scheme exploiting Ukrainian women arrested in Spain
Spanish law enforcement took down a major money laundering network by arresting 12 suspects involved in exploiting vulnerable Ukrainian women. The group coerced these women to open bank accounts, which were then used to channel illegal profits through online gaming platforms, generating an estimated €4.75 million. This scheme highlights how criminal organizations prey on displaced and marginalized individuals to conceal illicit finances. The operation was a coordinated international effort with Spanish police leading the probe, while Ukrainian authorities provided crucial support. Europol and INTERPOL aided in intelligence sharing and logistical coordination. This cross-border collaboration underscores the growing importance of multinational... [Continue Reading]
360LiveNews | 10 Mar 2026 15:10
From a small Swedish town to a global crime network: international operation strikes top-tier organised crime
Investigators recently uncovered not just one, but several interconnected organised crime groups operating from a small Swedish town, involved in extensive drug trafficking and money laundering. The network was linked together through a complex system of companies and business entities. The key suspects identified during this operation were mostly unknown to law enforcement prior to this probe. Forensic data analysis was pivotal in revealing the scale and connections within the criminal ecosystem. This discovery is significant because it demonstrates the sophistication and scale of modern organised crime operations, often hidden beneath legitimate business fronts. The operation's success could help law... [Continue Reading]
360LiveNews | 10 Mar 2026 13:24
