A year-long investigative clampdown on criminal networks coordinated by the International Criminal Police Organization (INTERPOL) has demonstrated the scale of phone and online frauds worldwide, the organisation said in a statement on Wednesday. INTERPOL said 35 countries participated in the operation dubbed “First Light” and this led to 21,549 arrests in more than 10,000 raids, as well as the seizure of almost $154 million of “illicit funds”. Most of the crimes laid at suspects’ feet included a “social engineering” element, where victims are manipulated into giving up personal information like passwords or bank details. The international organisation said it found instances of “business email compromise, romance scams and ‘smishing’,” where SMS text messages are used to try and convince targets to hand over valuable details in a variant of more typical email “phishing” attacks. The statement read, “A year-long investigative clampdown on criminal networks coordinated by INTE...
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