Spanish Police dismantle €140 million BEC fraud ring
Law Enforcement
Summary
Hide ▲
Show ▼
Spanish Police dismantled a cybercrime and money-laundering organization tied to investment fraud and business email compromise (BEC), disrupting a ring that generated €140 million ($160 million). Four suspects were arrested across Spain, Portugal, and Panama, and investigators say the operation used at least 800 bank accounts and 67 money mules. The action also included raids, the seizure of devices, and the freezing of €3 million ($3.4 million) in crime proceeds.
Related Happenings
INTERPOL Operation First Light 2026 anti-fraud arrests and seizures
Law Enforcement
H score36
First: 09.07.2026 12:47
Last: 09.07.2026 12:47
Sources 1
About this happening:
INTERPOL coordinated Operation First Light 2026, a multinational anti-fraud crackdown spanning 97 countries and territories with support from agencies including China’s Ministry o...
INTERPOL Operation First Light 2026 anti-fraud arrests and seizures
Law EnforcementAbout this happening: INTERPOL coordinated Operation First Light 2026, a multinational anti-fraud crackdown spanning 97 countries and territories with support from agencies including China’s Ministry o...
Latest development: 09.07.2026 14:45
The enforcement phase from **January 15 to April 30, 2026** turned **Operation First Light 2026** into a cross-border crackdown on fraud and cybercrime. Early actions centered on scam networks, money laundering, and the blocking of illicit payments.
Europol-led arrests in Albanian scam call center fraud case
Law Enforcement
H score23
First: 30.04.2026 13:00
Last: 30.04.2026 13:00
Sources 1
About this happening:
**Europol** said a **two-year operation** ended with **10 arrests** at suspected **Albanian scam call centers**, disrupting a professionalized **investment fraud** network. Police...
Europol-led arrests in Albanian scam call center fraud case
Law EnforcementAbout this happening: **Europol** said a **two-year operation** ended with **10 arrests** at suspected **Albanian scam call centers**, disrupting a professionalized **investment fraud** network. Police...
Austrian-Albanian cryptocurrency fraud ring takedown
Law Enforcement
H score64
First: 29.04.2026 17:27
Last: 29.04.2026 17:27
Sources 1
About this happening:
Austrian and Albanian authorities **dismantled** a **cryptocurrency investment fraud ring**, escalating a cross-border cyberfraud case that allegedly caused **over €50 million** i...
Austrian-Albanian cryptocurrency fraud ring takedown
Law EnforcementAbout this happening: Austrian and Albanian authorities **dismantled** a **cryptocurrency investment fraud ring**, escalating a cross-border cyberfraud case that allegedly caused **over €50 million** i...
Spanish-Ukrainian online gambling fraud ring takedown
Law Enforcement
H score26
First: 05.03.2026 14:39
Last: 05.03.2026 14:39
Sources 1
About this happening:
**Spanish** and **Ukrainian** law enforcement **arrested 12 suspects** and dismantled an **online gambling fraud** and money-laundering ring tied to **€4.75 million** in illicit p...
Spanish-Ukrainian online gambling fraud ring takedown
Law EnforcementAbout this happening: **Spanish** and **Ukrainian** law enforcement **arrested 12 suspects** and dismantled an **online gambling fraud** and money-laundering ring tied to **€4.75 million** in illicit p...
INTERPOL Operation Red Card 2.0 cybercrime arrests and takedowns
Law Enforcement
H score50
First: 19.02.2026 19:50
Last: 19.02.2026 19:50
Sources 1
About this happening:
**Operation Red Card 2.0** led to **651 arrests** and the seizure of **2,341 devices** and **1,442 malicious IPs, domains, and servers**, disrupting an **online-scam** network acr...
INTERPOL Operation Red Card 2.0 cybercrime arrests and takedowns
Law EnforcementAbout this happening: **Operation Red Card 2.0** led to **651 arrests** and the seizure of **2,341 devices** and **1,442 malicious IPs, domains, and servers**, disrupting an **online-scam** network acr...
Timeline
-
14.07.2026 23:23 2 articles · 2h ago
Spanish Police dismantle €140 million BEC fraud ring
Legal Policy Action UpdateSpanish Police dismantled a cybercrime and money-laundering organization tied to investment fraud and business email compromise (BEC) attacks, with arrests in Spain, Portugal, and Panama. Investigators say the scheme used at least 800 bank accounts, 120 business accounts, and 67 external accomplices acting as money mules, while €94 million was channeled through the network and another €61 million was linked to BEC operations that took place in 2024. The investigation began after police detected signs of money laundering in 19 companies linked to the group, and an international operation with Interpol and Europol led to raids in Barcelona, Girona, Tarragona, and Porto, plus the freezing of €3 million and the seizure of 15 computers and over 170 smartphones.
Show sources
- Spanish Police take down €140 million cyber fraud ring, arrest four — www.bleepingcomputer.com — 14.07.2026 23:23
- Spanish Police take down €140 million cyber fraud ring, arrest four — www.bleepingcomputer.com — 14.07.2026 23:23