In a major coordinated effort, international authorities supported by Eurojustsuccessfully dismantled a fraudulent call center network operating from Dnipro, Ukraine. The operation targeted a sophisticated scam that lured victims across Europe into fake cryptocurrency investment schemes.

Key Details of the Operation

• Seizures: Authorities seized more than €400,000 in cash, along with electronic equipment, computers, and SIM cards during searches at 32 locations.
• Arrests: 11 suspects were arrested as part of the crackdown on the criminal network.
• Modus Operandi: The fraudsters operated from three separate office spaces, promising high returns on fake investments. Once victims reported losses, the criminals attempted to extort further funds by claiming they were needed for “legal services” to recover the initial money.
• Victims: Initial investigations identified victims in Latvia and Lithuania who lost over €160,000, though authorities believe many more individuals across Europe have been affected.

This takedown is part of a broader trend of high-impact actions by Eurojust and Europol to combat transnational financial crime.