Asia: USD 83 million intercepted in INTERPOL operation against online financial crime

LYON, FRANCE: Amid an exponential increase in online fraud, an INTERPOL-coordinated operation codenamed HAECHI-I mobilized more than 40 specialized law enforcement officers across the Asia Pacific region.

Over six months of coordinated intelligence collection and joint operations, police were able to intercept a total of USD 83 million in illicit funds transferred from victims to the perpetrators of cyber-enabled financial crime.

Officially concluding last week, Operation HAECHI-I focused particularly on five types of online financial crime: investment fraud, romance scams, money laundering associated with illegal online gambling, online sextortion and voice phishing.

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Source: Interpol