Authorities in Spain have detained 34 people who are reportedly related to the Black Axe gang, which is responsible for illegal actions throughout Europe, and who are part of a criminal network engaged in computer fraud.
The Bavarian State Criminal Police Office and Europol provided assistance in carrying out the operation.
The police froze €119,350 in bank accounts and confiscated €66,400 in cash, electronics, and cars during raids in Seville, Madrid, Malaga, and Barcelona.
Nigerian-born members of the Black Axe gang, which specialized in “man-in-the-middle” frauds such business email compromise (BEC), commanded the Spanish cybercrime ring.
According to the Spanish National Police, the group specialized in the scam known as Man-in-the-Middle (MITM), in which criminals inject themselves into legitimate communications to intercept read more about Spain arrests 34 suspects linked to Black Axe cyber crime.
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