Spanish National Police dismantle BEC fraud organisation

An operation by the National Police has resulted in the dismantling of a network of bank mules in Spain for receiving illicit transfers, which defrauded companies of more than four million euros. The alleged perpetrators committed scams through the fraudulent modus operandi of BEC (Business Email Compromise), targeting company management departments and CEOs.

The cybercriminals maintained direct contact with the organisation's headquarters in Nigeria, from where the attacks were carried out and the final destination of the money obtained. In total, 64 people have been arrested in various Spanish locations, allegedly accused of the crimes of belonging to a criminal organisation, fraud, money laundering and computer access. Thanks to the actions carried out, more than 600,000 euros that were ready to be sent to Nigeria were preventively blocked.