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THE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & LifestyleTHE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & Lifestyle

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Police Take Down Cyber Gang in Major Fraud Bust

Police Take Down Cyber Gang in Major Fraud Bust
Police made arrests in a series of raids, including this one in Bromley, south-east London Police made arrests in a series of raids, including this one in Bromley, south-east London
Police Take Down Cyber Gang in Major Fraud Bust
Police made arrests in a series of raids, including this one in Bromley, south-east London Police made arrests in a series of raids, including this one in Bromley, south-east London

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Police Take Down Cyber Gang in Major Fraud Bust

Authorities have dismantled a criminal syndicate accused of facilitating fraudulent text message scams through a technology service, arresting 37 individuals worldwide. The gang’s operations targeted unsuspecting victims with phishing messages, exploiting their trust, and tricking them into making online payments.

LabHost, the platform at the center of the operation, provided criminals with tools to send deceptive messages and create fake websites resembling legitimate online services. This allowed them to steal sensitive information, including card numbers and PIN codes, commonly called “full data.” While the amount stolen remains unknown, authorities estimate LabHost generated nearly £1 million in profits.

The crackdown, culminating in a two-year international operation involving law enforcement agencies from 17 countries, highlights the growing sophistication of cybercriminal activities. By leveraging technology, criminals could perpetrate scams on a large scale, targeting victims globally.

In the United Kingdom alone, an estimated 70,000 individuals fell victim to the scam, with approximately 25,000 identified victims receiving warnings about potentially compromised online platforms. Investigators identified and notified 800 individuals paying for LabHost services to disrupt criminal operations further, sending personalized videos to deter their involvement in illicit activities.

This coordinated effort represents a paradigm shift in combating cybercrime. Authorities are adopting a multifaceted approach involving collaboration between law enforcement agencies and private sector partners. By targeting perpetrators and those enabling criminal activities, authorities aim to disrupt the underlying infrastructure supporting cybercrime networks.

The successful takedown of LabHost follows similar operations against other “crime as a service” enterprises, including iSpoof and LockBit. These initiatives underscore the determination of law enforcement agencies to combat cyber threats and protect individuals and businesses from online scams and fraud.


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