Interpol announced on Friday that an operation named HAECHI-II was successfully coordinated against cyber-criminal groups. The operation included law enforcement agencies from 20 different countries and took place over a period of four months, from June 2021 until September 2021. Interpol reported in its press release that over 1,000 arrests were made and more than $27 million (USD) was seized from criminal accounts. A total of 1,660 cases were closed by investigators and 2,350 bank accounts linked to cyber financial crime were blocked. The alleged crimes included a wide range of social engineering and financial crimes, including romance scams, investment fraud, and money laundering. The financial recovery effort was assisted by the testing of a new global stop-payment mechanism dubbed the Anti-Money Laundering Rapid Response Protocol (ARRP).
By Akshay Rohatgi and Randy Pargman About this Student Research Project Binary Defense’s mission is