Over 300 Arrested in Interpol Operation Against Black Axe
Over 300 Arrested in Interpol Operation Against Black Axe
Over 300 Arrested in Interpol Operation Against Black Axe
News summary

Interpol has successfully executed Operation Jackal III, resulting in the arrest of over 300 individuals linked to the notorious Black Axe criminal network across 21 countries from April to July 2024. The operation was hailed as a significant setback for the Nigerian crime syndicate, which is involved in cyber-enabled financial fraud, trafficking, and other serious crimes, and has been described as highly organized and technologically advanced. Approximately $3 million in illegal assets were seized, and more than 700 bank accounts were frozen, highlighting the group's extensive reach and sophisticated methods of operation. Tomonobu Kaya, a senior Interpol official, emphasized that Black Axe exploits advancements in financial technology and cryptocurrency to facilitate multi-million dollar scams. Despite these efforts, experts warn that the group's international influence and corruption within local authorities continue to pose a significant challenge in combating their activities. Previous 'Jackal' operations have laid the groundwork for a comprehensive intelligence network among Interpol's 196 member countries, yet further measures are needed to address the root causes of such criminal syndicates.

Story Coverage
Bias Distribution
100% Center
Information Sources
6a8412fc-1096-4c2b-a630-24144fb8fdd2
Center 100%
Coverage Details
Total News Sources
1
Left
0
Center
1
Right
0
Unrated
0
Last Updated
22 days ago
Bias Distribution
100% Center
Related News
Daily Index

19Negative

Serious

Neutral

Optimistic

Positive

Ask VT AI
Story Coverage
Subscribe

Stay in the know

Get the latest news, exclusive insights, and curated content delivered straight to your inbox.

Related News
Recommended News