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International Business Times UK
International Business Times UK
Shulammite Nkanta

€300M Scam Busted — Europol Saves Millions of Europeans From Fraud Nightmare

Millions of Europeans have been spared further financial damage after Europol revealed the takedown of one of the largest credit-card fraud networks ever uncovered.

The investigation, codenamed Operation Chargeback, targeted three criminal organisations accused of siphoning off more than €300 million (about US$352.2 million or £263.8 million) from victims across 193 countries, according to Europol.

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