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Homepage > News > Business > INTERPOL seizes $97M in assets in cybercrime crackdown An INTERPOL-coordinated operation across 40 countries and territories, targeting seven types of cyber-enabled financial crimes, has resulted in the recovery of $97 million in physical and digital assets, along with $342 million in government-backed currencies. In the coordinated international effort, called ‘Operation HAECHI VI,’ investigators from around the world worked together to detect and disrupt online fraud as well as money laundering activities, blocking over 68,000 associated bank accounts and freezing close to 400 digital asset wallets. Around $16 million in suspected illicit profits was recovered from these digital asset wallets, revealed INTERPOL, in a September 24 press release. “While many people believe that funds lost to fraud and scams are often irretrievable, the outcomes of HAECHI operations demonstrate that recovery is indeed possible,” said Theos Badege, Director pro tempore of INTERPOL’s Financial Crime and Anti-Corruption Centre. “As one of INTERPOL’s flagship financial crime operations, HAECHI is a prime example of how global cooperation can protect communities and safeguard financial systems.” He added that, “we encourage more member countries to join us in this collective effort, so that meaningful difference can be made in the fight against cyber-enabled crime.” The operation ran from April to August 2025 and focused on voice phishing, romance scams, online sextortion, investment fraud, money laundering, business email compromise, and e-commerce fraud. The World Economic Forum (WEF) published its ‘Global Cybersecurity Outlook 2025‘ in January, which found that 72% of respondents reported cyber risks had risen in the past year. It also highlighted the increasing complexities in cybersecurity, partly due to the rapid adoption of emerging technologies. Meanwhile, in August, data analytics site Statista predicted that, based on current trends, the annual cost of cybercrime worldwide could reach $15.63 trillion by 2029.…

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Filed under: News - @ September 29, 2025 12:27 pm