Global ring of cybercriminals held

LISBON: European and US officials said yesterday that they have arrested 20 people in several countries for allegedly belonging to an international ring that laundered millions of euros stolen by cybercriminals through malware schemes.

The international police operation “2Bagoldmule” led by Portuguese investigators and the FBI included 14 more European countries, under Europol, which said more than 40 homes were searched by agents in Spain, Italy, Bulgaria and Latvia in the operation.

Most of the searches were carried out in Latvia, where six arrests were made. Another six arrests were made in Britain, four in Spain, and one each in Portugal, Poland, the US and Australia.