Spain arrests 34 suspects linked to Black Axe cyber crime

Authorities in Spain have arrested 34 suspects linked to the Black Axe criminal network, believed to be involved in cyber fraud, including Business Email Compromise (BEC) scams, with damages exceeding $6 million over 15 years. The operation, supported by Europol, resulted in the seizure of cash, electronic devices, and frozen bank accounts, with four main suspects facing charges including aggravated fraud and money laundering.