Key outcomes included:
➡️ Global Enforcement: Authorities arrested 5,811 individuals, identified over 15,600 suspects and intercepted USD 293 million in illicit assets across 97 countries and territories;
➡️ Coordinated Disruption: The operation combined intelligence sharing, raids, asset freezes and using INTERPOL's Global Rapid Intervention of Payments (I-GRIP) payment intervention mechanism to disrupt fraud and associated money laundering;
➡️ Evolving Criminal Methods: Investigations highlighted the increasing use of social engineering, cryptocurrencies, cross-chain and token swaps to facilitate and conceal fraud proceeds;
➡️ Cross-Border Collaboration: The operation reinforces the importance of international cooperation, rapid intelligence sharing and public-private partnerships in tackling transnational financial crime; and
➡️ Growing Fraud Threat: With more than 142,000 victims identified, the operation demonstrates the industrial scale of organised fraud and its increasing links to money laundering.
✅ Firms should continue strengthening fraud prevention and transaction monitoring controls, ensuring they can identify increasingly sophisticated social engineering typologies, respond rapidly to payment fraud incidents and support information sharing with law enforcement where appropriate.