Add as a preferred source on GoogleFBI Tally Puts Scam-Center Losses at $17 Billion as 28 Arrested
West African raids produced 28 arrests as a broader enforcement effort removed more than 3.7 million online accounts, pages and groups.
The FBI’s tally of scam-center losses has reached $17 billion, while coordinated raids in West Africa produced 28 arrests in a broader crackdown on online fraud networks.
The enforcement campaign also removed more than 3.7 million online accounts, pages and groups linked to scam activity. Authorities identified more than $11 million in funds that may be frozen.
The figures highlight the scale of fraud operations that use online platforms to target victims across borders. The campaign combines arrests with efforts to disrupt the digital infrastructure and preserve funds for potential recovery.
Riza Dagoc
Riza Dagoc reports on regulation, investing and the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.