An international operation led by the UAE and overseen by its Ministry of Interior ran from July 1 to September 30 and stopped more than 123.7 million online fraud attempts worldwide, The National reported. Authorities arrested more than 960 people, identified 3,500 further suspects and 15,500 victims, and exposed more than $39 billion in illicit funds and assets.
Investigators blocked 4,126 bank accounts and closed 570 social media accounts. Thirty countries took part, together with Interpol, the Global Anti-Scam Alliance and 13 private-sector partners. The work focused on AI-enabled fraud, digital financial fraud and online sextortion.
The executive director of the UN Office on Drugs and Crime, Monica Juma, described it as a model of international co-operation against new forms of crime.
Read the full report
The National — insurance ↗This is an original summary of the linked report, selected by our GCC market monitor. Facts are attributed to the publication.