Three men, suspected of organized online bank fraud, have been handed over to the judicial authorities. This operation led to the identification of three young men of different nationalities, all with prior records for similar offenses. They acted in a coordinated and organized manner. The suspects gained control of their victims' online banking through fraudulent phone number portability and manipulation of personal documentation. With access to the bank account, they created virtual cards to make unauthorized transactions, subsequently diverting the money via a payment terminal (TPV). The funds were channeled to a front company, where they were dispersed using fractional transfers, cash withdrawals, and online gaming platforms, all to hinder their tracking and facilitate their integration into the financial system. The Guardia Civil's investigation, supported by financial institutions, telecom operators, and tech providers, required judicial authorization to access key data. The Guardia Civil of Córdoba is investigating three individuals to clarify five crimes, including a 30,000-euro technology scam, identity theft, document forgery, and money laundering.
Three Men Suspected of Major Bank Fraud
Spain's Guardia Civil has dismantled a criminal group that used technology to illegally access bank accounts and launder money through online platforms. The investigation led to the arrest of three suspects.
