Scam ring disrupted as part of Operation Chakra-IV.
An international technical support scam ring which obtained over $40 million worth of cryptocurrency since 2023 has been disrupted by the FBI and India's Central Bureau of Investigation.
According to The Cyber Express, Operation Chakra-IV effort was aided by intelligence from America’ CBI's International Operations Division to discover the illicit call centres used by the threat operation. These had collected nearly $62,000 in cash and dozens of electronic devices.
More than 30 individuals have also been apprehended, three of whom remain in custody amid ongoing probes to determine other co-conspirators. With exfiltrated funds mostly laundered via cryptocurrency, CBI has already partnered with Interpol and other law enforcement organisations worldwide to clamp down on other related threat groups, as it committed to continuing Operation Chakra-IV initiatives to dismantle crypto-dependent cybercrime gangs
Written by
Dan Raywood is a B2B journalist with 25 years of experience, including covering cybersecurity for the past 17 years. He has extensively covered topics from Advanced Persistent Threats and nation-state hackers to major data breaches and regulatory changes.
He has spoken at events including 44CON, Infosecurity Europe, RANT Forum, BSides Scotland, Steelcon and the National Cyber Security Show, and served as editor of SC Media UK, Infosecurity Magazine and IT Security Guru. He was also an analyst with 451 Research and a product marketing lead at Tenable.
