Overview

• Authorities executed coordinated searches in Spain, Portugal, Italy, Romania and Bulgaria and froze associated bank accounts and other assets.
• The long-running scheme has operated since at least 2018 and touched 23 countries through victim locations and money flows.
• Investigators say more than €100 million was taken from over 100 victims, including investors in France, Germany, Italy and Spain.
• Eurojust says the alleged mastermind is suspected of large-scale fraud and money laundering tied to the online investment platforms.
• The operation was coordinated by Eurojust with Europol support and national teams from Spain, Portugal, Bulgaria, Italy, Lithuania and Romania, with investigations continuing.