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Spain Arrests 34 in Europol-Backed Raids Targeting Black Axe Fraud Cell

Officials say the raids disrupted a core unit that recruited money mules to launder cyber-fraud proceeds.

Overview

  • Police made arrests in Seville (28), Madrid (3), Málaga (2) and Barcelona (1).
  • The action, conducted with Bavarian police and supported by Europol, focused on a core cell of the network.
  • Investigators estimate more than €5.9 million in fraud losses linked to the group in Spain.
  • Searches froze €119,352 in bank accounts and seized €66,403 in cash, along with electronic evidence.
  • Four leading suspects are in pretrial detention as inquiries into wider Black Axe networks continue.