On Tuesday, November 4, investigators carried out searches in nine countries, including Luxembourg, as part of international action against cybercrime. this was announced by the German Federal Criminal Police Office (BKA) early Wednesday morning. The defendants allegedly exploited bank card data of victims from 193 countries to create more than 19 million subscriptions on several sites.
The examination is being carried out by the German Federal Criminal Police Office under the direction of the Koblenz Public Prosecutor’s Office. At a late morning press conference in Wiesbaden, the relevant authorities were to provide further facts on Wednesday.
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The press release published this November 5 by Eurojust specifies that the “Luxembourg criminal prosecution authorities played a decisive role” in the dismantling of an international bank card fraud network, mainly active in Germany.
It was in 2021 that the Luxembourg Public Prosecutor’s Office opened an investigation into money laundering and misappropriation of commercial funds, “based on a detailed analysis of financial data carried out by the Financial Intelligence Unit” (FIU) in the Grand Duchy.
More than 8.3 million euros in assets seized
“The assets identified by the FIU were immediately seized by the competent investigating judge. It was more than 8.3 million euros,3.5 million US dollars and 83,000 pounds sterling,” specifies the press release from the Prosecutor’s Office. Thus, searches took place in the premises of the Luxembourg companies of suspected persons, interrogations were carried out and numerous pieces of evidence were collected and analyzed.
The investigation thus revealed that the intermediation services provided by the suspects were carried out by German and Luxembourg companies. “As part of the dismantling of this international fraud network,the luxembourg authorities have not only provided active legal assistance to Germany,but have also contributed significantly to the progress of the criminal proceedings carried out in this country”,specifies the press release.Read also: Hear are the most common cases of health insurance fraud
“The close cooperation betwee