Dutch police made two arrests this week in an effort to break up the alleged fraud-as-a-service syndicate known as "Fraud Family," which they say developed, sold and rented phishing frameworks to fraudsters who stole financial information.
The security firm Group-IB says it assisted Dutch investigators in identifying the alleged criminals - who are believed to have been active since at least 2020. Police say the investigation dates back to April.
Dutch police arrested an unidentified 24-year-old man Tuesday. The suspect is believed to have facilitated the phishing attacks. The country's National Public Prosecutors Office says the suspect developed and distributed phishing panels that could collect login data from bank customers. He was slated to be arraigned Friday.
A 15-year-old was arrested Tuesday ...
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