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INTERPOL Operation HAECHI V Results in 5,500 Arrests

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INTERPOL’s Operation HAECHI V leads to over 5,500 arrests and $400 million seized. A global law enforcement initiative involving 40 countries has culminated in the arrest of more than 5,500 suspects linked to various cyber-enabled financial crimes, including voice phishing and investment fraud. The five-month operation, which ran from July to November 2024, resulted in the seizure of over $400 million in virtual assets and government-backed currencies. Notably, Korean authorities dismantled a major voice phishing syndicate responsible for significant financial losses. INTERPOL also issued warnings about emerging cryptocurrency scams during the operation, highlighting the need for international cooperation in combating cybercrime. The operation’s success reflects a substantial increase in cases solved and funds intercepted compared to previous years.