German and Brazilian authorities arrested multiple suspects linked to a late-2023 scheme that stole about €30 million from German bank accounts by exploiting a payment provider vulnerability and using cloned payment cards. The investigation spanned Europe and Brazil, led to major asset seizures, and also uncovered that one suspect allegedly used illicit funds in a 2024 election campaign. #Commerzbank #OperaçãoKlonen #BKA
Keypoints
- Authorities made multiple arrests in Europe and Brazil over the bank theft case.
- The hackers drained about €30 million from German online banking users in late 2023.
- The attack exploited a vulnerability in a payment provider and involved cloned payment cards.
- Police said the stolen money was moved and laundered across Brazil and four European countries.
- Brazilian authorities seized assets worth more than $20 million and found a 3-D printer used to make weapons.
Read More: https://therecord.media/investigation-into-banking-hack-leads-to-arrests-germany-brazil