Summary: Japan’s National Police Agency has arrested 18 members of a cybercrime group involved in stealing funds through fake online classified ads and laundering the proceeds with Monero. The group, active since mid-2021, is believed to have laundered over 100 million yen (~$660,000) and conducted around 900 fraudulent transactions using stolen credit card information.
Threat Actor: Yuta Kobayashi | Yuta Kobayashi
Key Point :
- 18 members of a cybercrime group arrested for laundering money through Monero.
- Alleged ringleader Yuta Kobayashi used stolen identities for fraudulent purchases.
- Group conducted approximately 900 fraudulent transactions from June 2021 to January 2022.
- Stolen credit card data likely obtained through phishing techniques.
- Members were recruited via social media advertising.
Original Source: https://www.nikkei.com/article/DGXZQOUE211MN0R21C24A0000000/
Cyber Law and Cybercrime Investigation Blog: Immuniweb