A criminal network in Spain exploited dozens of displaced Ukrainian women to open bank accounts that the group hijacked to launder roughly $5.5 million through automated betting schemes. Police arrested 12 suspects after a two-year probe, seizing cash, cryptocurrency, luxury vehicles and devices, and uncovering over 5,000 stolen identities and about 3,000 compromised credit cards in operations centered in Alicante and Valencia. #Alicante #Valencia
Keypoints
- Criminals recruited Ukrainian women fleeing the war and brought them to Spain under false promises.
- Victims were taken to banks to open accounts and obtain credit cards that the group then took over.
- The network used stolen identities and roughly 3,000 compromised cards to scale the operation.
- Automated betting bots placed thousands of low-odds wagers on gambling platforms to launder money.
- Authorities arrested 12 suspects, seized cash, crypto, luxury cars and devices, and traced proceeds to European real estate.
Read More: https://therecord.media/Ukraine-women-Spanish-gambling-ring