One arrest has been made by the Romanian National Police, three arrests by the Taiwanese Criminal Investigation Bureau and one arrest by the Belarusian Central Central Office of the Investigative Committee.
In some cases, after the cashing-out, the stolen money was partially recovered from the criminals.
The investigation was initiated at the beginning of 2016.The members of the OCG were recruited online, most of them with multiple citizenships which allowed them to easily travel and commit crimes all over the world.
Losses caused to the banks are estimated at around three million euro (EUR 3 million).
Europol’s European Cybercrime Centre (EC3) assisted the investigation by providing analytical support, organising operational meetings in Europe and Asia as well as analysing the seized data/ equipment.