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Europol Dismantles Major Cybercrime Network, Arrests Seven

10/22/2025

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Summary

Story summary

Europol, the European Union Agency for Law Enforcement Cooperation, announced SIMCARTEL, a breakthrough against a Cybercrime-as-a-Service (CaaS) network.
The operation involved Latvia, Austria, Estonia, and Finland, resulting in seven arrests, five Latvians.
Authorities seized 1,200 SIM box devices with 40,000 active SIM cards, dismantled five servers, and froze €431,000.
The network created 50 million fake online accounts for phishing and investment scams, causing €4.92 million in losses across Europe.

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Story summary

Europol, the European Union Agency for Law Enforcement Cooperation, announced SIMCARTEL, a breakthrough against a Cybercrime-as-a-Service (CaaS) network.
The operation involved Latvia, Austria, Estonia, and Finland, resulting in seven arrests, five Latvians.
Authorities seized 1,200 SIM box devices with 40,000 active SIM cards, dismantled five servers, and froze €431,000.
The network created 50 million fake online accounts for phishing and investment scams, causing €4.92 million in losses across Europe.