He added: “One by one, we will cut off the supply lines of the enemies of the people and the homeland, who feed off the terror industry. We are determined to do so and, God willing, we will succeed.”
According to a statement issued by Turkish authorities Friday, the Istanbul Chief Public Prosecutor’s Office, together with Turkey’s National Intelligence Organization, or MIT, police and Interpol, raided hundreds of addresses in Istanbul and Mugla province and arrested more than 201 suspects out of about 240 who were indicted.
According to prosecutors, the network operated under the cover of dozens of ostensibly “legitimate” companies in the forex and cryptocurrency sectors, ran call centers and extracted more than $3 billion from victims around the…
These frauds exploit emotional vulnerability and trust rather than technical weaknesses.
- Romance Scams: Scammers build long-term online relationships with victims, eventually fabricating a “crisis” (medical emergency, legal trouble, or travel costs) that requires the victim to send money.
- Pig Butchering: A hybrid scam where the criminal builds a romantic or platonic relationship to eventually “tutor” the victim in a fraudulent cryptocurrency investment.