Five people have been arrested on suspicion of defrauding organisations and businesses across the UK.
Four men and one woman, aged between 29 and 53, were arrested following a series of early morning warrants carried out by the Met Police’s Cyber Crime Unit (MPCCU) on Wednesday 30 January.
The suspects have been arrested on suspicion of a range of offences including conspiracy to defraud and money laundering. They have been taken to police stations in Birmingham and Oxfordshire where they remain in custody.
The operation targeted high-level cyber criminals and their criminal network involved in the deployment of malware and associated fraudulent methods targeting businesses and organisations across the UK.
Warrants were executed at three addresses in Birmingham and an address in Abingdon. Officers seized a number of digital devices which will now be sent for forensic examination.
Detective Chief Inspector Louise Shea from the Met’s Cyber Crime said: “This investigation has identified complex and sophisticated methods employed by an Organised Criminal Network (OCN) to target the cyber security of businesses across the UK.
“The Met has worked closely with colleagues from the National Crime Agency’s National Cyber Crime Unit (NCCU) and the European Cybercrime Centre (EC3) during this protracted investigation, and we are pleased we have achieved this significant disruption to the activities of this OCN.
“Our officers work day and night to identify and arrest cyber criminals. This should send a clear message to those considering carrying out any form of cybercrime that we have the tools and methods to find you and arrest you.”