Reported by: Ijeoma G | Edited by: Henry Owen
The United States authorities have apprehended five fugitives, including a Nigerian national, for their alleged involvement in a sophisticated international fraud operation that swindled victims in Germany of more than €300 million.
The arrests were carried out in California’s Central District, following a formal extradition request from the German government, which is leading the investigation into what officials have described as one of the most extensive cyber and financial crime cases in recent years.
According to preliminary reports, the suspects are accused of orchestrating a complex scheme involving investment scams, cryptocurrency laundering, and cross-border financial manipulation, which targeted thousands of individuals and companies across Europe.
Authorities say the joint operation between U.S. federal agencies and German law enforcement was the culmination of months of surveillance, digital forensics, and financial intelligence collaboration under international treaties on crime prevention.
German prosecutors have confirmed that extradition proceedings will commence soon to ensure the suspects face trial under the country’s strict anti-fraud and cybercrime laws.
The U.S. Department of Justice reaffirmed its commitment to global cooperation in combating financial crimes, noting that such partnerships are critical to dismantling international criminal networks exploiting technology and global finance systems.
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