Security Media dismantles major Iraqi cyber extortion group

The Iraqi Security Forces announced the dismantling of the country's largest online scam and extortion network. They conducted a preemptive operation that resulted in the arrest of the suspect, Murtada Abbas Mohsen Al-Nemesh, along with several members of the network. The group used fraudulent methods by impersonating fake companies to sell US dollars on social media platforms, aiming to steal the funds of citizens and travelers. Additionally, the digital channels and platforms used by the network, including platforms such as OKX, Binance, Bybit, and MEXC, which served thousands of users, were also dismantled. The security authorities confirmed that the necessary legal measures have been taken against the suspects and that they have been referred to the judiciary for further investigation.

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