Egypt Uncovers International Funds Theft Ring

The Egyptian Ministry of Interior has announced the arrest of 28 individuals of various nationalities, accused of forming an international criminal gang specializing in online fraud targeting foreigners abroad. The members of the gang would contact victims impersonating bank employees, claiming there were issues with their cards or requesting data updates, and would send fake links to hack their phones and steal their money. They also transferred the funds to accounts abroad and purchased cryptocurrencies. During the search of the suspects' phones and devices, evidence confirming their criminal activity was found, and they admitted to engaging in online scams. All legal measures have been taken against them.

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