Sharjah Police Break Cybercrime Ring and Seize 8.8B AED
The Sharjah Police carried out a large-scale security operation resulting in the dismantling of four international criminal networks specializing in cybercrimes. They arrested 33 suspects from 12 different nationalities. The operation, dubbed "End of the Battle," led to the seizure of illicit funds exceeding 8.8 billion dirhams, the confiscation of more than 200 million dirhams, and the recovery of assets worth hundreds of millions of films, cars, watches, and jewelry. The operation uncovered a cross-border criminal organization using artificial intelligence technologies, involved in crimes such as data theft, fraud, money laundering through virtual assets, and electronic extortion. The group had plans to target individuals and companies worldwide before being thwarted by a specialized security team.
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