Within the framework of the state strategy to combat emerging and transnational organized crime, a transnational organized crime group specializing in digital fraud targeting companies and economic entities in several countries was identified. This group sought to defraud a state-owned company to seize its funds.

ACA investigations, in cooperation with the security services of the country where the incident occurred, revealed the identities of the group members (who hold foreign nationalities). They had created an email address mimicking the official email of a global supply company and used it to send misleading financial correspondence to a contractual national company. The group sought to seize approximately (3) three million US Dollars from the contract value. The Public Prosecution confirmed the allegations and referred the defendants to the competent court, which issued a sentence of imprisonment and fine.

ACA hereby emphasizes the importance of raising awareness about the need to be vigilant against attempts to target the email accounts of institutions and individuals; and the accompanying cybercrimes aimed at seizing funds. It is essential to comply with the highest cyber-security standards.