• Fake call centers were set up in multiple countries to make tracking difficult.
• Victims received fraudulent calls offering high-return investments.
• Some were tricked into granting remote access to their computers, leading to identity theft.

Operation PANDORA Shuts Down 12 Phone Fraud Call Centres (May 2024)

Steps of the Fraud:

Fraudsters operated call centers across multiple countries, deceiving victims into fake investments.

Callers impersonated financial experts, luring victims into fraudulent investment schemes.

Victims lost millions of euros, many of whom lost their life savings.

Raid & Arrests: In Operation PANDORA, law enforcement agencies across five countries raided 12 call centers, shutting down the fraudulent network. Source: Europol