On February 17 of this year, the Latvian State Police, in cooperation with foreign law enforcement agencies, Eurojust, and the Prosecutor's Office of the Republic of Latvia, successfully halted the activities of an organized crime network operating in Dnipro, Ukraine, which had been maintaining several fraudulent call centers. These criminals executed investment scams targeting many residents across Europe, including those living in Latvia. A total of 11 individuals were arrested, a criminal proceeding has been initiated, and investigations are ongoing, as reported by TVNET.

In mid-February, officials from the Cyber Crime Prevention Department of the Latvian State Police, along with the Prosecutor's Office of the Riga Court District, Eurojust, and law enforcement agencies from Lithuania and Ukraine, conducted a large-scale international operation that resulted in the suspension of operations of several call centers in Dnipro. The organized criminal group had established multiple branches where employees were trained to execute investment fraud. The fraudsters created the illusion of investments in cryptocurrencies, showcasing fictitious profits to lure victims into investing their money.

The implications of this operation are significant, as it highlights the international collaboration required to combat organized crime and fraud that transcends national borders. With victims from various European countries, including Latvia, the case underscores the urgency of protecting consumers from such scams and the necessity for law enforcement to work together across jurisdictions to dismantle these harmful networks efficiently.