The São Paulo Civil Police launched an operation on October 24 as part of an ongoing investigation into a criminal organization suspected of perpetrating digital fraud and laundering money. The operation has resulted in the blocking of 86 bank accounts, associated with both individuals and companies, potentially affecting up to R$ 100 million in total. This significant crackdown also includes 120 search and seizure warrants and 53 temporary arrest warrants across several Brazilian states, including São Paulo, Minas Gerais, and the Federal District.

The suspects are reportedly specialized in electronic fraud, employing various tactics to deceive victims and extract funds. Some notable scams attributed to this group include fraudulent claims related to the social security agency (INSS), impersonating lawyers, and utilizing schemes like the "phantom hand" scam. Additionally, they are accused of engaging in card cloning and setting up fake telemarketing centers to facilitate their fraudulent activities, sometimes involving betting platforms and fintechs to execute their crimes more covertly.

The operation, dubbed "Operation End of the Fable," highlights the ongoing challenges authorities face in combating digital crimes amid the rapid growth of online transactions. As criminal organizations adapt to new technologies, the police's response efforts reflect a deepening focus on collaboration across jurisdictions to tackle complex fraud networks that exploit unsuspecting individuals. This operation underscores the importance of vigilant reporting from victims and the critical role of law enforcement in addressing the rising tide of digital fraud in Brazil.