June 28, 2023, 1:47 p.m. | info@thehackernews.com (The Hacker News)

The Hacker News thehackernews.com

Cybersecurity researchers have exposed the workings of a scam ring called CryptosLabs that's estimated to have made €480 million in illegal profits by targeting users in French-speaking individuals in France, Belgium, and Luxembourg since April 2018.
The syndicate's massive fake investment schemes primarily involve impersonating 40 well-known banks, fin-techs, asset management firms, and crypto

april asset banks belgium called cybersecurity exposed fake france french illegal impersonating investment investors luxembourg researchers ring scam speaking targeting well-known

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