đ§Š 07/05 â Arrests and recovery of assets
⢠Operation Magna Fraus arrested two suspects, including an IT operator from C&M, during actions by the Federal Police and Public Ministry of SP in Goiås and Parå. R$ 5.5 million in crypto assets were recovered and USDTs equivalent to R$ 32 million were blocked.
⢠It is estimated that the scam involved more than R$ 500 million, affecting at least six institutions such as BMP and Credsystem.
⸝
đ Insider confession
⢠A technician identified as João Nazareno Roque, from C&M Software, confessed to selling credentials used to access the systems. He received R$ 5,000 for the login and password, and an additional R$ 10,000 to continue in the scheme.
⢠The scam occurred in the early hours of July 1st, through mass PIX transactions, with R$ 541 million diverted from BMP, according to CNOBS.
⸝
đ¨ Considered the largest cyber scam in the financial sector
⢠The Civil Police of SP and the Federal Police consider this the largest electronic attack ever recorded against financial institutions in Brazil, with estimated losses between R$ 500 million and R$ 800 million+.
⸝
đ Summary of key information:
I
Arrests
Technician JoĂŁo Roque + another suspect
Recovered/blocked amounts
R$ 5.5 million (crypto) + R$ 32 million in USDT
Total amount diverted
R$ 500 million to over R$ 800 million
Suspicious accounts tracked
140+ accounts used in the fraud
Scam method
Sale of credentials via social engineering and mass PIX transactions
Authorities involved
Federal Police, Civil Police-SP, CyberGaeco, Public Ministry
đĄ Whatâs next
The investigation continues to trace the moneyâmuch of which has already left the countryâidentify others involved, and strengthen the regulation of security in technical providers such as C&M Software.
#noticias #criptonews #CriptoNoDiaADia #informacion