Twenty people have been arrested as part of an investigation into QQAAZZ, a group that police said had laundered millions on behalf of the world’s most prolific cyber criminals.
The arrests, part of a multinational investigation that included police in 15 countries, target a notorious gang of so-called money mules that the hackers need to do their work.
QQAAZZ mimicked the structure of a sophisticated corporation, according to a U.S. federal indictment unsealed Thursday. Mid-level managers organized networks of bank accounts and shell companies in several countries, while money mules shuffled millions of dollars in stolen funds back to the ...