Black Axe: ten arrests in Swiss fraud and money-laundering operation
Swiss authorities arrested ten people on 28 April in an investigation into the international organisation Black Axe.
Swiss authorities arrested ten people on 28 April in an investigation into the international organisation Black Axe. Europol says they include the suspected regional head for Southern Europe. Homes and storage facilities were searched in Zurich and five other cantons.
Zurich prosecutors and police are investigating romance scams, other online fraud and money laundering. Losses allegedly run to millions of Swiss francs. German authorities cooperated, while Europol supported information analysis and mapping of the international structure. The operation targeted suspected leaders as well as members of the network.









































