Global Crackdown on West African Crime Networks Leads to 300 Arrests and Seizure of $3 Million

 

In a massive international operation, police from five continents have arrested 300 individuals and seized $3 million, targeting West African organized crime networks. Operation Jackal III, coordinated by Interpol, took place from April 10 to July 3 across 21 nations, aiming to combat online financial fraud and dismantle the syndicates behind it.

Isaac Oginni, director of Interpol’s Financial Crime and Anti-Corruption Centre, emphasized the alarming rise of financial fraud originating from West Africa, highlighting the necessity of global law enforcement cooperation.

One key target was Black Axe, a notorious crime network involved in cybercrime, human trafficking, drug smuggling, and violent crimes. Investigations into Black Axe, spanning over 40 countries, led to 72 arrests and the freezing of about 100 bank accounts in Argentina, alongside the seizure of $1.2 million in counterfeit currency.

The operation involved citizens from Argentina, Colombia, Nigeria, and Venezuela, underscoring the global reach of these criminal groups.

Interpol, celebrating its centenary last year, plays a crucial role in fostering cooperation among its 196 member nations to combat various forms of organized crime, including financial crimes and cybercrime. Despite its extensive mandate, Interpol faces significant challenges such as increasing cybercrime caseloads and disparities among member nations, operating on a comparatively modest budget of approximately €176 million ($188 million) last year.

Operation Jackal III underscores the importance of international collaboration in tackling global crime networks, with its success marked by significant arrests and financial seizures, demonstrating effective action against organized crime and the protection of financial institutions worldwide.