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Spanish police dismantle phishing gang that emptied bank accounts

By Bill Toulas,  Bleeping Computer The Spanish police have announced the arrest of 13 people and the launch of investigations on another seven for their participation in a phishing ring that stole online bank credentials. The threat actors used phishing lures to trick their victims into believing they received an alert from their bank and proceeded to steal their account credentials. Having access to banking accounts, the adversaries used their victims' money to make online purchases, direct transfers to "money mule" accounts, or request personal loans. The police say the threat actors stole at least 443,600 Euros ($466,000). from approximately 146 victims as part of these phishing attacks. "The operation, carried out in several phases between January 2019 and April of this year, has ended with the arrest of 13 people -and another 7 investigated but not detained- in A Coruña, Córdoba (5), Huelva, Madrid (2), Málaga, Murcia, Palma de Mallorca and Terrassa (Barcelona)....