Latest cybersecurity reporting from selected sources.

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Law enforcement authorities in Europe have arrested five suspects in connection with an "elaborate" online investment fraud scheme that stole more than €100 million ($118 million) from over 100 victims in France, Germany, Italy, and Spain

Nigerian national Chukwuemeka Victor Amachukwu has been extradited from France to the U.S. to face charges of hacking, fraud, and identity theft for suspected spearphishing attacks on U.S. tax preparation businesses. [...]

A Nigerian man accused of hacking, fraud and identity theft has been extradited from France to the US to face charges

Also: ToolShell Hits South Africa, Most Americans Are Online Fraud VictimsThis week: Did China sneak a peek into ToolShell? ToolShell hacking in South Africa, Cisco flaws, an Arizona woman sentenced for aiding North Korea. Most Americans scammed online, a NASCAR data breach and a claimed data leak at France's Naval Group. Orange telecom disrupted. Dating app Tea breach.

Europol on Monday announced the takedown of a cryptocurrency investment fraud ring that laundered €460 million ($540 million) from more than 5,000 victims across the world

France’s four leading mobile operators, Bouygues, Free, Orange and SFR, have taken steps to combat mobile fraud as part of the GSMA Open Gateway initiative

Cybersecurity researchers have discovered an updated version of an Android banking trojan called Medusa that has been used to target users in Canada, France, Italy, Spain, Turkey, the U.K., and the U.S

Also: Amazon Sues Alleged Refund Gang, Ukraine Says It Hacked Russian Tax SystemThis week, French police arrested an alleged Hive "banker," Amazon cracked down on a refund fraud ring, Ukraine military intelligence said it hacked the Russian tax system, the U.K. Ministry of Defense was fined and Kraft Heinz said it is doing fine after an alleged ransomware attack.

Sebastien Raoult, a 22-year-old from France, has pleaded guilty in the U.S. District Court of Seattle to conspiracy to commit wire fraud and aggravated identity theft as part of his activities in the ShinyHunters hacking group. [...]

An analysis of the mobile threat landscape in 2022 shows that Spain and Turkey are the most targeted countries for malware campaigns, even as a mix of new and existing banking trojans are increasingly targeting Android devices to conduct on-device fraud (ODF)