On Wednesday, Spanish police detained a key individual from EverFX’s bogus brokerage and investment platform’s Spanish operations. The police called the top gun they had captured “Pablo A.”
“Pablo A” was apprehended at the El Prat Airport in Barcelona, Spain, after he completed a trip from Romania, claims OCCRP, whose investigations in 2020 discovered the enormous investment fraud network. “Pablo A” and his teams spoke with victims “via call centers located on the periphery of the European Union,” according to a joint statement from police agencies Guardia Civil and Mossos d’Esquadra.
Olive Press, an English-language newspaper for the expatriate community in Spain, notes that about 17,000 persons were scammed in Spain alone.
The OCCRP reported a joint statement from the police that said the criminal organization was raking in roughly 50 million euros every three months from its tens of thousands of victims around the globe.
Meanwhile, a month has passed since the network’s 15 contact centers in Albania, Georgia, the Ukraine, Bulgaria, and North Macedonia were shut down by European authorities as part of a coordinated operation. Between November 8 and November 9, police and prosecutors from Germany, Spain, Sweden, Ukraine, and other six European countries carried out the raid. Among other things, five people were detained, and thousands of euros in cash were seized.
The campaign was led by Eurojust, the European Union agency for judicial cooperation, which also funded the efforts.
