NewzVille International
Spanish police have arrested 34 people in a nationwide operation targeting an international crime ring called “Black Axe.” The suspects face accusations of fraud, money laundering, and document forgery.
Black Axe began in Nigeria in the late 1970s as a student body and has since transformed into a structured, violent criminal organization, primarily involved in cyber-enabled financial crimes.
Europol said the operation was coordinated with German authorities as part of a broader investigation.
The network allegedly recruited money mules from impoverished areas in Spain with high unemployment. Investigators estimate that the group defrauded victims of over 6.87 million dollars.
