Monday, 12 Oct, 2026

FBI Recovers $679 Million in Fraudulent Transfers Amid Surge in Cybercrime Exceeding $21 Billion

WASHINGTON — In the relentless high-stakes battle against international cyber syndicates and digital grifters, the Federal Bureau of Investigation (FBI) scored a monumental, albeit defensive, victory last year. According to newly released federal data, the bureau’s specialized asset-recovery mechanisms successfully intercepted and froze more than half a billion dollars destined for the pockets of cybercriminals. […]