Fraud Fizzles: Spanish Police Bust High-Tech Crime Network GXC Team
The Spanish Guardia Civil, aided by Group-IB, has apprehended the infamous GoogleXcoder, mastermind of the GXC Team. His Crime-as-a-Service operation specialized in selling illegal tools, like phishing kits and AI voice scams, causing millions in losses. His arrest follows a nationwide crackdown on cybercriminals exploiting institutions worldwide.
Hot Take:
Looks like the GXC Team’s Crime-as-a-Service model has been given the boot, and not the fashionable kind! The Spanish Guardia Civil and Group-IB have successfully turned the tables on GoogleXcoder and his merry band of miscreants. From phishing to AI voice scams, their bag of tricks was as diverse as it was devious. But alas, every scam must come to an end, and this one just hit the “404 – Mastermind Not Found” page. Good riddance to bad rubbish!
Key Points:
- The Spanish Guardia Civil, with help from Group-IB, dismantled the GXC Team, an online crime network.
- The alleged mastermind, GoogleXcoder, was arrested in Spain; he ran a Crime-as-a-Service operation.
- Tools sold included phishing kits, Android malware, and AI voice scams targeting financial institutions.
- The operation uncovered 250 fake sites and nine types of malicious software, leading to multiple arrests.
- Group-IB’s investigation highlighted the misuse of AI to industrialize fraud on a large scale.