Belgian authorities say a European phishing gang stole over $572,000 from victims before laundering the proceeds through cryptocurrency.
Belgian authorities arrested a 19-year-old suspected of being a key figure in a European phishing and money-laundering network that stole more than 500,000 euros ($572,000) using fake government emails and phone calls to trick victims into installing remote-access software.
Authorities detained the suspect in an Airbnb in Antwerp, where a second suspect was also found. The Federal Judicial Police launched the investigation in March 2026, when phishing attacks became a priority in the region, according to a Thursday police report.
The main suspect was brought before an investigating judge, who issued an arrest warrant. The gang used money mules and cash carriers and laundered the proceeds through cryptocurrencies.
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