CJNG Entered The Financial Fraud Business, With Artificial Intelligence, Warns INTERPOL

"Sol Prendido" for Borderland Best

The International Criminal Police Organization (INTERPOL) - whose headquarters are in Lyon, France and its president is Ahmed Naser Al-Raisi - warned in a report presented on March 11, 2024, that the Jalisco New Generation Cartel (CJNG) became involved in the business of financial fraud.

In the 'Financial Fraud Assessment, the International Criminal Police Organization', INTERPOL warned that the growing use of technology was allowing organized crime groups to better catch their victims around the world.

According to INTERPOL, the most common types of fraud in “the Americas” were identity theft, fake romances to take advantage of the victim, technical support, advance payment and telecommunications fraud.

“There is increasing evidence that Latin American criminal organizations such as the Comando Vermelho, the Primeiro Comando da Capital (PCC) and the Jalisco New Generation Cartel (CJNG), also participate in the commission of financial fraud,” emphasized the International Police Organization. Criminal

The most common types of fraud in America are phishing, romance, technical support, advance payment, and telecommunications frauds. Fraud driven by human trafficking continues to be a growing criminal phenomenon. The INTERPOL-coordinated operation, Operation Turquoise V, revealed that hundreds of victims were removed from the region after being lured through messaging apps and social media platforms and coerced into committing fraud, including investment fraud and pig slaughter he detailed.

“We are facing an epidemic in the growth of financial fraud, leading to individuals, often vulnerable people, and businesses being defrauded on a massive and global scale. “Changes in technology and the rapid increase in the scale and volume of organized crime have driven the creation of a variety of new ways to defraud innocent people, businesses and even governments,” INTERPOL Secretary General Jürgen Stock was quoted as saying. in the report.

“With the development of AI [Artificial Intelligence] and cryptocurrencies, the situation will only worsen if urgent measures are not taken. It is important that there be no safe havens for financial fraudsters to operate. We must close existing gaps and ensure that information sharing between sectors and across borders is the norm, not the exception,” Stock added.

“We must also encourage greater reporting of financial crimes, as well as invest in capacity building and training so that law enforcement agencies develop a more effective and truly global response,” insisted the Secretary General of the International Criminal Police Organization.

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