In Dubai, police forces from China, the United States, and the United Arab Emirates recently worked together for the first time in an international effort to combat telephone and internet fraud, as reported by Xinhua.
Summary
- China, the U.S. and UAE reported their first joint crackdown on Dubai crypto romance scams.
- Authorities said nine fraud dens were dismantled and 276 suspects were captured in the operation.
- DOJ documents link similar networks to fake crypto platforms and millions in victim losses globally.
Chinese authorities shut down nine illegal call centers and arrested 276 people involved in fraud schemes, according to the Ministry of Public Security.
According to investigators, the groups created fake online romances with victims to lure them into cryptocurrency schemes promising high profits.
The report detailed that people lost money after transferring funds to these fraudulent schemes. According to Xinhua, Chinese officials described the operation as a collaborative effort with international partners to combat online fraud.
Crypto.news links raid to wider FBI case
Crypto.news recently reported that a large-scale operation led by the FBI shut down nine cryptocurrency scam centers and resulted in 276 arrests. Dubai police accounted for 275 of those arrests, with Thai authorities detaining the remaining suspect as part of the same international effort.
U.S. prosecutors in Southern California have accused several people of wire fraud and money laundering. Investigators say these crimes are connected to three companies – Ko Thet Company, Sanduo Group, and Giant Company – which officials believe were used to operate scam centers.
How the crypto romance scams worked
According to the Justice Department, the accused individuals gained people’s trust and affection over time, both in the U.S. and abroad. They then used this trust to encourage victims to invest in cryptocurrency and transfer money to fake platforms.
According to the Department of Justice, victims lost access to their cryptocurrency after sending it to fraudulent platforms. Prosecutors explained that the funds were then transferred through various crypto accounts, often controlled by the people running the scams. Investigators have already identified millions of dollars in losses related to these cases.
This action is part of a larger effort to stop organized fraud involving cryptocurrency investments. The Department of Justice stated that the FBI’s San Diego field office began investigating in 2025 after discovering companies and individuals running fraudulent schemes related to crypto.
The FBI in San Diego reported that Operation Level Up had, by April 2026, alerted nearly 9,000 people who were victims of cryptocurrency investment scams and prevented an estimated $562 million in losses. These recent arrests demonstrate that law enforcement is now focusing on the people running these scams – including those who recruit and manage them – rather than just tracking the money.
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2026-05-17 17:42