Swiss Police Bust Nigerian Black Axe Gang

0:00On April 28, Swiss cops just busted 10 suspects tied to the Nigerian Black Axe gang for running romance scams and cyber fraud schemes. Europault says these guys caused millions of Swiss francs in damage, plus they were laundering the cash. Most of the arrested are Nigerian nationals. Black Axe started as a student fraternity back in the late 1970s, the neo-black movement of Africa. Over time, it turned into a hardcore criminal network, heavy into violent financial cyber crimes across Europe. Victims got hit hard by these scams, losing big money to fake online romances and fraud tricks. It's part of a wave of operations cracking down on these groups, showing how they're spreading from Nigeria into places like Switzerland. The raid involves Swiss and German police, working with Europault out of the Hague. It follows a bust in Spain back in January, and Interpol targeted Black Axe last year too. That's your update from Global News Today, powered by AI, I'm Corey with The Story.