Morocco Bust Criminal Ring Involved in Hacking, Robbing International Banks

Moroccos BCIJ
Morocco’s Central Bureau for Judicial Investigation

The Central Bureau for Judicial Investigation (BCIJ) dismantled a criminal network suspected of robbing large sums of money from several international banks.

In coordination with the Directorate-General for Territorial Surveillance (DGST) and Spanish authorities, the BCIJ busted a criminal ring suspected of misappropriating large sums of money through the use of malware and by hacking bank accounts in collusion with some center employees.

A statement from the BCIJ said on Tuesday that the dismantling of the criminal network, based on accurate information provided by the DGST services, is part of efforts to strengthen international security cooperation to fight terrorism and cross-border organized crime.

Search operations resulted in the seizure of electronic equipment used in these criminal acts, as well as large sums of money resulting from these criminal activities, according to the same source.

The 16 individuals, who come from Moroccan cities, including Casablanca, Meknes, Khénifra, Oujda, Marrakech and El Hajeb, were arrested for their alleged links to the criminal network.

The authorities have placed the suspects under police custody, awaiting further investigation under the supervision of the Public Prosecutor.