GPS scam stopped in its tracks

Image of a German Army PzH2000 howitzer at the Grafenwoehr training area on March 7, 2018. Credit: Wikipedia: U.S. Army photo by Markus Rauchenberger - CC BY 2.0

SPANISH police have broken up a large-scale GPS tracker scam, which has resulted in the arrests of 21 people accused of swindling more than 8,000 unsuspecting victims in more than 70 countries out of amounts exceeding €25 million. 

Meanwhile, an additional four alleged conmen were arrested in Brazil, France and Portugal. 

The operation was undertaken in collaboration with the European law enforcement agency Europol, and those arrested were of Spanish, Portuguese and Colombian nationality.

The members of the crime ring are accused of selling GPS trackers to investors, who were then given points depending on how much money they invested, which they were told they could trade for expensive houses and various objects of luxury.

The first case was initially picked up on in Brazil in 2013, but incidents eventually spread, extending to different parts of Europe and Northern Africa, amongst others.

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