Spanish authorities have broken up a cybercrime syndicate of Ukrainian and Russian nationals that allegedly stole more than 1 billion euros ($1.24 billion) from bank accounts over more than four years.
The Interior Ministry on March 26 said the gang’s alleged mastermind, identified as a Ukrainian and named only as “Denis K.,” was arrested in the coastal city of Alicante, along with three accomplices who it said were Russian and Ukrainian citizens.