Law enforcement agencies in Europe arrested 18 people involved in three major credit card fraud and money laundering schemes, resulting in losses exceeding €300 million (about $346 million). The suspects are from various countries, including the U.S., Canada, Germany, and Lithuania. Between 2016 and 2021, they allegedly defrauded over 4.3 million cardholders across 193 countries by stealing credit card information, creating counterfeit accounts, and laundering money through fake online subscriptions. The operation, named Operation Chargeback, aimed to apprehend a total of 44 individuals believed to be part of these networks. The scale of the fraud was significant, with the criminals using 19 million fake subscriptions to exploit unsuspecting victims. Europol provided details on the operation, highlighting the international nature of the crime and the coordinated efforts of law enforcement across multiple nations to address it.