Police in London say they have taken down a website called iSpoof and smashed an international fraud operation that may have claimed more than 200,000 fraud victims in Britain.
The Metropolitan Police said victims are thought to have lost tens of millions of pounds and those running iSpoof made £3.2 million ($3.88 million) over 20 months.
Losses reported to Action Fraud from iSpoof calls total £48 million ($58 million), but this is believed to be an underestimate of the true losses incurred.
More than 100 people have been arrested in Britain, most of them on suspicion of perpetrating fraud.
The Met said they are contacting more than 70,000 phone numbers which have been contacted by one of the iSpoof suspects….