Germany Arrests 18 Members of International Fraud Ring

German authorities announced the arrest of 18 individuals linked to an international fraud and money laundering network that caused significant damage. The operation was conducted in cooperation with several countries' law enforcement agencies.

German authorities announced on Wednesday the arrest of 18 individuals as part of an international network involved in fraud and money laundering that caused significant damage.

"German authorities announced on Wednesday the arrest of 18 individuals as part of an international network involved in fraud and money laundering that caused significant damage," the statement read.

The operation was conducted in cooperation with law enforcement agencies from several countries. During the investigation, large sums of money and assets obtained through criminal activities were seized.

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