Cybercriminals posing as bank employees detained

The Main Cybercrime Department of the Ministry of Internal Affairs of Azerbaijan conducted another operation against cyberfraud involving the use of bank and non-bank credit institutions. As reported by Oxu.Az, citing the department, two more individuals were detained as a result: 24-year-old Javid Agayev and 20-year-old Elshan Agayev.

The investigation revealed that they created fake social media pages imitating official bank and credit institution accounts and attracted clients through paid advertising. Posing as credit department employees, they misled citizens by promising “favorable terms, low fees, and loans without guarantors.”

The victims, believing the pages to be authentic, provided the fraudsters with their bank card information, including expiration dates, CVV, and OTP codes. As a result, the confidential information was directly accessed by the suspects.

The funds were transferred to various bank accounts and e-wallets, after which they were cashed out.

The detainees admitted to stealing funds from hundreds of people’s cards in this manner.

A criminal case has been opened. Dzh. Agayev has been remanded in custody, while the investigation into E. Agayev is ongoing.

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