QQAAZZ Group: How Cybercriminals Built a Money Laundering Empire

How do cybercriminals launder the money they steal from their victims? And who helps them with this dirty work? Turns out, there are many online gangs on the darkweb who specialize in laundering stolen money. In this video, I discuss a real-life case involving one online gang in particular, named QQAAZZ. We’ll take a close look at FBI documents to understand how QQAAZZ laundered money, step by step. And we’ll also reveal how QQAAZZ’s love of Instagram clout ultimately led to its downfall. Welcome to the Sumsub YouTube channel. Come explore the online jungle with us. Sumsub — empowering compliance and anti-fraud teams to fight money laundering, terrorist financing, and online fraud. More about us: ​ ​ ​ 00:00 Intro 00:27 Evidence of Unexplained Wealth 02:35 Hierarchy 04:40 QQAAZZ’s Clientele 05:18