Five Southern California residents were arrested for their alleged roles in a fraud scheme that stole over €300 million from victims in Germany.

The suspects are accused of creating a scheme that targeted their victims with millions of recurring debit and credit card charges that hit below €50 (around $57 USD) to avoid any detection or suspicion.

The charges were linked to fake or non-existent companies and used fictitious websites that were only accessible via direct links or URLs, according to the U.S. Department of Justice.

“The operators of the network then colluded with German payment service processors – including their executives and compliance officers – to process these payments,” DOJ officials said. “Former employees and executives of German payment processors are among those

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