Man Loses 190,000 Euros to Investment Scammer - Authorities Warn of Surge in Investment Scams in Kelheim and Deggendorf
Authorities in Kelheim and Deggendorf are cautioning residents about a surge in investment scams. A man from Kelheim district has lost a staggering €190,000 to fraudulent online platforms promising high returns on stocks, binary options, and cryptocurrencies.
The victim, a resident of Kelheim, was lured by the promise of substantial profits from self-proclaimed investment bankers. Between July and October, he transferred funds to the fraudulent platforms, only to be cut off once the scammers had obtained their ill-gotten gains. In a similar incident, a man from Deggendorf district lost around €70,000 to a scam involving a Swiss account.
Local police in Kelheim and Deggendorf, along with public prosecutors in Landshut and Straubing, are investigating these cases. However, no further details have been made public regarding ongoing investigations.
Authorities urge the public to be vigilant against such scams. They advise against investing with unregulated platforms and to verify the credentials of any potential investment partners. Anyone who suspects they may have fallen victim to an investment scam is encouraged to report it to their local police.
Read also:
- India's Agriculture Minister Reviews Sector Progress Amid Heavy Rains, Crop Areas Up
- Cyprus, Kuwait Strengthen Strategic Partnership with Upcoming Ministerial Meeting
- Inspired & Paddy Power Extend Virtual Sports Partnership for UK & Ireland Retail
- South West & South East England: Check & Object to Lorry Operator Licensing Now
