Bochum Residents Lose €1.26M in Sophisticated Cyber-Trading Scams
Bochum residents have fallen victim to sophisticated cyber-trading scams, resulting in significant financial losses. The Bochum Police Presidium reports over 1.26 million euros lost in recent weeks, highlighting the growing threat of online investment fraud.
Victims are often lured through professionally designed online ads, fake news articles, or messaging services. Perpetrators misuse photos and videos of well-known personalities to gain trust. Recently, victims have been invited to join investment chat groups on messaging services, which are often scam platforms.
In one instance, an 82-year-old Bochum resident was induced to invest €555,000 after being contacted through deceptive online advertising. The fraudsters posed as legitimate investment platforms, using professional fake media and social media tactics. Similarly, a 71-year-old woman invested 280,000 euros in alleged cryptocurrencies after being lured by a fake news article. A 56-year-old resident of Witten lost approximately 430,000 euros due to fraudulent stocks, after being tricked into joining an investment group via social media.
Fraudsters may also gain remote access to computers and demand fees or taxes to secure supposed profits.
Cyber-trading fraud is growing rapidly and using increasingly sophisticated methods to deceive people. To protect assets, everyone should stay vigilant and report suspicious activities promptly. It is advisable to leave investment chat groups immediately if they are suspected to be scams. The Bochum Police Presidium urges caution and reminds residents to verify the legitimacy of any investment opportunities before engaging.
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