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Man, 64, Falls Victim to Suspected Stock Investment Scam

Beware of enticing ads promising high returns. This man's story shows the dangers of online investment scams.

Right side it's a very big building. In the down side it looks like a store. In the left side...
Right side it's a very big building. In the down side it looks like a store. In the left side construction is going on.

Man, 64, Falls Victim to Suspected Stock Investment Scam

A 64-year-old man from Kaiserslautern has fallen victim to a suspected stock market investment scam. The victim discovered an enticing ad on a social media platform, promising substantial returns. After investing a significant sum in the stock market, he has yet to see any profits and has now reported the incident to the police.

The man, who has chosen to remain unnamed, came across the ad on a social media platform in June. Intrigued by the promise of lucrative stock market profits, he contacted the sender. He was then invited to join a chat group on a messaging app. Following the instructions provided, he downloaded and installed a special app on his smartphone for supposed online stock market trading. Despite investing several thousand euros, he has not received any of the promised returns. On Tuesday, the man filed a complaint for fraud with the criminal police, who have since begun an investigation into the case.

The victim's complaint has triggered an official investigation. Authorities are currently looking into the matter, with no evidence yet pointing to the identity of the person behind the ad. The public is urged to remain vigilant against such stock market scams and to report any suspicious activities to the relevant authorities.

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