Skip to content

Bochum Residents Lose Millions in Cyber Trading Scams

Residents' life savings vanish in online scams. Police warn of convincing tactics and urge vigilance.

In this picture we can see a market, in which we can see some stoles and we can see few people are...
In this picture we can see a market, in which we can see some stoles and we can see few people are around.

Bochum Residents Lose Millions in Cyber Trading Scams

Bochum residents have fallen victim to a wave of cyber trading fraud, with total losses exceeding 1.26 million euros. The police have warned of sophisticated scams targeting unsuspecting individuals through social media and online platforms.

The most recent cases involve a 56-year-old Witten resident who lost approximately 430,000 euros after being lured into an investment group via social media. An 82-year-old Bochum resident suffered even greater losses, totaling 555,000 euros, after being persuaded to invest through a fake online advertisement. In another incident, a 71-year-old Bochum resident invested 280,000 euros in alleged cryptocurrencies, having been deceived by a fake media article.

Scammers employ convincing tactics to trick their victims. They use professionally designed online ads and fake news articles to mimic real investment companies. They may also gain remote access to computers and manipulate victims emotionally through messaging services, even inviting them to investment chat groups that are often scam platforms.

The police urge everyone to stay vigilant and report suspicious activities promptly to protect against financial losses from cyber trading fraud. It is crucial to maintain a critical attitude when dealing with online contacts and be cautious of any investment opportunities presented through social media or online platforms.

Read also:

Latest