Investment fraud again

Unterländer (70) lost far more than 100,000 euros

It happens all the time that older people in particular are being ripped off by criminals in online scams. This case is, of course, exceptional when you consider the amount of money scammed.

On Wednesday, a 70-year-old man from Walchsee (Oed district) reported to the police that an unknown person had tricked him into transferring money via an online investment platform. He was supposed to make transfers in the lower six-figure euro range to various accounts. The 70-year-old then did so.

Fraud seen through too late
A short time later, the victim was asked to pay another low six-figure euro amount for taxes and agency costs into another account. This was the only way he could get his money and winnings paid out. The man from Unterland saw through the scam and did not transfer the requested sum.

The money already paid in - probably several hundred thousand euros - could not be recovered by the bank. The enormous sum will probably remain lost.