Plauener loses 23,000 euros – crypto fraudsters hit online!

Plauener loses 23,000 euros – crypto fraudsters hit online!

In a tragic case of crypto fraud, a 42-year-old man from Plauen lost over 23,000 euros. The injured party was made aware of the supposedly lucrative crypto investments by an online acquaintance. The entry into the world of cryptocurrencies initially started positively. Smaller investments seemed to bear fruit and after a while the man decided to deposit 23,000 euros. But after this investment came the shock: he was told that there were problems with the payout, and as if that wasn't enough, he was pressured to pay another five-figure sum. Otherwise, the perpetrators threatened to block his account. The victim was horrified and eventually reported the matter to the police. This has now started investigations into fraud and extortion, like this Free press reported.

But the case is not an isolated incident, but part of a much larger problem: around 70 billion euros in damage is caused by crypto fraud worldwide every year. Time and again, people fall for the machinations of false investment platforms that deceive victims using psychologically sophisticated methods. The perpetrators are often themselves victims who are trapped in a perfidious system, as reports of the so-called “pig butchering” scam show. This method describes how cyberslaves, in deplorable conditions in countries like Cambodia, are forced to use fake identities to build trust and implicate their victims in crypto fraud. This information comes from daily news.

The tricks of the fraudsters

Cryptocurrencies, be it Bitcoin, Ethereum or Solana, have developed into a billion-dollar market, thereby increasing the incentive for fraudsters. The criminals' scam can be divided into six phases that are often used to deceive unsuspecting investors:

• Täuschung durch Werbung: Über soziale Netzwerke werden potenzielle Anleger mit falschen Empfehlungen angesprochen.
• Scheinseriosität: Die Opfer werden auf täuschend echte Webseiten geleitet, die Professionalität ausstrahlen.
• Erstkontakt: Conversion Agents bauen Vertrauen auf und initiieren erste Zahlungen.
• Retention Agents: Emotionale Bindungen werden geschaffen und der Eindruck erfolgreicher Investitionen vermittelt.
• Technische Kontrolle: Durch Fernzugriffssoftware erhalten die Betrüger Zugang zu persönlichen Daten der Opfer.
• Totalverlust: Zugänge werden gesperrt, Auszahlungen verweigert, und plötzlich tauchen angebliche Rückholfirmen auf, die ebenfalls betrügerisch sind.

The injured parties often realize far too late that their money was not invested in real investments and are faced with financial ruin. The Legal tips from Rechtsanwalt.de show how important it is to act quickly. Victims should immediately stop payments, cut off communications, and preserve evidence to pursue criminal and civil claims.

Investigating cybercrime of this kind is often difficult because the perpetrators operate across borders and the crimes often take place abroad. Meanwhile, authorities are working together internationally to combat these crimes. The Plauener's case once again shows how important education and awareness are in the digital world in order to protect people from such fraudulent activities.