Police stops fraudsters: over 230,000 euros saved from loss!

Police stops fraudsters: over 230,000 euros saved from loss!

In a current campaign, the police Aalen switched off a fraudulent internet platform that misleaded unsuspecting citizens through investment fraud. According to Schwäbische Post reacted quickly to prevent transfers of around 230,000 euros. In total, more than 600 potential victims were informed about the fraud via SMS.

The fraudulent activities concerned persons who should transfer funds to a given account under the pretext of investing in high -interest systems. However, the money did not flow into actual systems, but was redirected. According to the police, amounts of over 100,000 euros have already been secured, but some damage cases remained undetected despite the rapid warning.

tips for fraud prevention

To avoid further fraud, the police give valuable tips: consumers should be particularly suspicious of high returns with little risk and find out extensively about investment platforms. In addition, the police advise you to take the time to thoroughly check offers and not to reveal any sensitive data. The absence of remote access to computers is also important. Consumer advice centers and the Federal Financial Agency can offer additional help.

In a larger context, the UN warns of the spread of cyber fraud, which is referred to as "cancer". As SPIEGEL is increasingly reported active in the digital world, which increases the need to take measures against such attempts to fraud

regulatory measures in the financial sector

In order to increase security in online payment transactions, financial service providers are faced with the challenge of dealing with the regulatory adjustments of the European Commission. The planned regulations, including PSD 3 (Payment Service Directive 3) and the PSR (Payment Service Regulation), increase the requirements for security measures for financial service providers, as in the study by pwc

These regulations not only require regular information from customers: inside about various fraud forms such as phishing and visiting, but also the development of progressive technologies for fraud recognition, including artificial intelligence. In addition, 24/7 support is recommended to ensure comprehensive protection against fraud and enable excellent response times.

Finally, it can be said that the fight against investment fraud and cybercrime requires increased cooperation between the police, financial service providers and the consumer: inside. Sensitization and information are key to prevention.