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Police Open Fraud Probe After Woman Loses Over €160,000 in Online Investment Scam

Criminal investigators are now handling the case.

Overview

  • The victim from Mansfeld-Südharz first used a seemingly legitimate investment website in August after depositing €250.
  • The platform displayed an alleged gain of about €460,000, which the perpetrators used to build trust.
  • She was instructed to transfer nearly €160,000 to a foreign account to unlock the payout and avoid a supposed capital-gains tax.
  • A further request for about €4,600 to reinvest followed, and the victim complied before communication ceased.
  • Police reported the case on December 22, saying the promised payout never arrived and that a fraud investigation is underway with no reported recoveries.