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1h ago

Saxony Police Probe Investment Scams as Dresden Victim Loses €230,000

Police highlight a bogus tax demand tied to a fake trading platform as a key tactic in the latest case.

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Ein 65-Jähriger aus Sachsen hat durch Anlagebetrug insgesamt 230.000 Euro verloren. Der Mann investierte zunächst 130.000 Euro auf einer vermeintlichen Tradingplattform, wie die Polizei in Dresden mitteilte.

Overview

  • A 65-year-old from Dresden lost a total of €230,000 after first placing €130,000 on a purported trading site and later transferring about €100,000 for a fabricated tax, police said.
  • The Dresden case came to police attention on Tuesday, and the victim did not recover any of the money after complying with the tax demand.
  • In a separate incident reported a day earlier, a 40-year-old in Vogtlandkreis transferred €28,000 following a social-media pitch about supposed Bitcoin investments.
  • The Vogtland victim made multiple payments seeking high returns and discovered the fraud when he could no longer access the funds, with recovery initially unclear.
  • Authorities opened investigations and warned the public to distrust unsolicited offers and claims of unusually high returns tied to online investment schemes.