In the context of combating international economic crime via the Internet and fraud platforms, the authorities in the German state of Baden-Forttemberg confiscated nearly 800 illegal websites.
This came in cooperation between the Federal Public Prosecution Crime Center in the city of Karlsruoh, the state investigation office in the state and the European police (Europol) and the Bulgarian judicial authorities.
“The confiscated ranges have been redirected to the confiscation page hosted by the Baden-Forttemberg Criminal Investigation Office, and therefore it can no longer be used to commit crimes,” the confiscated ranges have been directed to the confiscation page hosted by the Baden-Forttemberg Criminal Bureau, and therefore it can no longer be used to commit crimes.
The statement added: “These measures resulted in a great weakening of the criminal authorities, by systematically disrupting their technical infrastructure.” He stated that since the re -guidance process, about 616,000 entry attempts to the sites that have been controlled only in the past two weeks were recorded only.
Button
These procedures relate to a relatively new type of fraud known as “electronic circulation fraud”, where criminals delude their naive victims of the possibility of achieving great profits by pressing a button, especially in the field of encrypted currencies. According to the safety report issued by the Ministry of Interior, these offers are promoted on sites that appear reliable.
Users are usually required to register a simple registration. After registration, the victims receive phone calls from alleged “brokers” asking for a preliminary investment often of 250 euros. These investments appear successful at first sight, and sometimes even provide small financial payments to enhance confidence.
“These apparent successes, in addition to the intense and thoughtful influence of the alleged mediator, pay the victims to invest more money,” the experts wrote. Criminals often exert severe pressure. But once the victims try to withdraw their alleged profits, the websites and the concerned people become unavailable.
According to the safety report for the year 2024, the authorities recorded the high number of fraud cases to 1036 cases, in addition to an increase in more than twice the number of crimes committed from abroad. “One of the reasons for that wide spread of electronic platforms is, and many victims hope to achieve great profits by pressing a button, along with their naivety and good intention.”
The Cyber Crime Center and the state’s criminal investigation office are conducting investigations against unknown persons in this case. Some of the 796 confiscated sites have written in German. The authorities said that the operators of these sites are not obtained by the necessary permits from the Federal Authority for Control of Financial Services (Bavina) to provide financial, banking or securities.
The Criminal Investigation Office and the Consumer Consumer Center advised the consumer of the necessity of accurate verification of trading platforms before registering or transferring money to them. “Do not allow you to put pressure on you, take your time to check and evaluate it quietly,” the warning said.