Cyber specialists uncover international fraud scheme
Cyber specialists from the SBU, in collaboration with the National Police, the Prosecutor’s Office, and law enforcement agencies in Latvia, have uncovered an international fraud scheme in which money was stolen from investors on electronic exchanges. The criminals operated through a fake call center, pretending to be a financial regulator of the EU.
Fake call center targeted European investors
Scammers targeted European investors by offering them «investment protection» in online exchange projects. For these «services,» they demanded 30% of the investment amount. Victims were also advised to install a special mobile application that allowed the scammers to fully control their financial operations.
