Seven arrested in international investment fraud investigation
Authorities searched 17 locations and seized more than 100 servers on 3 November. Eurojust estimates losses at more than €4 million.
The investigation began in 2022 after a German couple reported being unable to withdraw money from an online trading platform. According to Eurojust, platforms lured investors with high returns and displayed fictitious profits before purported brokers pushed them to deposit larger amounts.
Prosecutors in Itzehoe, Germany, led the operation. Investigators suspect a company in Cyprus and Israel of supplying fraudulent websites to groups believed to operate call centres in Albania, Kosovo and North Macedonia. The seven suspects were arrested with a view to surrender or extradition to Germany.









































