Money fraudster caught by police in Bauma ZH

At the end of 2024, the 76-year-old came across a website that he believed offered "absolutely reputable-looking investment opportunities", as the Zurich cantonal police wrote on Saturday. After initial contact, a personal advisor skillfully built up a strong relationship of trust with the man. She persuaded him to make various investments totaling several tens of thousands of francs.

The victim only gradually recognized the elaborately staged online investment fraud and filed a complaint with the police. In the hope of still getting hold of the supposedly lost money, he was persuaded by the advisor to pay a final fee of over ten thousand francs to extract the investment, according to the report.

When the money was handed over to the fraudulent collector, investigators from the Zurich cantonal police were on hand and arrested the 38-year-old Ukrainian. He was questioned about the allegations. The cantonal police are now investigating whether he was involved in other cash pick-ups. They are handing him over to the Lake/Oberland public prosecutor's office.

According to the Zurich cantonal police, fraudsters use online investment platforms to swindle millions in the three-digit range every year. They recommend caution in connection with online investments.