Financial Crime World

Title: Police Warn of Cryptocurrency Scams in Slovenia: Over EUR 3.5 Million Stolen

Increase in Cryptocurrency Scams in Slovenia

The Slovenian police have reported an alarming increase in financial scams involving fraudulent notifications about profitable investments in cryptocurrencies. Over 100 cases, resulting in a total damage of approximately €3.5 million, have been investigated this year.

How the Scams Happen

Fraudsters are known to call unsuspecting victims at random, posing as representatives of well-known cryptocurrency exchange offices. Their convincing pitches often highlight potential earnings waiting to be claimed from virtual wallets.

Warning: Do not answer calls from unknown foreign or Slovenian phone numbers. Scammers could potentially hide their true identities.

The victims, often unaware of the scam, are instructed to install remote access software, such as Anydesk, on their computers or mobile phones. This gives the fraudsters full control over the victims’ devices.

Once obtained, the con artists then access victims’ online bank accounts and steal funds.

Preventing Cryptocurrency Scams

The Slovenian police advise the public to take the following precautions:

  1. Do not answer calls from unknown foreign or Slovenian phone numbers. Scammers could potentially hide their true identities.
  2. Be cautious of calls and offers regarding cryptocurrency earnings. Immediately hang up if contacted.
  3. Refuse to install remote access software on computers or mobile phones. This can leave your devices and personal information susceptible to control by unauthorized individuals.
  4. Do not allow anyone to access your online bank accounts.
  5. In case of a scam, gather all available documentation (emails, transaction details, phone numbers, email addresses, IP-addresses) and promptly file a report with your local police station and bank.

By following these recommendations, you can help prevent falling victim to such scams.

Stay Informed and Secure Your Assets

As technology evolves, so do the tactics of scammers. Stay informed about current threats and the best practices to protect your assets:

  • Stay informed about current threats and best practices to secure your online accounts.
  • Regularly update your software.
  • Use strong and unique passwords.
  • Consider implementing two-factor authentication to add an extra layer of security to your online accounts.

By staying informed and vigilant, you can help prevent falling victim to such scams.