The Munich police have recently apprehended a 22-year-old man in Nymphenburg who was attempting to collect 12,000 euros from a senior citizen, as part of a scheme orchestrated by cybercriminals. The arrested individual, a homeless Ukrainian, is currently in custody awaiting further legal proceedings. The police's economic crime division, led by Andreas Wübert, is actively investigating and searching for accomplices who are primarily based in Eastern Europe and Asia, often directing their operations from call centers situated in those regions.

Since the beginning of 2025, there has been a notable increase in digital fraud cases reported by the Munich police, particularly in relation to scams involving cryptocurrency investments like Bitcoin and Ethereum. The scammers promise victims high returns on investments purportedly in digital currencies, which typically leads to losing substantial amounts of money. This method capitalizes on the growing interest in cryptocurrency trading, despite the associated risks.

Authorities are emphasizing the need for public awareness regarding such scams, as many individuals, especially the elderly, fall prey to the sophisticated tactics employed by these fraudsters. The police also stress the importance of caution when confronted with unsolicited investment opportunities that seem too good to be true. Continuous efforts are being made to dismantle these criminal networks and inform the public about the ongoing threats posed by cyber trading fraud.