Fraudulent welding device deal: police are looking for further victims!

Fraudulent welding device deal: police are looking for further victims!

In the Krems district, a 54-year-old man was arrested who is suspected of capturing an amount of around 100,000 euros by fictitious investment promises. The accused has persuaded at least three people to hand over money amounts since February 2022 by promising high returns from an alleged trade in welding equipment. On June 5, 2025, he was temporarily arrested by the police, and the man was partially confessed during the interrogation. The Krems public prosecutor on the Danube then ordered its delivery to the Krems judicial facility. The police assume that there may be other victims and calls on to report on 059133-3440 in order to obtain further information and make possible claims.

The incidents related to fraud with welding devices are part of a major problem that can be found in the current fraud landscape. Active fraudulent brokers have now been put on a black list that investors informed in order to protect them from further losses. Investors whose brokers are on this list and who have not yet invested money may have escaped fraud. For injured parties who have already made deposits, it is strongly recommended to take measures immediately to avoid total loss. This information comes from lawyers' sites that specialize in current fraud cases, such as Anwalt.de .

fraud stitches and warning lists

The black list of brokers is updated regularly and is an important instrument for investors to minimize the risks of fraud. Entries on this list range from similar fraud stitches to serious warnings by supervisory authorities. The currently listed companies include IOSCO.CC, Ambit Capital and Quotrio, all of which have been noticed by poor experiences or concrete warnings. Investors should pay particular attention to licenses and the origin of their financial service providers, since many fraudulent brokers often operate without sufficient regulation.

The increasing number of fraudulent call centers and brokers, which are particularly active in the area of ​​cryptocurrencies, forex and CFDs, illustrates urgency for investors to become aware of the possible risks and substances of the services offered. Anyone who suspects to have become victims of a fraud should immediately take legal action into account and, if necessary, take advantage of professional help.