International, Hungarian police investigation cracks down on financial fraudsters
Police from Hungary, Germany, Netherlands, Malta and Spain have cracked down on a network of financial fraudsters, Hungarian detectives said on police.hu on Tuesday.
Starting in December 2021, the gang’s members phoned German nationals pretending to represent a US investment house and offered investment opportunities with a high return against advance payment. Once the money was transferred, they disappeared.
Law enforcement of the five countries led by German police raided 38 sites simultaneously. Hungarian police raided five sites in the greater Budapest area associated with a gang member of German nationality living in Hungary, seizing documents and computers, police.hu said.
Read alsoHungarians are working on the latest Range Rover!
Source: MTI
If you would like to support the work of the Daily News Hungary staff and independent journalism,
please make a donation here
please make a donation here
Hot news
Top Hungary news: Olympics in Budapest, Russian gas, Hungary’s debt, new Müller store, Prince William as landlord, expensive panel flats – 18 November, 2024
Hungarian FM: Suspending EU-Israel political dialogue ‘would be mistake’
European Commission demands a further EUR 60 million from Hungary
Hungary’s MÁV group to undergo major restructuring
Russian gas supplies to Austria disrupted: Will this threaten Hungary’s gas supply?
Hungarian opposition Jobbik urges health-care finance reform
