Investment Scams

Fraudsters frequently target unsuspecting individuals through emails, online advertisements, or unsolicited phone calls, posing as representatives of major international investment firms. They promise high returns by encouraging victims to open accounts on online investment platforms.

These platforms are entirely fake. To make their claims more convincing, scammers often speak fluent Greek and appear knowledgeable about financial matters.

Many victims report that their initial investments seemed to generate high returns on these fraudulent platforms, which led them to invest even more. However, when they attempted to withdraw their profits, they realized they had been deceived.

How to Avoid the Scam:

• Be extremely cautious when receiving unsolicited phone calls from unknown individuals.
• Treat online ads and social media posts promising high returns with skepticism.
• Before opening an account on any online investment platform, verify that it is licensed by a legitimate and competent regulatory authority.
• No promotional offer should ever make you forget that there is NEVER high return without high risk — which may lead to the loss of part or even all your invested capital.
• You can review the detailed warning issued by the Hellenic Capital Market Commission regarding online investment fraud and associated risks. http://www.hcmc.gr/aweb/files/warnings/files/WARNING_CYBER%20CRIME_30%2011%202020.pdf