Nephew Trick, Love Fraud and Co.: Already More than 115 Million Euros Damage
7 Articles
7 Articles
According to the National Bank, the sum of damages increased by almost 18 percent in 2025. Love fraud, grandkid or nephew tricks are frequent frauds.
Scammers are increasingly robbing people in Austria of their savings. Last year, the total amount of money lost through fraudulent transactions rose by almost 18 percent to €115.4 million, the National Bank (OeNB) announced on Thursday. The fraudsters obtain the money through methods such as fake calls and messages or by feigning an emergency.
Meanwhile, there are a wide variety of meshes, such as fraudsters gushing money from foreign accounts. However, the victims rarely bring in advertisements. AUSTRIA. The people in Austria rarely report when they have become victims of payment fraud. This has resulted in a survey by the market research institute Markebätt on behalf of the payment service provider Visa. Admittedly, 92 per cent of the respondents indicate that in the case of the cas…
Trend rising: 1.6 cents of 1000 euros are spent on fraudsters. Artificial intelligence also opens up new possibilities for fraudsters.
VIENNA. Affected by attempts at deception first warn their own environment and only then inform the bank or the police.
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