Billion dollar fraud on the Internet | DW Documentary
Interest-based investment portals on the Internet are one of the biggest scams of our time. People sign up, hoping to invest. Instead, they are cheated out of billions. In Germany alone, thousands of victims have fallen victim to their own gullibility.
Filmmakers Niklas Resch and Caroline Uhl meet with victims and investigators, then track down some of the perpetrators behind the scams. They discover that trying to put a stop to this kind of fraud is like tilting at windmills. Moreover: Victims and perpetrators may have more in common than they think.
Ulrike Schneider was cheated out of a lot of money. Ironically, she lost over 10,000 euros because she tried to do a good job investing her savings. She invested money with an online financial portal called TradeInvest90 because it promised good profits in a short time. What Schneider did not suspect: The portal was run by an international gang of fraudsters.
In the film, we also meet Adrian. In his late 20s, he was living in Kosovo with hardly any money. So when he received an offer for a well-paid call center job, he jumped at it. But he quickly realized that his job was illegal. His job was to pretend to be a financial market expert for portals such as TradeInvest90 - and thus to take money from German-speaking investors such as Ulrike Schneider over the phone.
Adrian and his colleagues bilked their victims out of millions - and earned enormous sums themselves. The head of this gang of fraudsters has become a multi-millionaire. He shamelessly squanders the savings of his victims.
The fraud continued for several years until investigators from the State Criminal Police Office in Saarbrücken put a stop to the gang - following a complex investigation. But others continue to steal vast sums of money using the same scam to this day.
The filmmakers have succeeded in providing a deep insight into the innermost workings of a highly organized gang of fraudsters. For the first time, the film shows original material from inside the call center. The documentary contrasts the views and motives of victims, perpetrators and investigators - and shows the psychological mechanisms at work in both the deceived and the deceivers.
#documentary #dwdocumentary
______
DW Documentary gives you knowledge beyond the headlines. Watch top documentaries from German broadcasters and international production companies. Meet intriguing people, travel to distant lands, get a look behind the complexities of daily life and build a deeper understanding of current affairs and global events. Subscribe and explore the world around you with DW Documentary.
Subscribe to:
⮞ DW Documentary (English):
⮞ DW Documental (Spanish):
⮞ DW Documentary وثائقية دي دبليو (Arabic):
⮞ DW Doku (German):
⮞ DW Documentary हिन्दी (Hindi):
For more visit:
Follow DW Documentary on Instagram:
Follow DW Documental on Facebook:
We kindly ask viewers to read and stick to the DW netiquette policy on our channel:
1 view
6
0
5 months ago 00:42:26 1
Billion dollar fraud on the Internet | DW Documentary
5 months ago 01:19:54 1
Climate: The Movie (The Cold Truth) Updated 4K version
5 months ago 01:02:22 1
Der Vatikan und das XX. Jahrhundert, Kapitel 16: Frankreich und der Vatikan # 3
5 months ago 00:11:15 1
Unveiling The World’s First & BIGGEST Ship Tunnel Megaproject!
5 months ago 00:03:55 1
New York: Intimate micro-cinemas gain popularity | BBC News
5 months ago 00:03:10 1
Manamey - Ika Na Maate Lyrical | Sharwanand, KrithiShetty | Sriram Adittya | Hesham Abdul Wahab
5 months ago 00:25:12 1
What Happened to Electric Vehicle Sales?
5 months ago 00:08:09 1
How This Billionaire Couple STOLE California’s Water Supply | The Class Room ft. @SecondThought
5 months ago 01:12:43 1
Alice Cooper - Hellfest 2022 (Full Concert)
5 months ago 00:01:13 1
goofy ahh type beat😤
5 months ago 00:15:18 1
From Faking 1M UK Stamps Weekly to Dumping Shoddy EVs and Goods, How Low Is the CCP?
5 months ago 00:10:41 1
Xpeng will build VW EVs in China to cut costs by 50% and fix software issues
5 months ago 00:09:16 1
Honeymoon Destinations Far From The Beach || Top 10 Best Honeymoon Destinations in the World
5 months ago 00:46:58 1
A Funny Thing Happened on the Way to the Moon - MM2
5 months ago 00:04:57 1
Mark Tremonti - My Way (Frank Sinatra Cover)
5 months ago 00:41:32 1
Alice Cooper Greatest Hits (Full Album) [Official Video]
5 months ago 00:00:59 1
He REFUSED $2 BILLION For Palestine
5 months ago 00:04:24 1
Galantis - Runaway (U & I) (Official Video)
5 months ago 00:09:39 1
America’s Revolutionary $400 Billion City || America’s $400 Billion Future Mega City Project
5 months ago 00:20:37 1
BILLIONS of EUROS :: Wealth Visualization, Manifestation, Abundance HD
5 months ago 01:10:49 1
Voices of the Earth Vol.2 The incomparable music will touch everyone!
5 months ago 01:13:26 4
The Great Global Warming Swindle - Full Documentary HD
5 months ago 00:16:11 1
BILLIONS in BITCOINS :: Wealth Visualization, Manifestation, Abundance HD