Fraudsters in Krems: 54-year-old fiddles 100,000 euros with false promises!

Fraudsters in Krems: 54-year-old fiddles 100,000 euros with false promises!

In the Krems district, the arrest of a 54-year-old man made headlines that is suspected of having grown a fraud with false promises since February 2022. As 5min , the damage amounts to around 100,000 euros, which it is said to have accumulated from at least three victims. His suspected trick? The curl with high profits by trading in welding equipment.

After months of investigation, the Krems police inspection on the Danube temporarily arrested the accused on June 5, 2025. The man was partially confessed with the interrogations, but the exact background of his machinations are still in the balance. At the order of the Krems public prosecutor, he is now sitting in the Krems.

The fraud and its mechanisms

The case is an impressive example of the methods that fraudsters use to gain trust and to sclee capital. According to Anwalt.de there are many strategies to manipulate their victims. This often happens through incorrect information or by imitation of authority, which gives those affected a feeling of security.

The range of possible fraud forms ranges from fake promises to unrealistic returns to emotional pressure. It is important to act prudently in such critical situations: immediate contact bans and careful documentation of all relevant information would be essential steps.

police are looking for clues

The police have already taken measures to possibly identify other victims of this fraudster. Photos of the accused were published, and possible injuries are urgently asked to report to the Krems police inspection on 059133-3440, as the

The descriptions of the victims indicate that they were lured into the trap by promising high profits and allegedly lucrative investments in welding equipment. Such trust is often the basis for financial losses, because fraudsters use the fears and the desire for the financial security of their victims mercilessly.