Over €528,000 Scammed from Latvian Residents in One Week
From June 8 to 14, the State Police registered 191 fraud cases, 66 of which caused financial losses totaling at least €528,863. Phone scams accounted for €322,195, while investment fraud resulted in €132,610 in losses.
The State Police has reported a surge in fraud cases during the week of June 8–14, with 191 incidents recorded. Of these, 66 resulted in financial harm to victims, while 125 attempts were unsuccessful. The total amount defrauded reached at least €528,863.
Phone scams, also known as vishing, caused the highest losses at €322,195. Scammers impersonated representatives of various institutions and companies, including the State Police, the State Social Insurance Agency, "Latvenergo", mobile network operators, postal services, and credit institutions. The majority of these crimes occurred in the Riga region, where 160 cases were registered.
Additionally, investment fraud accounted for €132,610 in losses during the same period. Authorities urge residents to remain vigilant and not to comply with requests from unknown callers to transfer money or disclose personal information.
