# Scambaiting Investment Scams – A Guide for European Scambaiters **URL:** \ **Category:** Tutorials\ **Created:** [May 19, 2025, 9:25am UTC](https://techscammersunited.com/t/scambaiting-investment-scams-a-guide-for-european-scambaiters/33406 "2025-05-19T09:25:08Z")\ **Posts on this page:** 3\ **Page:** 1
**Author:** ![dubloox3](https://techscammersunited.com/user_avatar/techscammersunited.com/dubloox3/32/21881_2.png) [@dubloox3](https://techscammersunited.com/u/dubloox3)\ **Post date:** [May 19, 2025, 9:25am UTC](https://techscammersunited.com/t/scambaiting-investment-scams-a-guide-for-european-scambaiters/33406/1 "2025-05-19T09:25:08Z")
Most scambaiters are familiar with refund and tech support scams – the kind where scammers pretend to be from Paypal, Amazon, Microsoft, … and connect to your PC. These mostly target US victims and require scambaiters to have a U.S. phone number and make outbound calls. But there’s another, less known (but bait-worthy) scam type that’s especially active in Europe: **Investment Scams** * * * 💡 What is the Scam? Investment scammers set up fake “financial service” companies and advertise on: - Social media platforms (Facebook, Instagram, etc.) - Fake news articles - Popups on shady websites Once a victim clicks, they’re redirected to a fake investment platform offering “huge profits” from trading crypto, forex, or stocks. Here’s how it usually plays out: - You register on the scam website with a name, email, and phone number. - Soon after, a call center scammer calls you and says you can start with a small deposit (usually €200–€300) or gives you the login to a fake dashboard to invest. - They give you a bank account to send your first deposit to (this is where we get money mule accounts to report). - They fake a dashboard showing fake profits to lure you into investing more. This can escalate into full-blown pig butchering. 🛑 Important: These “companies” are NEVER licensed or regulated by any financial regulator (like BaFin, FCA, etc.). If they’re offering investment services without regulation, they’re scammers. * * * **🎯 Why This is Great for EU Scambaiters** Unlike refund scams, this type: - Targets European victims (Germany, France, UK, etc.) - Only needs a European VoIP number to bait (you don’t even need to call out!) - Is simple to start – just register and wait for the callback - Might give out money mule bank accounts for reporting (or just pi\*\* them off) You can then: - Troll them on the phone and waste their time - Play along and collect a bank account for reporting - (Rare) Allow access to a VM and attempt to reverse-connect for OSINT * * * 📞 Where to Get Inspiration There are some scambaiters in 🇩🇪 Germany already doing this (and I teamed up with them). If you speak German, you can check out these channels for reference: - [https://www.youtube.com/@Telefonziege](https://www.youtube.com/@Telefonziege) - [https://www.youtube.com/@Ziggy\_Scambuster](https://www.youtube.com/@Ziggy_Scambuster) - [https://www.youtube.com/@CallcenterCrusher](https://www.youtube.com/@CallcenterCrusher) - [https://www.youtube.com/@badluigi7134](https://www.youtube.com/@badluigi7134) - … Unfortunately, there are very few 🇬🇧 UK-based scambaiters doing this. The only one I found so far is: - [https://www.youtube.com/@RomanceScammersAndOnlineScams](https://www.youtube.com/@RomanceScammersAndOnlineScams) - “mrwn” and “Agent G9” recently did a nice video about this even digging deeper: [https://www.youtube.com/watch?v=lOD9FSaymr8](https://www.youtube.com/watch?v=lOD9FSaymr8) * * * 🛠 How to Start 1. Get a European VoIP number (e.g., from Zadarma, voip.ms, etc.) 2. Register on investment-scam platforms (a good source is the FCA warning list, if they post a website their it’s 99% scam and you can register [https://www.fca.org.uk/consumers/warning-list-unauthorised-firms](https://www.fca.org.uk/consumers/warning-list-unauthorised-firms) if you need more send me a DM) 3. Wait for the call 4. Engage – troll, delay, and if you can: try to grab mule accounts you can report, if you want try to reverse connect if they do the anydesk-game If you’re looking to go beyond tech support scambaiting and hit a scam type that’s massive in Europe, this is might be interesting. Feel free to drop me a DM if you want to know more. Cheers from Germany dubloox3 ---
**Author:** ![Nigella](https://techscammersunited.com/user_avatar/techscammersunited.com/nigella/32/6660_2.png) [@Nigella](https://techscammersunited.com/u/Nigella)\ **Post date:** [May 19, 2025, 2:08pm UTC](https://techscammersunited.com/t/scambaiting-investment-scams-a-guide-for-european-scambaiters/33406/2 "2025-05-19T14:08:02Z")
Thanks. Some of these scams are pig butchering scams from Myanmar, Cambodia, Hong Kong, Dubai and Laos. ---
**Author:** ![dubloox3](https://techscammersunited.com/user_avatar/techscammersunited.com/dubloox3/32/21881_2.png) [@dubloox3](https://techscammersunited.com/u/dubloox3)\ **Post date:** [June 9, 2025, 8:46am UTC](https://techscammersunited.com/t/scambaiting-investment-scams-a-guide-for-european-scambaiters/33406/3 "2025-06-09T08:46:44Z")
thanks, most of the call centres targeting the EU are in Eastern Europe (they busted a coupled), Georgia, Türkiye…