Suspect found dead in cell after 520 days in custody

Suspect found dead in cell after 520 days in custody

© dpa
The alleged million dollar scam was found dead in his cell. The symbolic photo gives an insight into a prison cell in the Sehnde correctional facility.

He was the main suspect of a million dollar fraud and had been in custody for more than 520 days. Now the man is dead. He was found lifeless in his cell in the Saarbrücken correctional facility.

The body was discovered on Monday and brought to forensic medicine, the “reportedHandelsblatt“On Tuesday (July 7th). How he died is not known. The result of an autopsy is still pending.

Up to 200,000 Germans cheated by a hundred million euros

According to the “Handelsblatt”, the Saarbrücken prosecutor assumes that the man and his alleged accomplices could have cheated up to 200,000 Germans by hundreds of millions of euros. The mid-fifties had been in pre-trial detention for more than 520 days. An indictment has not yet been filed.

Scam trick since 2015

The scam of the alleged fraudsters has existed since 2015. On trading platforms, supposed stock market experts would have tempted private investors to invest up to six-figure sums. They would have pretended to trade complex financial products such as binary options or cryptocurrencies and achieve handsome returns.

Read more here: Fraudsters filled their pockets

However, the stock market profits were invented. If investors asked for their money back, it had already disappeared.



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