At the end of October 2024, a joint investigation team investigating a large-scale online investment scam involving players in Germany, Serbia, and Cyprus led to the seizure of computer equipment, hard drives, mobile phones, and digital data as well as the arrest of a suspect in Cyprus through a coordinated action. The perpetrators allegedly ran a fraud scheme using fake investment platforms that promised high returns for low investments. While 120 known victims in Germany have lost around €12 million, investigations suggest that there are victims worldwide, with the total fraud amounting to at least €300 million or even as much as €500 million. Investigations were promoted by a Joint Investigation Team between Germany and Serbia. Eurojust assisted in setting up the Team.