On behalf of Financial Fraud Victims International on measures to combat online investment fraud 

Petition addressed to: Petitionsausschuss des Europäischen Parlaments

The petitioner highlights the growing number of victims of online investment fraud and the lack of an adequate law enforcement response to this serious wave of cybercrime. The petitioner suggests a number of measures aimed to protect citizens and prosecute criminals, such as: a growing accountability of banks, stricter protocols for the opening of new accounts, firmer rules for the verification of domain providers, increased competences of the police in fraud matters and enhanced cooperation between law enforcement agencies. The petitioner also suggests introducing stricter international legal agreements in order to ease pursuit of cyber-based fraudsters beyond national borders, and to enforce relevant judgements..