Jubilee Ace/ Jenco/ GTR / 3Key – Lyra Newsletter No. 227

Dear Clients,

One of the questions we are frequently asked is why, in online investment fraud investigations, it is important for the competent authorities to collect information from a large number of victims, even when their individual experiences appear to be different.

In practice, each victim usually possesses only a portion of the overall information. One person may have communicated with a particular broker, another may have different email addresses or telephone numbers, while someone else may have records of bank accounts used for payments or communications that other victims do not have.

Viewed individually, this information may not provide a complete picture. However, when information obtained from multiple victims is examined collectively, connections that were not previously apparent may begin to emerge. For example, the same individuals may have used different names, identical contact details may appear in multiple cases, or similar communication patterns may be identified across a larger number of victims.

For this reason, the competent authorities often analyze information collected from many victims rather than focusing solely on the circumstances of each individual case. By combining information from multiple sources, it may become possible to develop a more comprehensive understanding of how a particular platform operated and how different individuals or entities may have been connected.

Accordingly, victims may wish to preserve and provide all documentation relating to their case, even if certain records appear insignificant at first glance. Information that seems unimportant on its own may become valuable when considered together with evidence obtained from other victims.

We will continue to monitor developments and keep you informed of any significant updates.

Kind regards,

Attorney Zoran Miljaković