Focus on Investment Fraud via Social Media

The online seminar “Focus on Investment Fraud via Social Media” by TURN Advisory on 3 December 2026 provides a practical overview of current investment fraud schemes involving social media and messaging platforms. The seminar focuses on common fraud typologies, relevant red flags and concrete countermeasures that financial institutions can use to protect customers and their own organisations.

Investment fraud via social media has developed into a highly dynamic threat for financial institutions and their customers. Fraudsters increasingly use social media platforms, messaging apps, fake profiles and investment groups to draw victims into fraudulent trading and payment processes. The seminar explains how these schemes operate, how warning signs can be identified at an early stage and how effective prevention and response measures can be embedded across IT Security, Compliance and the Front Office.

We are pleased to announce the online seminar taking place on Thursday, 3 December 2026, from 10:00 a.m. to 4:00 p.m. The programme begins with an overview of the current cybercrime situation in the financial sector, including current warnings from BaFin, State Criminal Police Offices and the press. It also addresses the significant economic losses associated with cybercrime and the strong international dimension of many fraud schemes, including so-called “boiler rooms”.

A particular focus lies on common investment fraud typologies. Participants will examine how perpetrators approach victims through social media and messaging apps, make use of fake profiles and promote schemes such as “pump and dump” and alleged “block/high-frequency trading at preferential prices”. Typical red flags associated with social media investment groups will be analysed from both a practical and victim perspective.

The seminar also presents concrete countermeasures and highlights the importance of cooperation between IT Security, Compliance and Front Office teams. Further topics include Threat Intelligence, OSINT and takedown processes against fraudulent apps and domains. Participants will also gain insights into Meta’s role, investigative measures, account and website removals, recent law enforcement successes and cross-border cooperation.

The speakers are Matthias Schmidt, Divisional Board Member of the flatexDEGIRO Group, and Naidira Alemova, Managing Partner at TURN Advisory. Matthias Schmidt brings expertise in Compliance, AML and Fraud Prevention and is a Certified Risk Manager (DVFA) and Compliance Officer (univ.). Naidira Alemova specialises in Regulatory Transformation, Compliance, AML and Sanctions and previously held senior positions at Deloitte, EY and FTI Consulting.

The seminar is aimed at professionals working in Compliance, AFC and Fraud Management, IT Security, Threat Intelligence and SOC, Market Surveillance and Trading, Customer Service and Front Office, as well as Risk and Governance functions in the trading and payments sectors. Participants will receive a certificate of completion detailing the seminar content and serving as proof of participation in the qualification and training programme.

Take the opportunity to deepen your understanding of current social-media-driven investment fraud, identify relevant warning signs and gain practical approaches for prevention, detection and response within your organisation. The participation fee is EUR 795 plus 19% VAT and includes a training certificate.