Gangsters have stolen millions and are now flaunting their ill-gotten wealth on social networking platforms.
Why You Need to Stay Aware: Stephan Schäfer and Jonas Köller, once notorious for one of Germany's largest investor scams, are back in the limelight. Their company, S&K, might sound familiar, but don't be fooled by their shiny newsocial media presence and lavish lifestyles promised on these platforms.
- In 2017, a Frankfurt court sentenced Schäfer and Köller to a combined prison term of eight and a half years for swindling around 240 million euros from approximately 11,000 investors.
- These dukes of deception built a shady network of companies to conceal their misappropriation of investor funds. Instead of investing in properties like they claimed, a significant portion allegedly flowed into their own extravagant lifestyle- flashy cars, mansions, and wads of cash.
- The investigations began in 2013, prompting over 1,200 investigators to raid more than 100 locations, including their Frankfurt office.
- After four years in pre-trial detention, Schäfer and Köller were sentenced to serve their time in prison. They were released on parole halfway through their sentences.
Back in the Game: The old foxes are now resurfacing, leveraging platforms like YouTube, Instagram, and TikTok under the brand "S&K Universe."
- Their videos dish out advice on business, money, and their grand comeback. Köller casually says in one YouTube clip, "How to become rich – and stay rich forever."
- Their digital resurrection has already gathered thousands of followers, a mix of curious fans, excited supporters, and skeptical naysayers. Köller welcomes the haters, saying, "We are particularly looking forward to the hate comments."
Be Wise, Not Rich: While stocks, real estate, and investments carry inherent risks, never forget the past transgressions of these self-proclaimed financial gurus. Always remember that their earlier actions could lead to a total loss of your hard-earned money. So, don't blindly follow their financial advice- seek professional guidance instead.
- What's alarming is that despite their past conviction for a significant investment scam, Stephan Schäfer and Jonas Köller are once again using social-media platforms like YouTube, Instagram, and TikTok to promote their brand, "S&K Universe," and dispense financial advice.
- Consider the urgency to stay informed about general-news and crime-and-justice, as their return to social media comes amidst a trail of entertainment-focused content, hiding potential risks and questionable practices that their followers should be wary of.
