[TacoSteemers]

Insurance is always up to a certain amount. In the Netherlands the government-provided insurance insures up to €100k per account holder.

People would have a problem if they already have €120k tied up in a contract, such as a house purchase.

It would be a big problem if the lost money was intended for their pension.

[jonasdegendt]

I understand that, except the reported insured amount matches the reported amount of money lost in the scam, so as much as it adds up, it doesn't square with the rest of the article.