AGA Trading - Placed on CONSOB warning list

The alleged online broker AGA Trading sells itself as a credible platform for online trading. However, there is increasing information that AGA Trading is not doing things by the book. More and more investors are reporting telephone terror, rip-offs, and investment fraud in connection with AGA Trading. All lost their money invested with AGA Trading. Serious doubts make themselves broad. Meanwhile, many investors of the AGA Trading have concern that it concerns an investment fraud.  All investors of AGA Trading ask themselves whether they became victims of investment cheats? And what can the investors of AGA Trading do if the suspicion of investment fraud is confirmed? Will the investors of AGA Trading get their money back? Does it make sense to file a criminal complaint against AGA Trading with the police? Where can I get help in case of investment fraud?


AGA Trading: Questionable assurances 
What are the dumbfounded investors on agatrading. the club made to believe? "Thanks to the AGA trading platform, you can profit greatly from the cryptocurrency market with our bot on Binance.... We work hard every day to ensure our arbitrage platform's highest possible security and efficiency." This is just a small excerpt of the questionable claims investors can find on AGA Trading's website. Not a single one of these lofty promises made by AGA Trading has been kept. Unpleasantly, the dubious business practices rather provide for disappointed investors and miserable experiences!


AGA Trading: Hide-and-seek game with the domain entry!
Remarkable for the business practices of the AGA Trading makers is that the web page does not contain an imprint. Thus, the complete information about the legally responsible operators of the website is missing. If one takes a look at the domain data of the web page of AGA Trading, no references to the operators are to be found there. However, one learns that the domain was registered only on 22.01.2021 with NameCheap, Inc. The real domain owners hide behind the Icelandic anonymization service Withheld for Privacy ehf.


AGA Trading: Who is behind it?
Answering this question will be rather difficult for many investors, as the AGA Trading makers do everything to conceal the true circumstances. However, this is nothing unusual. The perpetrators mostly operate several of these websites with the same fraudulent business model. These are created in advance, quickly put online, and just as quickly shut down. The top-level domain is often changed to deceive financial regulators and law enforcement agencies. But who is the operator? On the AGA Trading website, there is only sparse information about this. Only the two companies AGA TRADING PLATFORM LTD. and AGA TRADING ASSET MANAGEMENT LTD. with the business address 27 Old Gloucester Street, London, WC1N 3AX, United Kingdom are given. In addition, there is the obligatory support e-mail address but no telephone number.


AGA Trading: The customer acquisition of the investment fraudsters
Here the same procedure can be found again and again: To attract new customers the offers of AGA Trading are propagated in all only conceivable media and channels. Mostly these recommendations are false promises. In addition, they upload videos on Youtube in which interested investors are convinced with fictitious references. Here, supposed celebrities report about their experiences with online trading and cryptocurrencies, often with the erroneous reference to the TV show "Die Höhle der Löwen". In parallel, an affiliate program is usually started to motivate others to beat the advertising drum for AGA Trading.


AGA Trading: Criminal business practices
As soon as the customer has registered on the trading platform, he receives calls from alleged financial brokers who like to refer to their years of experience and their satisfied customer base. In many cases, however, the makers of this business model are fraudsters, against whom the Federal Criminal Police Office and the Federal Financial Supervisory Authority (BaFin) also warn. Usually, the investors start with a small sum as employment. Beforehand, investors are also often motivated to install remote maintenance software, such as AnyDesk or TeamViewer on their computers, so that assistance can supposedly be provided with the first steps. In many cases, the computer is subsequently manipulated and unwanted transactions are carried out. In the process, the investment fraudsters also frequently gain access to their victims' online banking. What is particularly criminal, however, is when supposed profits are displayed on the trading platform to entice the customer to place further high stakes. In some cases, even small sums are returned to lull investors into a sense of security. Who then does not want to increase the stakes further? But what happens next?


AGA Trading: Repayment of the money is tied to conditions
Once in, an exit is mostly impossible. Rather, the administrators of the investment scammers tie the repayment of the money to further deposits. This is where employees come in, claiming alleged tax debts and commission payments. If these are settled, it would come to the disbursement of the allegedly obtained profits. The perpetrators send the investors self-made tax and commission statements, often decorated with fake coats of arms. These would have to be paid urgently. A clearing with the allegedly obtained profits is never possible. If an investor refuses further deposits, alleged profits are converted by senseless transactions into losses and the customer is maximally damaged. This is not the end of the horror, but investors are permanently confronted with calls from other dubious providers. This indicates that the contact details of the investors are further traded among the investment fraudsters. In the end, a "savior" regularly comes forward, claiming to have uncovered the whole scam. He impresses with his insider knowledge. No wonder, since he is part of the fraud gang. The next rip-off! And of course, the "savior" wants a small fee - in advance!


AGA Trading: Scheme of investment fraud?
There is no authorization of the AGA Trading trading platform. AGA Trading lacks the regulation of a recognized European supervisory authority, such as the English Financial Conduct Authority (FCA) or the Cyprus Securities and Exchange Commission (CySec), which is often used by brokers. Likewise, there is no approval from the Swiss Financial Market Supervisory Authority (finma) or the Financial Market Authority (FMA) of Austria, which is responsible for Switzerland. For this, there is a warning from the Commissione Nazionale per le Società e la Borsa (CONSOB) dated 11.10.2021. This is the Italian supervisory authority for the financial market and financial services. It is not difficult to see that AGA Trading is a scheme of capital investment fraud. All those harmed by AGA Trading are advised to consult an investment fraud lawyer as soon as possible.


AGA Trading: Where do the investment fraudsters operate actively?
The illegal activities of AGA Trading are unfortunately not limited to the English-speaking world.  Since AGA Trading also targets French and Spanish-speaking investors, it is not surprising that defrauded investors from these language groups also come forward. A look at the list of regulators is recommended before any financial commitment to reduce the risk of becoming a victim of investment fraud


AGA Trading: Investors want their money back!
The situation is far more promising than it seems. The aggrieved investors can claim against those involved in the investment fraud and reclaim invested money. At present it is not probable that the investment fraudsters of AGA Trading will be caught soon, nevertheless, there is cause to hope. Hope, therefore, because the funds flowed over accounts, which respectable financial houses made available. The responsible persons neglected to examine the partially high and therefore controlling deposits of the investors and their forwarding for illegality. Such delinquencies made possible the Anlagbetrügern their criminal doing only.


AGA Trading: They want their money back! How does that work?
Equipped with this knowledge, no one would have got involved in business with AGA Trading. Now the only alternative left for the defrauded is to try to get their money back. Many investors cannot even imagine that there is a real chance to ever see their money again. Probably all of them are now asking themselves, can they get their money back? Clearly yes! There are numerous legal bases to fall back on. The generic term is "money laundering." When investment fraudsters collect money, the crime of money laundering is committed. Financial institutions must take action against money laundering. This is where one starts with good chances of success. To do this, essential questions must be answered. Where did the funds move by AGA Trading go? Is there a realistic chance that the aggrieved investors will get back the money they invested with AGA Trading? What steps are required from now on? A lawyer specializing in capital investment fraud can best answer such questions.


AGA Trading: Who can help?
What to do in case of investment fraud? What help in the case of investment fraud can victims of AGA Trading hope for? Victims of AGA Trading will ideally find the help they need from an experienced investment fraud attorney. He or she will be able to take care of your case with AGA Trading both in terms of the criminal aspects of investment fraud, as well as the recovery of funds and possible claims for damages. A lawyer for trading is also a possibility because he is also familiar with the methods of fraudulent brokers, such as AGA Trading.


AGA Trading: Follow the money!
This kind of grievance on the unregulated capital market is pursued by the internationally active investor protection law firm Resch Rechtsanwälte for over three decades. The proceeding of the AGA Trading is from it resulting nothing new. Over time, Resch Rechtsanwälte has developed an effective arsenal of tools for tracking down defrauded investments and tracing the flow of funds. Making funds disappear is becoming increasingly costly in the age of the Internet. The more swiftly investors follow the money trail, the more promising it is that they will recover their invested capital. It is important now that those damaged by AGA Trading react immediately.


RESCH Rechtsanwälte - Experience in investor protection since 1986
If you have become a victim of AGA Trading and want to know if and how you can get your money back, call +49 30 885 9770 or fill out the questionnaire. You will receive a free assessment of your case.