Alpha Global Limited - Malta's financial regulator warns against clone

The alleged online broker Alpha Global Limited sells itself as a credible platform for online trading. However, there is a lot of information that everything is far from straight at Alpha Global Limited. Reports from traders about Alpha Global Limited are accumulating, talking about telephone terror, rip-offs and investment fraud. All investors lost their capital invested with Alpha Global Limited. Serious doubts have been raised. Meanwhile, many investors of Alpha Global Limited are afraid that it is an investment fraud. All investors of Alpha Global Limited are wondering if they are victims of investment fraud? And what can Alpha Global Limited investors do if the suspicion of investment fraud is confirmed? Will Alpha Global Limited investors get their money back? Does it make sense to file a criminal complaint against Alpha Global Limited with the police? Where can I get help with investment fraud?



Alpha Global Limited: Unsubstantiated promises 
What are unsuspecting investors being led to believe at "The Alpha Global Limited trading platform is an award-winning automated forex trader that provides trading services and financial support to both retail and institutional clients...By providing investors with the best trading signals, software and strategies, we offer both professionals and beginners the opportunity to invest and earn." This is just a small sample of the lying claims that interested parties can find on Alpha Global Limited's website. Not a single one of these full-bodied assurances by Alpha Global Limited has been kept. Sadly, the dubious business practices rather provide for disappointed investors and miserable experiences!


Alpha Global Limited: Hide-and-seek game with the domain entry!
Remarkable for the business practices of the Alpha Global Limited makers is that the website 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 website of Alpha Global Limited, there are no references to the operators to be found. However, one learns that the domain was registered with NameCheap, Inc. only on April 29, 2020. The real domain owners hide behind the Icelandic anonymization service Withheld for Privacy ehf.


Alpha Global Limited: Who is behind it?
Answering this question will be rather difficult for many investors, as the Alpha Global Limited 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? There is scant information about this on the Alpha Global Limited website. Although the company Alpha Global Limited with the business address Dragonara Business Centre, 5th Floor, Dragonara Road, St. Julians STJ 3141, Malta is given, the makers of Alpha Global Limited cannot be found under this address. In addition, there is the obligatory support e-mail address but no telephone number. 


Alpha Global Limited: The customer acquisition of the investment fraudsters
The same procedure can be found here again and again: In order to attract new customers, the offers of Alpha Global Limited are advertised in all available media and channels. Again and again, this is false information. In order to increase the effectiveness, they upload image films on Youtube, in which interested investors are convinced with fictitious references. Here, supposed celebrities report on their experiences with online trading and cryptocurrencies, often with the erroneous reference to the TV show "Die Höhle der Löwen". With the same goal, a mostly aggressive affiliate program is launched to give others incentive to intensively promote Alpha Global Limited.


Alpha Global Limited: 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 often also gain access to their victims' online banking. What is particularly criminal, however, is when supposed profits are displayed on the trading platform in order to entice the customer to place further high stakes. In some cases, even small sums are returned in order to lull investors into a sense of security. Who then does not want to further increase the stakes? But what happens next?


Alpha Global Limited: Repayment of money is subject to conditions
Once in, an exit is mostly impossible. Rather, the administrators of the investment scammers tie a 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 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" also wants a small fee - in advance!


Alpha Global Limited: Scheme of investment fraud?
There is no legitimacy of the trading platform Alpha Global Limited. Alpha Global Limited lacks legitimacy from a recognized European financial regulator, 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 authorization 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 Maltese Financial Supervisory Authority (MFSA) dated 27.08.2021. This is the supervisory authority for the financial market and financial services in Malta. It is easy to see that Alpha Global Limited is a scheme of capital investment fraud. All investors harmed by Alpha Global Limited are advised to consult an investment fraud lawyer immediately.


Alpha Global Limited: Where do the fraudsters operate?
There is no doubt that Alpha Global Limited traders are dealing with investment fraud in Germany, Switzerland and Austria. The illegal activities of Alpha Global Limited were by no means limited to the DACH region. Because Alpha Global Limited also addresses English-speaking investors, it is only a matter of time until the defrauded investors of this speaker group also come forward. A look at the list of regulators is advisable before any financial commitment to reduce the risk of becoming a victim of investment fraud.


Alpha Global Limited: Claims for damages against banks involved
It is mandatory for anyone wishing to provide financial services and investment transactions in Germany to first obtain a permit from the German Federal Financial Supervisory Authority (BaFin). Transacting, supporting or facilitating business of this kind, even across borders into Germany, is prohibited. Individuals and companies who nevertheless engage in such activities are liable to pay damages to the victims. The investment fraud cases would have been hardly conceivable without such banks.


Alpha Global Limited: Investors want their money back!
The mixture situation is far more promising, than it seems. Those affected can defend themselves and reclaim their invested capital. At present it is rather unlikely that the investment fraudsters of Alpha Global Limited will be seized soon, nevertheless there is reason to hope. Especially because the transactions of the funds went through accounts that were actually provided by reputable financial institutions. They apparently failed to check the investors' deposits, some of which were large and therefore subject to controls, and their forwarding for legality. Carelessness of this kind enabled the investment fraudsters to carry out their criminal activities in the first place.


Alpha Global Limited: They want their money back! How does it work?
With this knowledge, investors would never have engaged in business with Alpha Global Limited. Now the only alternative left for the victims is to seek compensation for damages. Many investors cannot even imagine that there is any real chance of ever seeing 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 have a duty to take action against money laundering. This is where one starts with good chances of success. First of all, essential questions have to be clarified. What was the destination of the funds moved by Alpha Global Limited? Is there a chance that the bounced investors will get back their money invested with Alpha Global Limited? What action is due next? An attorney specializing in investment fraud will be happy to answer such questions thoroughly.


Alpha Global Limited: Who can help?
What to do in case of investment fraud? What kind of investment fraud help can Alpha Global Limited victims hope for? Alpha Global Limited victims 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 Alpha Global Limited 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 Alpha Global Limited.


Alpha Global Limited: Follow the money trail!
Such abuses on the non-regulated capital market have been pursued by the investor protection law firm Resch Rechtsanwälte for more than 30 years. The way of Alpha Global Limited is in this respect nothing new. Over the years, Resch Rechtsanwälte has developed an effective range of tools for tracking down misappropriated investments and tracing the flow of funds. Making funds disappear is becoming increasingly complex in the age of the Internet. The faster those affected follow the money trail, the greater the likelihood that they will recover the capital they have invested. Now it depends on the fact that the investors damaged by Alpha Global Limited react immediately.


RESCH Attorneys at Law - Experience in investor protection since 1986
If you have been a victim of Alpha Global Limited and want to know if and how you can get your money back, call 030 885 9770 or fill out the questionnaire. You will receive a free assessment of your case.