Binary Option - Investment scammers abuse online trading

Binary Option pretends that investors are granted excellent opportunities to make money trading contracts for difference (CFD) as quickly as safely. Everything at Binary Option is investment fraud. The money has landed right in the pockets of investment scammers. Not a penny has been invested. Everything that the investor sees on his screen is fake. Nothing is traded in Binary Option. Have you had similar experiences? How does the investor get his money back from dubious providers? What can investors who have been scammed by Binary Option? What help is available in case of investment fraud?


Binary Option: Dubious affirmations on!
What are the perplexed investors on being led to believe? "Integrity is the foundation of any successful business. At Binary Option, we fully recognize and appreciate this fact. We treat our clients with fairness, honor, and honesty." This is just one example of the questionable assurances investors can find on Binary Option's website. None of the full-bodied promises have been kept by Binary Option. Unfortunately, dubious business practices make for unhappy investors and bad experiences!


Binary Option: Who is behind it?
Since the Binary Option makers do everything they can to conceal the true circumstances, investors might find it rather difficult to answer this question. However, this is nothing out of the ordinary because the scammers mostly run several of these websites with the same fraudulent business model. Such are produced in series, uploaded one after another on the Internet, and shut down just as quickly, moreover, the top-level domain is changed again and again to confuse financial regulators and law enforcement agencies.


Binary Option: Who is the operator?
There is hardly anything usable on Binary Option's website in this regard. It is implied about the alleged CySec regulation with license number 357/18, the operator is Skilling Ltd with the address 62 Athalassas Avenue, Strovolos, CY-2012 Nicosia, Cyprus, however, this has been operating only the platform for a few years. The domain of Binary Option was registered only on 07-30-2022 with NameCheap, Inc. On there is neither an email address nor a phone number.


Binary Option: Scheme of the investment fraud
The investment scam follows the scheme over and over again: investors initially put in a small amount of money - usually 250 euros - are impressed by how quickly this amount increases and are therefore willing to "invest" higher and higher sums. The worries start as soon as investors want to have their money paid out, because now, ostensibly, taxes, commissions, fees, or anything else have to be paid first. Unfortunately, most investors are far too slow to realize that they have fallen for investment scams that never intended to pay out any money.


Binary Option: What help is there for investment scams?
Many investors wonder what to do in case of investment fraud because criminal charges make little sense since criminal charges are mainly for prosecution and not for recovering money. What kind of help can one hope for in investment fraud cases and how do aggrieved investors get their money back? A lawyer specializing in investment fraud knows how to follow the money trail because as it used to be said, money is not gone, it's just somewhere else. Today, one can add: It is challenging, but with the right tools it is possible to systematically track money digitally - even if it was transferred with Bitcoin via a Crypto Exchanger.


RESCH Attorneys at Law -Experience in investor protection since 1986
If you have been a victim of Binary Option 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.