Brave Climbing pretends that the investor is granted the very best opportunities to make money by trading as fast as it is safe. Everything in Brave Climbing is investment fraud. Everything the investor sees on his screen is fake. Not a dime has been invested. The money has landed right in the pockets of the investment scammers. Nothing is traded at Brave Climbing. What can investors do who have been scammed by Brave Climbing? How can investors get their money back? What help is available for investment fraud?
Brave Climbing: Doubtful promises on braveclimbingfx.com!
What are the perplexed investors on www.braveclimbingfx.com led to believe? "Brave was founded in 2016 and has provided hundreds of currency pairs, precious metals, European and American indices, international stocks, commodity futures, and other trading products to global investors. Our service principle is: that professionalism makes trading easier. Most of our team members have accumulated many years of experience in the Forex and CFD industry and can meet the unique trading needs of professional traders or institutional clients. Through bold clipping trading, you can benefit from our world-class circulation resources and professional trading solutions, and provide professional knowledge and support to meet your trading needs." This is just one small example of the questionable assurances investors will find on Brave Climbing's website. Not a single one of these full-bodied promises made by Brave Climbing has been kept. Unfortunately, if anything, the dubious business practices make for unhappy investors and bad experiences!
Brave Climbing: Hide-and-seek game with the domain entry!
Remarkable for the business practices of the Brave Climbing 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 Brave Climbing, there are no references to the operators to be found. However, one learns that the domain was registered with GoDaddy.com, LLC only on 12/30/2021.
Brave Climbing: Who is behind it?
Answering this question will be rather difficult for many investors, as the Brave Climbing makers do everything they can 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 Brave Climbing website. Although the company Brave Climbing Global Capital Co., Ltd with the business address Chase Business Centre, 39-41 Chase Side, London, United Kingdom N14 5BP is given, the makers of Brave Climbing cannot be found under this address. A worldwide search for Brave Climbing in the relevant registers leads to no result. This makes it clear that the product in question is pure fantasy.
Brave Climbing: The customer acquisition of the investment fraudsters
Here again and again the same proceeding is found: To attract new investors, the offers of Brave Climbing are advertised in all possible media and channels. Again and again, the offers are false information. Furthermore, they upload advertising films on Youtube or Vimeo, in which interested parties are convinced with false references. Here, supposed celebrities report on their experiences with online trading and cryptocurrencies, often with a misleading reference to the TV show "Die Höhle der Löwen". At the same time, an affiliate program is often launched to give others incentive to intensively promote Brave Climbing.
Brave Climbing: 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?
Brave Climbing: Repayment of the money is linked to conditions
Once in, getting out is usually impossible. Rather, the administrators of the investment scammers tie the repayment of the money to further deposits. This is where employees come in, claiming supposed 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 "rescuer" also wants a small fee - in advance!
Brave Climbing: Scheme of investment fraud?
There is no regulation of the online broker Brave Climbing. Brave Climbing lacks the legitimacy 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 authorization from the Swiss Financial Market Supervisory Authority (finma) or the Financial Market Authority (FMA) of Austria, which is responsible for Switzerland. It is easy to see that Brave Climbing is a scheme of capital investment fraud. All investors harmed by Brave Climbing are advised to contact an investment fraud attorney as soon as possible.
Brave Climbing: Where are the investment fraudsters active?
Unfortunately, the illegal activities of Capital Swiss were not limited to the English-speaking world. Because Brave Climbing also targets Chinese-speaking investors, it is only a matter of time before those defrauded by this group of speakers come forward. A look at the list of regulators is advisable before making any financial commitment to reduce the risk of becoming a victim of investment fraud.
Brave Climbing: Investors want their money back!
The mixed situation is far better than it seems. Injured investors can file a lawsuit against those involved in the investment fraud and reclaim their invested capital. As of now, it is not likely that the Brave Climbing investment fraudsters will be caught promptly, but there is a reason for hope. Especially because the transactions of the funds were made through accounts that were provided by reputable banks. Unfortunately, these failed to check the investors' deposits, some of which were large and therefore subject to controls, and their forwarding for legality. Delinquencies of this kind made investment fraud possible in the first place.
Brave Climbing: They want their money back! How does it work?
Equipped with this knowledge, the interested parties would not have entered into a business relationship with Brave Climbing. Now the only way left for the defrauded is to seek redress for the loss. Many investors cannot even imagine that there is any real chance of ever seeing their money again. Probably all of them are now asking themselves whether they can 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, relevant points must be clarified. To what destination did the funds embezzled by Brave Climbing disappear? Is there a chance that the defrauded investors will get back their money invested with Brave Climbing? What actions are due next? Such questions are best answered by an attorney specializing in investment fraud.
Brave Climbing: Who can help?
What to do about investment fraud? What kind of investment fraud help can Brave Climbing victims hope for? Brave Climbing victims can ideally find the help they need from an experienced investment fraud attorney. He or she will be able to take care of your Brave Climbing case both in terms of the criminal aspects of investment fraud, as well as the recovery of funds and possible claims for damages. A trading attorney may also be considered because they are familiar with the methods used by fraudulent brokers such as Brave Climbing.
Brave Climbing: Follow the money!
Such abuses on the not regulated capital market pursue the internationally active Anlegerschutzkanzlei Resch attorneys for over three decades. The procedure of Brave Climbing is accordingly nothing new. Over the years, Resch Rechtsanwälte has developed an effective arsenal of tools for tracking down misappropriated money and tracing the flow of funds. In the age of the Internet, it is becoming increasingly difficult to make funds disappear. The sooner investors follow the money trail, the more promising it is that they will get back their invested capital. Above all, those who have been harmed by Brave Climbing must react promptly.
RESCH Attorneys at Law - Experience in Investor Protection since 1986
If you have become a victim of Brave Climbing 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.
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+ 49 30 / 88 59 77 0