BTC News Trader - Experiences: Investment scammers do not pay out

28.07.2022
BTC News Trader implies that investors are offered excellent opportunities to reap money in online trading as quickly as safely. At BTC News Trader, everything is investment fraud. Everything the investor sees on his screen is fake. The money has landed right in the pockets of the investment scammers. Not a dime has been invested. Nothing is traded at BTC News Trader. Have you had similar experiences? How does the investor get his money back from dubious providers? What help is available in case of investment fraud? What can investors who have been scammed by BTC News Trader?
 

 

BTC News Trader: Promises are unbelievable and dubious
What do perplexed visitors read on btc-newstrader.com? "You don't have to spend hours on market analysis to trade with Bitcoin News Trader, which means you have more time to learn more about Bitcoin on a practical level than just knowing the theory of trading. Signing up with Bitcoin News Trader is quick and straightforward. All we need from you is your phone number and email address. Once you verify this information, you can start trading right away. However, we may be getting a little ahead of ourselves. You should have a basic understanding of what Bitcoin is before you start your trading journey. We try to give you that understanding without filling your head with complicated jargon that will just look like gibberish." This is just a small sample of the untrustworthy promises that interested parties can find on BTC News Trader's website. Not a single one of these lofty promises made by BTC News Trader has been delivered. Disappointingly, the shady business behavior rather ensures disappointed investors and bad experiences!

 

BTC News Trader: Who is behind it?
Answering this question will certainly be a hassle for most investors, as the BTC News Trader makers do everything they can to disguise the true circumstances. This is practically not uncommon, as the scammers often operate several of these websites with the same fraudulent business model. Such are mass-produced, quickly put online, and just as swiftly taken offline, moreover, the top-level domain is often changed to confuse financial regulators and law enforcement agencies. But who operates BTC News Trader? There is no actionable information about this on BTC News Trader's website. Neither is there a support email address, nor a phone number.

 

BTC News Trader: Scheme of the investment fraud
Investment fraud regularly follows the same pattern: investors initially put in a small sum - usually 250 euros - are impressed by how quickly this amount multiplies, and are therefore willing to "invest" higher and higher sums. The Scherereien take their course, immediately if an investor would like to have its money paid out, because then allegedly first taxes, commissions, fees, or otherwise must be paid. Many investors are far too slow to realize that they have fallen for an investment scam and that there was never any intention to pay out the money again.
 

 

BTC News Trader: What help is there for investment fraud?
Many angry investors wonder how to proceed in case of investment fraud because criminal charges hardly make sense since criminal charges are primarily for prosecution and not for recovering the money. What help is available in investment fraud cases and how do affect investors get their money back? The lawyer specializing in investment fraud knows how to follow the money trails, because as they used to say, money is not gone, but unfortunately somewhere else. Now you can add to that: It is challenging, but with the proper tools it is possible to systematically trace 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 BTC News Trader 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.