Bti-Ic Review – Warning from FCA and FINMA
Bawerk Trading & Investment (BTI) creates the impression that investors are offered perfect opportunities to make fast and secure money through online trading. Everything at Bawerk Trading & Investment is investment fraud. Everything the investor sees on their screen is intended to deceive them. Not a single cent has been invested. The money has ended up in the pockets of the investment scammers. Nothing is being traded on bti-ic.com. Have you had similar experiences? How can investors get their money back from unscrupulous providers? What can investors do if they have been deceived by Bawerk Trading & Investment? What help is available for investment fraud?
Bawerk Trading & Investment: Who is behind it?
Answering this question will generally be difficult for investors because the Bawerk Trading & Investment creators do everything to conceal the true circumstances. This is not unusual because scammers often operate multiple websites with the same fraudulent business model. They are produced in series, constantly uploaded on the internet, and quickly shut down. Additionally, the top-level domain is often changed to deceive financial authorities and law enforcement agencies.
But who operates Bawerk Trading & Investment?
There is hardly any useful information available on bti-ic.com. At least, the operator Bawerk Trading & Investment (Switzerland) AG is mentioned with the business addresses Baslerstrasse 60, 8048 Zurich, and Beethovenstrasse 21, 8002 Zurich. However, the creators of Bawerk Trading & Investment are certainly not to be found there, as these are dummy addresses. Additionally, there is the email address firstname.lastname@example.org and the phone numbers +44 7488844016 (UK) and +41 225087384. The domain bti-ic.com was registered on January 31, 2023, with NameCheap, Inc.
Bawerk Trading & Investment: Warnings from regulatory authorities
On April 14, 2023, the UK's Financial Conduct Authority (FCA) issued a warning about Bawerk Trading & Investment, bti-ic.com, and their predecessor bti-ic.info. A few days later, on April 21, 2023, the Swiss Financial Market Supervisory Authority (FINMA) published a warning about Bawerk Trading & Investment.
Bawerk Trading & Investment: Investment fraud scheme
Investment fraud usually follows the notorious scheme: Initially, investors deposit a small amount, usually 250 euros, and quickly see that amount multiply, making them willing to invest higher sums. The trouble arises when investors want to withdraw their money because then they are asked to pay taxes, commissions, fees, or whatever reasons are given. Most investors realize too late that they have fallen victim to investment fraud, and the intention was never to pay back the money.
Bawerk Trading & Investment: What help is available for investment fraud?
Many defrauded investors wonder how to proceed with investment fraud because filing a criminal complaint hardly makes sense, as criminal complaints primarily serve law enforcement purposes and not the recovery of money. What help is available in cases of investment fraud, and how can affected investors get their money back? An attorney specialized in investment fraud knows how to trace the money because, as the saying goes, money is never gone, it's just somewhere else. In the present, it can be added that it is challenging but possible to regularly track money digitally, even if it has been transferred using Bitcoin through a crypto exchanger.
RESCH Rechtsanwälte – Experience in investor protection since 1986
If you have become a victim of Bawerk Trading & Investment and want to know if and how you can recover your money, call +49 30 885 9770 or fill out the questionnaire. You will receive a free assessment of your case.
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