The alleged online broker Ciizurn Global Limited claims to be a trustworthy platform for online trading. However, there are increasing indications that unacceptable conditions prevail at Ciizurn Global Limited. Reports from traders about Ciizurn Global Limited are piling up, talking about telephone terror, rip-offs and investment fraud. All have lost their capital invested with Ciizurn Global Limited. More and more doubts are spreading. Meanwhile, many investors of Ciizurn Global Limited feel that it is an investment scam. The website of Ciizurn Global Limited can still be accessed. All Ciizurn Global Limited traders are wondering if they have been victims of investment scams? And what can the investors of Ciizurn Global Limited do if the suspicion of investment fraud is substantiated? Will the investors of Ciizurn Global Limited get their money back? Does it make sense to file a criminal complaint against Ciizurn Global Limited with the police? What help is available for investment fraud?
Ciizurn Global Limited: Doubtful promises
What do surprised visitors read on fxcii.com? "Ciizurn Limited is an award-winning Canadian forex CFD broker with a variety of trading assets. Global clients can trade forex, indices and various commodities with high quality trading conditions. Ciizurn Group is fully regulated by the world's most trusted and reputable financial institutions and is subject to the Canadian Financial Transaction and Reporting Analysis Board (FINTRAC), the US FinCEN Money Service Bureau (MSB) and Saint Vincent and the Grenadines Financial Authorization and Supervision of Services. Ciizurn Limited is committed to building long-term cooperative relationships with clients. We emphasize credibility, transparency and provide quality merchant support services as an operating plan. These concepts and standards make us a preferred and trusted partner of dealers around the world the world." This is just a small example of the suspect claims that interested parties can find on Ciizurn Global Limited's website. Not a single one of these given assurances by Ciizurn Global Limited has been kept. Disappointingly, the questionable business conduct rather makes for disappointed traders and bad experiences!
Ciizurn Global Limited: Hide-and-seek game with the domain entry!
Remarkable for the business practices of the Ciizunr Global Limited makers is that the website does not contain any imprint with complete information about the legally responsible operators of the website. If one looks at the appropriate Domain data of the Website www.fxcii.com, one finds there no reference to the operators and states that the Website, from the Chinese Sichuan, was registered and anonymized only on 05.04.2021 with GoDaddy.com, LLC.
Ciizurn Global Limited: who is behind it?
Answering this question will be rather difficult for many investors, as the Ciizurn Global Limited makers do everything they can to conceal the true circumstances. However, this is not uncommon, as the perpetrators often operate several of these websites with the supposedly same business model and quickly put them online, but also shut them down again just as quickly. In many cases, the top-level domain is also frequently changed, possibly also in order to deceive the financial supervisory and law enforcement authorities. And who is the operator? On the website www.fxcii.com there are contradictory statements about this. On the one hand, one can read the following statement at the bottom of the page: "This website is operated by MagKing Ciizurn Limited and the registered address is Room 83, 3rd Floor, Yuli Center, 45 Hoi Yuen Road, Kwun Tong, Kowloon, Hong Kong." Surprisingly, the term "MagKing" only appears in the German version of the page. If you change the language selection for the page www.fxcii.com, MagKing disappears. MagKing is another dubious provider, which operates a variety of fraud platforms and against which several financial regulators have already warned. MagKing also has its alleged headquarters at the exact same address. The privacy statement then suddenly mentions an XM Global Limited. However, this reference disappears as soon as the language selection is changed. It seems as if the German version has not exactly made an effort to keep the information consistent. However, there are also inconsistencies in the English version of the page. Here, you also have access to the legal documents such as the terms and conditions and the guide for financial services. These, in turn, refer to a completely different company. The deposited documents all originate from Union Standard International Group Ltd. As a result, it can be stated that the actual operator cannot be determined. One can probably assume that Ciizurn Global Limited is a pure fantasy product.
Ciizurn Global Limited: The customer acquisition of the investment fraudsters
Here the same procedure can be found again and again: In order to acquire new customers, the recommendations of Ciizurn Global Limited are presented in all available media and channels. For example, advertisements are placed in the social media, such as Facebook. Often, these recommendations are incorrect claims. In addition, they upload movies on Youtube or Vimeo, in which prospective customers are convinced with false 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". At the same time, an affiliate program is often started to motivate others to beat the advertising drum for Ciizurn Global Limited.
Ciizurn 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?
Ciizurn Global Limited: Repayment of the money is linked to conditions
An exit is then however usually no longer possible, rather a repayment of the money is attached to further deposits. This is where the employees come in, claiming alleged tax debts and commission payments. These would have to be settled first, then it would come to the disbursement of the allegedly obtained profits. For this purpose, tax and commission invoices are sent to the investors, which are often decorated with fake coats of arms and, of course, have to be paid urgently. However, it is never possible to offset these payments against the supposedly achieved profits. If one refuses to make these further payments, the supposed profits are often turned into losses and the customer is harmed to the maximum. However, this is usually not the end of the horror, but the investors are often permanently confronted with calls from other dubious providers, which indicates that the contact details of the investors are further traded among the investment scammers. In the end, the "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" wants a small fee - in advance!
Ciizurn Global Limited: Scheme of investment fraud?
There is no authorization of the online broker Ciizurn Global Limited. Ciizurn Global Limited lacks regulation by 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 approval from the Swiss Financial Market Supervisory Authority (finma) or the Financial Market Authority (FMA) of Austria, which is responsible for Switzerland. It is not difficult to overlook the fact that Ciizurn Global Limited is a scheme of capital investment fraud. All traders harmed by Ciizurn Global Limited are advised to immediately contact an investment fraud lawyer.
Ciizurn Global Limited: Where are the fraudsters active?
There is no doubt that Ciizurn Global Limited traders are dealing with investment fraud in Germany, Switzerland and Austria. Unfortunately, the activities of Ciizurn Global Limited were not limited to the DACH region. Because Ciizurn Global Limited also addresses traders in France, it is only a matter of time until the defrauded also contact us from there. A look at the list of regulators is recommended before any financial commitment to reduce the risk of becoming a victim of investment fraud.
Ciizurn Global Limited: Claims for damages against banks involved
For financial services and investment transactions in Germany, a permit from the German Federal Financial Supervisory Authority (BaFin) is a mandatory requirement. It is prohibited to conduct, support or facilitate such business, even across borders into Germany. Persons who participate nevertheless in it are obligated to the victims to payment of damages. Such investment fraud cases would certainly not have been conceivable without such banks.
Ciizurn Global Limited: Investors want their money back!
The situation is by far not as hopeless as it seems. The victims can defend themselves and reclaim their invested money. At the moment it is not to be expected that the investment fraudsters of Ciizurn Global Limited will be seized promptly, nevertheless there is reason for hope. The reason for this is the fact that the money transactions were carried out through accounts provided by banks with a good reputation. Their managers demonstrably failed to check the traders' deposits, some of which were large and therefore subject to controls, and their forwarding for illegality. Such negligence enabled the investment fraudsters to carry out their criminal activities in the first place.
Ciizurn Global Limited: They want their money back! How does it work?
Knowing this, the traders would never have entered into a business relationship with Ciizurn Global Limited. Now the only alternative left for the defrauded is to try to recover the invested capital. 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 are obliged to take action against money laundering. This is where we come in if there is a good chance of success. Relevant points should be clarified in advance. Where did the funds moved by Ciizurn Global Limited end up? Is there any chance that the defrauded investors will get back their money invested with Ciizurn Global Limited? What actions are necessary next? A lawyer specializing in investment fraud will be happy to answer such questions thoroughly.
Ciizurn Global Limited: Who can help?
What to do in case of investment fraud? What kind of help in case of investment fraud can the victims of Ciizurn Global Limited hope for? Ciizurn Global Limited victims can ideally find the help they need from an experienced investment fraud attorney. He will be able to take care of your case with Ciizurn Global Limited both in terms of the criminal aspects of the investment fraud, as well as the recovery of funds and possible claims for damages. A lawyer for trading can also be considered, because he is also familiar with the methods of fraudulent brokers, such as Ciizurn Global Limited.
Ciizurn Global Limited: Follow the money trail!
Abuses of such kind on the grey capital market pursue the Anlegerschutzkanzlei Resch attorneys for over 30 years. The methods of Ciizurn Global Limited are therefore nothing new. Over the years, Resch Rechtsanwälte has developed an extensive arsenal of instruments for tracking down the withheld funds and tracing the money flows. In the age of the Internet, it is becoming increasingly difficult to actually make funds disappear. The faster investors follow the money trail, the greater the chances of getting back their invested capital. Above all, it is important that investors harmed by Ciizurn Global Limited act without delay.
RESCH Attorneys at Law - Experience in investor protection since 1986
If you have become a victim of Ciizurn 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.