The pretend investment company Coin Europe Invest poses as a credible platform for participation in crypto mining. However, there is ample evidence that everything is by no means running on straight lines at Coin Europe Invest. More and more traders are coming forward talking about telephone terror, rip-offs and investment fraud at Coin Europe Invest. All of them have lost their capital invested with Coin Europe Invest. Serious doubts are announced. Meanwhile, many investors of Coin Europe Invest are afraid that it is an investment fraud. The website of Coin Europe Invest can still be accessed. All investors of Coin Europe Invest are wondering if they have become victims of investment scammers? And what can Coin Europe Invest traders do if the suspicion of investment fraud is substantiated? Will the traders of Coin Europe Invest get their money back? Does it make sense to file a criminal complaint against Coin Europe Invest with the police? What help is available in case of investment fraud?
Coin Europe Invest: Doubtful affirmations on www.coineurope-invest.com!
What must the perplexed traders on coineurope-invest.com receive? "To enter and participate in the rapidly growing cryptocurrency market, you don't need any expertise in cryptocurrencies, you just need your personal mining partner, who calculates all cryptocurrency transactions made worldwide around the clock. By networking the miner hardware worldwide with all profitable digital currency pools, we guarantee you high profit margins from the first month with monthly payouts! We then transfer your generated entries to your personal customer wallet on a regular basis. You can either sell your digitally mined coins on the open market or permanently deposit them on your wallet. We will support you to the best of our ability!" That's just a small sample of the questionable claims that curious people can find on Coin Europe Invest's website. Not a single one of these given assurances by Coin Europe Invest has been kept. Unfortunately, the questionable business practices tend to make for unhappy investors and miserable experiences!
Coin Europe Invest: Hide-and-seek game with the domain entry!
Remarkable for the business practices of the Coin Europe Invest makers is that the website has only a very poor imprint. Necessary information such as the managing director or even the registration number is missing. If one looks at the corresponding domain data of the website www.coineurope-invest.com, one finds no reference to the operators there and notes that the website was only registered on 25.08.2020 via Cronon AG.
Coin Europe Invest: Who is behind it?
Answering this question will be rather difficult for many investors, as the Coin Europe Invest makers do everything they can to conceal the true circumstances. However, this is not unusual, as the perpetrators often operate various 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 in order to deceive the financial supervisory and law enforcement authorities. Identical websites can also be found under the top-level domains .eu and .de. And who is the operator? On the website www.coin-europe-invest.com there is only scanty information about it. In the imprint there is only an alleged business address in Barcelona. In the Spanish trade register one comes across a Coin Europe Invest SL, however this has its seat in Santa Pola and the official business purpose of this enterprise is the sales of motor vehicles. So it is rather unlikely that this is the same company that offers crypto trading on www.coineurope-invest.com.
Coin Europe Invest: The customer acquisition of the investment scammers.
The same approach can be found here again and again: In order to acquire new customers, the offers of Coin Europe Invest are promoted in all conceivable media and channels. For example, advertisements are placed in social media, such as Facebook. Often enough, these are incorrect claims. To reinforce the deception, they upload promotional videos on YouTube or Vimeo, in which interested traders are convinced with fictitious 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". With the same intention, an affiliate program is often started to spur others to intensively promote Coin Europe Invest.
Coin Europe Invest: 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 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?
Coin Europe Invest: Repayment of the money is linked to conditions
However, an exit is then usually no longer possible, rather a repayment of the money is linked 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" also wants a small fee - up front!
Coin Europe Invest: scheme of investment fraud?
There is no authorization of the trading platform Coin Europe Invest. Coin Europe Invest lacks legitimacy from a recognized European supervisory authority, such as the English Financial Conduct Authority (FCA) or the Cyprus Securities and Exchange Commission (CySec), which is frequently 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 easy to see that Coin Europe Invest is a scheme of capital investment fraud. All victims of Coin Europe Invest are advised to consult an investment fraud lawyer immediately.
Coin Europe Invest: where do the investment fraudsters actively operate?
Undoubtedly, Coin Europe Invest traders are dealing with investment fraud in Germany, Switzerland and Austria. Going through the list of regulators is advisable before any financial engagement to reduce the risk of becoming a victim of investment fraud.
Coin Europe Invest: Claims for damages against banks
Anyone wishing to provide financial services and investment transactions in Germany requires a permit from the German Federal Financial Supervisory Authority (BaFin). It is prohibited to conduct, support or facilitate such business, even across borders into Germany. Companies and persons who nevertheless participate in such transactions are obliged to pay damages to the victims. Such investment fraud cases would certainly not have been conceivable without such banks.
Coin Europe Invest: Investors want their money back!
The constellation is by far more promising than it seems. The aggrieved investors can defend themselves and demand their invested money back. At the moment it is not to be expected that the investment fraudsters of Coin Europe Invest will be seized soon, nevertheless there is reason to hope. Especially because the transactions of the funds were made through accounts that were actually provided by reputable financial institutions. They demonstrably failed to check the traders' deposits, some of which were large and therefore subject to controls, and their forwarding for legality. Such failures made the investment fraud possible in the first place.
Coin Europe Invest: They want their money back! How does it work?
Equipped with this knowledge, no one would have gotten involved in investing with Coin Europe Invest. Now the only option left for the defrauded is to seek recovery of the misappropriated 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. Essential points should be clarified in advance. To which destination were the funds moved by Coin Europe Invest? Are there realistic prospects that the victims of the investment fraud will get back the money they invested with Coin Europe Invest? What precautions should be taken next? A lawyer specializing in investment fraud will be happy to answer such questions thoroughly.
Coin Europe Invest: Who can help?
What to do in case of investment fraud? What help in the case of investment fraud can victims of Coin Europe Invest hope for? Victims of Coin Europe Invest will ideally find the help they need from an experienced investment fraud lawyer. He is able to take care of your case with Coin Europe Invest 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 is also a possibility, because he is also familiar with the methods of fraudulent brokers, such as Coin Europe Invest.
Coin Europe Invest: Follow the money trail!
Such abuses on the grey capital market have been pursued by the investor protection law firm Resch Rechtsanwälte for over 30 years. In this respect, the approach of Coin Europe Invest is nothing really new. Over the decades, Resch Rechtsanwälte has developed sustainably strong tools for tracking down defrauded investments and tracing the flow of funds. In times of the Internet, it has become almost impossible to make funds really disappear. The sooner investors track the money, the greater the chances of getting back the capital they invested. It is now important that investors who have been harmed by Coin Europe Invest take immediate action.
RESCH Attorneys at Law - Experience in investor protection since 1986
If you have become a victim of Coin Europe Invest 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.