The apparent online broker Delta Trade sells itself as a serious platform for online trading in CFDs, Forex and other asset classes. However, there is a lot of information that things are not above board at Delta Trade. Reports from traders about Delta Trade are accumulating, talking about telephone terror, rip-offs and investment fraud. All investors lost their money invested with Delta Trade. Serious doubts are spreading. In the meantime, many investors in Delta Trade have the feeling that it is an investment scam. All Delta Trade investors are wondering if they have been victims of an investment scam? And what can Delta Trade investors do if the suspicion of investment fraud is confirmed? How can Delta Trade investors get their money back? Does it make sense to file a criminal complaint against Delta Trade with the police? What help is available in the event of investment fraud?
Delta Trade: Dubious affirmations on deltatrade.io!
What do unsuspecting investors need to read on deltatrade.io? "Our mission is to clearly understand our clients' needs, goals and concerns, helping them harness the full potential of the financial markets by providing all-inclusive investment services, supported by financial expertise, technological innovation, and unrivalled client support." This is just a small excerpt of the questionable promises investors can find on Delta Trade's website. Not a single one of these given assurances by Delta Trade has been kept. Unfortunately, the dubious business practices tend to make for disappointed investors and bad experiences!
Delta Trade: Hide and Seek Domain Entry!
Remarkable for the business practices of the Delta Trade makers is that the website does not contain an imprint. Thus, the complete information on the legally responsible operators of the website is missing. If one takes a look at the domain data of the Delta Trade website, there are no references to the operators. However, one learns that the domain was only registered on 01.07.2021 with NameCheap, Inc. The real domain owners are hiding behind the anonymisation service Withheld for Privacy ehf.
Delta Trade: Who is behind it?
Many investors will find it rather difficult to answer this question, as the Delta Trade makers do everything they can to conceal the true circumstances. However, this is nothing unusual. The perpetrators usually operate several of these websites with the same fraudulent business model. These are created in advance, quickly put on the net and just as quickly shut down. The top-level domain is often changed to deceive the financial supervisory and law enforcement authorities. But who is the operator? On the Delta Trade website there is only scanty information about this. Although the company Interix Sole Trader Limited Liability Company with the business address Rautistrasse 12, 8047 Zurich, Switzerland is given, the makers of Delta Trade cannot be found under this address. In addition, there is the obligatory support e-mail address and the telephone number +441465754898. A worldwide search for Delta Trade or the operator Interix Sole Trader LLC in the relevant registers leads to no result. This makes it clear that this is probably a pure fantasy product.
Delta Trade: The customer acquisition of the investment scammers
The same approach can be found here again and again: In order to attract investors, the offers of Delta Trade are propagated in all possible media and channels. Again and again, these are false promises. To reinforce the deception, they upload image films on YouTube in which interested investors 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 programme is usually launched to encourage others to promote Delta Trade.
Delta Trade: 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 many 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. Investors usually start with a small amount of money. Beforehand, investors are often motivated to install remote maintenance software, such as "AnyDesk" or "TeamViewer", on their computers so that they can supposedly receive help with the first steps. In many cases, the computer is manipulated afterwards 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. Sometimes even small sums are paid back to lull investors into a sense of security. Who then does not want to increase the stakes further? But what happens next?
Delta Trade: Repayment of the money is subject to conditions
Once in, it is usually impossible to get out. Rather, the administrators of the investment scams tie a repayment of the money to further deposits. This is where employees come into play who claim alleged tax debts and commission payments. If these are settled, the alleged profits are paid out. The perpetrators send investors self-made tax and commission statements, often decorated with fake coats of arms. These would have to be paid urgently. It is never possible to offset them against the alleged profits. If an investor refuses to make further deposits, supposed profits are turned into losses through senseless transactions and the client is damaged to the maximum. The horror does not end there, but investors are permanently confronted with calls from other dubious providers. This indicates that the investors' contact details are traded on among the investment fraudsters. In the end, a "saviour" regularly calls 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!
Delta Trade: Scheme of Investment Fraud?
An authorisation of the online broker Delta Trade is not available. Delta Trade is not regulated by a recognised 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. Similarly, there is no authorization from the Swiss Federal Financial Supervisory Authority (finma) or the Financial Market Authority (FMA) of Austria, which is responsible for Switzerland. It is also obvious that Delta Trade is a scheme of capital investment fraud. All investors harmed by Delta Trade are advised to consult an investment fraud lawyer immediately.
Delta Trade: Where are the investment fraudsters active?
Unfortunately, Delta Trade's illegal activities are not limited to the English-speaking world. Because Delta Trade also addresses German-speaking investors, it is only a matter of time before the defrauded investors of this speaker group also come forward. Going through the list of supervisory authorities is recommended before any financial commitment in order to reduce the risk of becoming a victim of investment fraud.
Delta Trade: Investors want their money back!
The situation is not nearly as hopeless as it seems. Victims can take legal action against those involved in the investment fraud and reclaim their invested money. At the moment, it is rather unlikely that the Delta Trade investment fraudsters will be caught in time, but there is still reason to hope. Especially because the transactions of the money went through accounts provided by reputable banks. Unfortunately, they failed to check the investors' deposits, some of which were large and therefore subject to controls, and their onward transfer for illegality. This negligence enabled the investment fraudsters to carry out their criminal activities in the first place.
Delta Trade: You want your money back! How does it work?
Equipped with this knowledge, investors would not have entered into transactions with Delta Trade. Now the only alternative left for the victims is to seek compensation. Many investors cannot even imagine that there is a 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 offence of money laundering has been committed. Financial institutions are obliged to take action against money laundering. This is where one starts with good chances of success. First of all, essential points must be clarified. To which destination were the funds embezzled by Delta Trade sent? Is there a realistic chance that the investors who were defrauded will get back the money they invested with Delta Trade? What actions are due from now on? A lawyer specialised in investment fraud will be happy to answer such questions thoroughly
Delta Trade: Who can help?
What to do in case of investment fraud? What help can victims of Delta Trade hope for in the event of investment fraud? Delta Trade victims will ideally find the help they need from an experienced investment fraud lawyer. He or she will be able to take care of your case with Delta Trade both in terms of the criminal aspects of investment fraud, as well as the recovery of funds and possible claims for damages. A trading lawyer is also an option because they are also aware of the methods used by fraudulent brokers such as Delta Trade.
Delta Trade: Follow the money!
Resch Rechtsanwälte, an internationally active law firm for the protection of investors, has been pursuing such abuses on the non-regulated capital market for more than three decades. Seen in this light, Delta Trade's approach is nothing really new. Over the years, Resch Rechtsanwälte has developed a powerful set of tools for tracking down retained capital and tracing the flow of funds. Making funds disappear has become very difficult in the age of the internet. The sooner investors follow the money trail, the more likely they are to get their invested capital back. What is important now is that those who have been harmed by Delta Trade act without delay.
RESCH Rechtsanwälte - Experience in investor protection since 1986
If you have been a victim of Delta Trade and want to know if and how you can get your money back, call +49 30 885 9770 or fill in the questionnaire. You will receive a free assessment of your case.