EU Mining creates the impression that the investor is provided with the very best conditions to make money with mining as fast as it is safe. Everything at EU Mining is investment fraud. Nothing is traded at EU Mining. The money is immediately landed in the pockets of the investment scammers. Everything the investor sees on his screen is fake. Not a cent has been invested. What can investors do who have been scammed by EU Mining? How can the investor get his money back? What help is available in case of investment fraud?
EU Mining: Suspicious assertions on the website www.eumining.ch!
What are the unsuspecting investors being presented with on eumining.ch? "EUMining is one of the leading hash power providers in the world, offering cryptocurrency mining capacity at any scale - for beginners, interested home miners, and large-scale investors. Our mission is to make acquiring cryptocurrencies easy and fast for everyone. EU Mining is one of the few mining companies that have been able to obtain licenses and certifications in the industry." This is just a small sample of the suspect promises that curious people can find on EU Mining's website. Not one of these given promises by EU Mining has been kept. Unfortunately, the shady business conduct rather makes for unhappy investors and bad experiences!
EU Mining: The domain entry is hidden!
Of course, the investment scammers do not want themselves to be easily tracked down. That is why the website has no imprint with the full details and address of the operators of the website eumining.ch. Also, the domain data of the website eumining.ch does not contain any indication of who registered the site.
EU Mining: Who is behind the investment fraud?
Investors will not be able to answer this question. The investment scammers disguise their identity perfectly - almost. This is normal because the investment scammers regularly operate various websites where they offer their fraudulent business models. In the case of EU Mining, the website has already been shut down. And who is the operator? There was no information about this on the website of eumining.ch. Only a telephone number with a German area code and an address in Switzerland and Germany are given. At the address Pfingstweidstrasse 110, 8021 Zurich, Switzerland EU Mining is not to be found. Instead, company Six, which offers services for the capital market, can be found here. At the address Börsenplatz 4, Frankfurt am Main 60313 EU Mining is also not to be found, but the building of the stock exchange. The worldwide search for EU Mining in the relevant registers does not lead to any result and makes clear that this is a pure fantasy product.
EU Mining: The customer acquisition of the investment fraudsters
There is a classic scheme of investment fraud. To acquire new investors, the offers of EU Mining are presented in all available media and channels. Thus, advertisements are often placed via platforms for financial investments or even via social media. Often enough, the offers are misinformation. To increase the effectiveness, they upload image films on Youtube, in which interested investors are convinced with invented references. Here, celebrities report on their experiences with online trading. All lies! Everything fake! Everything fake! Nothing is real! At the same time, an affiliate program is often started to motivate others to intensively promote EU Mining.
EU Mining: Criminal business practices
As soon as the customer has registered on the platform, he receives calls from alleged financial experts 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, and the Federal Criminal Police Office and the Federal Financial Supervisory Authority (BaFin) also warn against them. 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 to entice the customer to place further high stakes. In some cases, even small sums are returned to lull investors into a sense of security. Who then does not want to further increase the stakes? But what happens next?
EU Mining: Repayment of 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 lost, 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 "saving angel" regularly comes forward, claiming to have uncovered the whole scam. He impresses with his insider knowledge. No wonder, since he is part of the fraudster gang. The next rip-off! And of course, the "saving angel" also wants a small fee - in advance!
EU Mining: Scheme of investment fraud?
There is no legitimacy of the online broker EU Mining. EU Mining lacks the regulation of 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), which is responsible for Switzerland, or the Financial Market Authority (FMA) of Austria. For this, there is a warning from finma dated 13.04.2022. It is easy to see that EU Mining is a scheme of capital investment fraud. All investors harmed by EU Mining should be advised to consult an investment fraud lawyer immediately.
EU Mining: Where are the fraudsters active?
Unfortunately, the illegal activities of EU Mining are not limited to English-speaking countries. Because EU Mining addresses German-speaking investors as well, it is only a matter of time until the defrauded investors of this speaker group will come forward as well. Going through the list of regulators is advisable before any financial commitment to reduce the risk of becoming a victim of investment fraud.
EU Mining: Investors want their money back!
The mixed situation is by far better than it seems. The aggrieved parties can take legal action against those involved in the investment fraud and demand the money they have invested back. At the moment it is rather unlikely that the investment fraudsters of EU Mining will be caught in time, but there is reason to hope. Hope because the money flowed through accounts provided by reputable financial institutions. Their responsible persons failed to control the partly high and therefore controllable deposits of the investors and their forwarding for legality. Such negligence made investment fraud possible in the first place.
EU Mining: They want their money back! How does it work?
Equipped with this knowledge, no investor would have got involved in business with EU Mining. Now the only alternative left for those deceived is to seek compensation for the loss. 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 start with good prospects of success. Essential questions should be answered in advance. To what destination have the funds embezzled by EU Mining been moved? Is there a possibility for the victims of the investment fraud to get back their money invested with EU Mining? What precautions are necessary from now on? You can get the answers to these questions from a lawyer specializing in investment fraud.
EU Mining: Who can help?
What to do in case of investment fraud? What kind of help in case of investment fraud can the victims of EU Mining hope for? Victims of EU Mining will ideally find the help they need from an experienced investment fraud lawyer. He or she will be able to take care of your EU Mining case both in terms of the criminal aspects of investment fraud and the recovery of funds and possible claims for damages. A lawyer for trading also comes into question, because he is also familiar with the methods of fraudulent brokers, such as EU Mining.
EU Mining: Follow the money!
Such abuses in the unregulated capital market have been pursued by the internationally active investor protection law firm Resch Rechtsanwälte for over 30 years. From this point of view, the approach of EU Mining is nothing new. Over the years, Resch Rechtsanwälte has developed effective equipment for tracking down the money that has disappeared and following the money trail. Making funds disappear is becoming increasingly difficult in the age of the Internet. The sooner investors follow the money trail, the greater the chances that they will get back the capital they have invested. It is important now that those who have been harmed by EU Mining act immediately.
RESCH Attorneys at Law - Experience in investor protection since 1986
If you have become a victim of EU Mining 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.
Let us help you!
+ 49 30 / 88 59 77 0