The alleged online broker Finexics.com pretends to be a reputable platform for online trading. However, there are increasing indications that Finexics.com is not doing things by the book. More and more investors are reporting telephone terror, rip-offs and investment fraud in connection with Finexics.com. All investors lost their capital invested with Finexics.com. Serious doubts are spreading. Meanwhile, many Finexics.com investors are afraid that it is an investment fraud. All Finexics.com investors are wondering if they have become victims of an investment fraud? And what can Finexics.com investors do if the suspicion of investment fraud is confirmed? Will Finexics.com investors get their money back? Does it make sense to file a criminal complaint against Finexics.com with the police? Where can I get help with investment fraud?
Finexics.com: Shady claims on the website
What must the perplexed visitors to www.Finexics.com.com receive? "Finexics is one of the leading financial institutions in Europe specializing in Forex and CFD trading. We have made ourselves the first choice for many traders by providing trading services and support to all our clients. It is our policy to provide our clients with the best possible trading conditions and software. Our goal is to provide a high quality trading platform and up-to-date information that will allow our clients, whether they are beginners or experts, to trade safely and securely. This has led to Finexics being trusted by many traders around the globe." This is just a small sample of the suspect claims prospective traders will find on the Finexics.com website. None of these full-bodied assurances from Finexics.com have been delivered. Regrettably, the half-secret business conduct rather provides for disappointed investors and miserable experiences!
Finexics.com: Hide-and-seek game with the domain entry!
Remarkable for the business practices of the Finexics.com makers is that the website does not contain an imprint. Thus, the complete information about the legally responsible operators of the website is missing. If one takes a look at the domain data of the Finexics.com website, there are no references to the operators. However, one learns that the domain was registered on 20.07.2020 with GoDaddy.com, LLC. For once, the real domain owners are not hiding behind an anonymization service. Rather, a Mr. Alexandros Tirimou of Harmonte Group LLC is registered there, which suggests a Cypriot or Greek background.
Finexics.com: Who is behind it?
Answering this question will be rather difficult for many investors, as the Finexics.com 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 online and just as quickly shut down. The top-level domain is often changed to deceive financial regulators and law enforcement agencies. But who is the operator? On the Finexics.com website, there is the following information about it. It states the above mentioned Harmonte Group LLC with the business address First Floor, First St Vincent Bank Ltd Building, James Street. In addition, there is the obligatory support email address but no phone number. Undoubtedly, the same people are behind this platform as behind Finexics.io.
Finexics.com: The customer acquisition of the investment scammers
The same approach can be found here again and again: In order to win new customers, the offers of Finexics.com are propagated in all available media and channels. Often these offers are false promises. In addition they load films on Youtube highly prospective customers with wrong references to be convinced. 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 spur others to beat the advertising drum for Finexics.com.
Finexics.com: 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?
Finexics.com: Repayment of the money is tied to conditions
Once in, an exit is mostly impossible. Rather, the administrators of the investment scammers tie a repayment of the money to further deposits. This is where employees come in, claiming alleged tax debts and commission payments. If these are settled, it would come to the disbursement of the allegedly obtained profits. The perpetrators send the investors self-made tax and commission statements, often decorated with fake coats of arms. These would have to be paid urgently. A clearing with the allegedly obtained profits, is never possible. If an investor refuses further deposits, alleged profits are converted by senseless transactions into losses and the customer maximally damaged. This is not the end of the horror, but investors are permanently confronted with calls from other dubious providers. This indicates that the contact details of the investors are further traded among the investment fraudsters. In the end, a "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!
Finexics.com: Scheme of investment fraud?
There is no regulation of the online broker Finexics.com. Finexics.com lacks the legitimacy of a recognized European supervisory authority, 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 authorization from the Swiss Financial Market Supervisory Authority (finma) or the Financial Market Authority (FMA) of Austria, which is responsible for Switzerland. For this, there is a warning from the Commissione Nazionale per le Società e la Borsa (CONSOB). This is the supervisory authority for the financial market and financial services in Italy. It is easy to see that Finexics.com is a scheme of capital investment fraud. All investors harmed by Finexics.com are advised to contact an investment fraud attorney as soon as possible.
Finexics.com: Where do the fraudsters operate?
Investors are dealing with Finexics.com investment fraud in Germany, Switzerland and Austria. The illegal activities of Finexics.com are by no means limited to the DACH region. Because Finexics.com also addresses investors all over the world with a translation tool, fraudsters from all over the world can also be expected. A look at the list of regulators is advisable before any financial commitment to reduce the risk of becoming a victim of investment fraud.
Finexics.com: Claims for damages against banks
In Germany, a license from the Federal Financial Supervisory Authority (BaFin) is a mandatory requirement for financial services and investment transactions. 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 compensate the injured parties. The investment fraud cases would have been hardly realizable without such banks.
Finexics.com: Investors want your money back!
The situation is by far more promising than it seems. The damaged investors can demand against those involved in the investment fraud and their invested capital back. As of today, it is not likely that the Finexics.com investment fraudsters will be apprehended in a timely manner, but there is still reason to hope. Especially because the transactions of the funds went through accounts that were actually provided by reputable banks. These have demonstrably failed to check the investors' deposits, some of which were large and therefore subject to controls, and their forwarding for illegality. Such delays enabled the investment fraudsters to carry out their criminal activities in the first place.
Finexics.com: They want their money back! How does it work?
Equipped with this knowledge, the interested parties would never have agreed to invest with Finexics.com. Now the only way left for the deceived is to try to recover the invested money. Many investors cannot even imagine that there is any real chance of ever seeing their money again. 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 have a duty to take action against money laundering. This is where one starts with good chances of success. Essential points must be clarified in advance. Where were the funds embezzled from Finexics.com taken? Can investors somehow get back their money invested with Finexics.com? What measures are necessary from now on? Such questions can best be answered by a lawyer specializing in investment fraud.
Finexics.com: Who can help?
What to do in case of investment fraud? What help in the case of investment fraud can the victims of Finexics.com hope for? Finexics.com victims can ideally find the help they need from an experienced investment fraud attorney. He or she will be able to take care of your Finexics.com case 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 Finexics.com.
Finexics.com: Follow the money trail!
Such abuses on the non-regulated capital market have been pursued by the investor protection law firm Resch Rechtsanwälte for more than 30 years. The working method of Finexics.com is therefore nothing new. Over the years, Resch Rechtsanwälte has developed an effective set of tools for tracking down shifted capital and tracing the flow of money. In times of the Internet, it has become extremely difficult to make funds really disappear. The more swiftly investors follow the money trail, the more promising it is that they will get back their invested capital. It is now important that investors who have been harmed by Finexics.com take immediate action.
RESCH Attorneys at Law - Experience in investor protection since 1986
If you have become a victim of Finexics.com 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.
Let us help you!
+ 49 30 / 88 59 77 0