Fundiza -Financial regulators FCA and CNMV warn

The alleged online broker Fundiza claims to be an impeccable platform for online trading. However, there is increasing evidence that Fundiza is by no means running smoothly. Reports from traders about Fundiza are piling up, talking about telephone terror, rip-offs and investment fraud. Investors have lost all their capital invested in Fundiza. More and more doubts are spreading. In the meantime, many Fundiza investors have the feeling that it is an investment scam. All Fundiza investors are asking themselves whether they have become victims of an investment fraud? And what can Fundiza investors do if the suspicion of investment fraud is substantiated? How can Fundiza investors get their money back? Does it make sense to file a criminal complaint against Fundiza with the police? Where can I get help with investment fraud?


Fundiza: Exaggerated claims on the website
What is being served up to the astonished visitors on Our traders benefit from the following features and conditions...Secure trading with multi-level SSL encryption...Our clients' deposits are secured by our partner financial companies...The trading platform allows trading in currencies, spots, indices, spot energies, spot metals and futures...Fundiza offers competitive leverage that goes up to 1:400...Investors can trade 5 days a week, worldwide, from any device, 24/7. This is just a small part of the questionable assurances prospective traders will find on Fundiza's website. None of these full-bodied assurances by Fundiza have been kept. Sadly, the half-secret business conduct rather makes for disappointed investors and bad experiences!


Fundiza: Playing hide and seek with the domain entry!
Remarkable for the business practices of the Fundiza 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 Fundiza website, there are no references to the operators. However, one learns that the domain was already registered with NameCheap, Inc. on 23.08.2014. The real domain owners are hiding behind the Icelandic anonymisation service Withheld for Privacy ehf.


Fundiza: Who is behind it?
Many investors will find it rather difficult to answer this question, as the Fundiza 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 in order to deceive the financial supervisory and law enforcement authorities. But who is the operator? On the Fundiza website, there is only scanty information about this. The company FUNDIZA LTD. with the business address Victoria Park Road, Kingstown, St. Vincent and the Grenadines, Kingstown P.O.. Box 4457, but the makers of Fundiza cannot be found under this address. There is also the obligatory support e-mail address and the US telephone number +18889647227. 


Fundiza: The customer acquisition of the investment scammers
The same procedure can be found here again and again: In order to attract investors, Fundiza offers are advertised in all possible media and channels. Again and again, these recommendations are false promises. To increase the effect, they upload advertising films on Youtube or Vimeo in which interested parties 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 started to spur others to intensively promote Fundiza.


Fundiza: 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. Investors usually start with a small amount of money. Beforehand, the 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?


Fundiza: Repayment of money is tied to conditions
Once in, it is usually impossible to get out. Instead, the administrators of the investment scams tie the repayment of the money to further deposits. This is where employees come in, claiming 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 "saviour" also wants a small fee - in advance!


Fundiza: Scheme of investment fraud?
There is no legitimisation of the Fundiza trading platform. Fundiza lacks regulation by a recognised European financial 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. Instead, there is a warning from the Spanish Comisión Nacional de Mercado de Valores (CNMV) on 28.06.2021. This warning was joined by the Italian Commissione Nazionale per le Società e la Borsa (CONSOB) on 20.09.2021 and the FCA on 23.09.2021. It is readily apparent that Fundiza is a scheme of capital investment fraud. All those aggrieved by Fundiza should be advised to consult an investment fraud lawyer  as soon as possible.


Fundiza: Where are the fraudsters active?
Unfortunately, Fundiza's illegal activities are not limited to the English-speaking world. Because Fundiza also addresses German-speaking investors, it is only a matter of time before the defrauded investors of this speaker group also come forward. A look at the list of regulators is recommended before any financial commitment to reduce the risk of becoming a victim of investment fraud.


Fundiza: Investors want their money back!
The circumstances are far better than they seem. Victims can fight back and reclaim their invested capital. As of now, it is not to be expected that the Fundiza investment fraudsters will be caught soon, but there is nevertheless reason for hope. The reason for this is the fact that the money transactions took place via accounts provided by reputable banks. These banks obviously failed to check the legitimacy of the investors' deposits, some of which were large and therefore subject to controls. Such omissions enabled the investment fraudsters to carry out their criminal activities in the first place.


Fundiza: They want their money back! How does it work?
Equipped with this knowledge, investors would not have got involved in business with Fundiza. Now the only option left to the victims is to try to recover the invested capital. 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. Essential questions must be clarified in advance. To what destination were the funds embezzled by Fundiza taken? Is there a possibility that the aggrieved investors will get back the money they invested with Fundiza? What measures are now obligatory? A lawyer specialised in capital investment fraud will best answer such questions.


Fundiza: Who can help?
What to do in case of investment fraud? What help in the case of investment fraud can the victims of Fundiza hope for? Victims of Fundiza will ideally find the help they need from an experienced investment fraud lawyer. He will be able to take care of your Fundiza case both in terms of the criminal aspects of investment fraud, as well as 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 Fundiza.


Fundiza: Follow the money!
The internationally active investor protection law firm Resch Rechtsanwälte has been investigating such abuses on the unregulated capital market for over 30 years.  In this respect, Fundiza's methods are nothing new. Over the years, Resch Rechtsanwälte has developed efficient equipment for tracking down the shifted sums of money and tracing the money flows. In times of the Internet, it is becoming increasingly complicated to actually make money disappear. The quicker those affected follow the money trail, the greater the chances that they will see their invested capital again. It is now important that those who have been harmed by Fundiza act immediately.


RESCH Rechtsanwälte - Experience in investor protection since 1986
If you have been a victim of Fundiza and want to know if and how you can get your money back, call +48 30 885 9770 or fill out the questionnaire. You will receive a free assessment of your case.