Fxgbp Markets - CONSOB trader warning
The apparent online broker Fxgbp Markets sells itself as a serious platform for online trading in CFDs, Forex and other asset classes. However, there are increasing indications that things are not above board at Fxgbp Markets. More and more investors are reporting telephone terror, rip-offs and investment fraud in connection with Fxgbp Markets. Many have lost their capital invested with Fxgbp Markets. Doubts are announced. Meanwhile, many Fxgbp Markets investors are afraid that it is an investment scam. All Fxgbp Markets investors are wondering if they have become victims of an investment scam? And what can Fxgbp Markets investors do if the suspicion of investment fraud is confirmed? How do Fxgbp Markets investors get their money back? Does it make sense to file a criminal complaint against Fxgbp Markets with the police? Where can I get help with investment fraud?
Fxgbp Markets: Unbelievable promises on fxgbpmarkets.com!
What do the perplexed investors have to receive on wwwfxgbpmarkets.com? "FXGBPMARKETS is the name investors choose to invest online. We offer stability and honest relationships with all investors who choose to use our innovative platform, the highest technology, analytical capabilities that help all our partners invest safely." This is just a small sample of the questionable promises that interested parties can find on the Fxgbp Markets website. None of these given promises by Fxgbp Markets have been kept. Unpleasantly, the dubious business practices rather make for unhappy investors and miserable experiences!
Fxgbp Markets: Hide-and-seek game with the domain entry!
Remarkable for the business practices of the Fxgbp Markets 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 Fxgbp Markets website, there are no references to the operators to be found. However, one learns that the domain was registered with NameCheap, Inc. as recently as 07/17/2020. The real domain owners hide behind the Icelandic anonymization service Withheld for Privacy ehf.
Fxgbp Markets: Who is behind it?
Answering this question will be rather difficult for many investors, as the Fxgbp Markets makers do everything they can to conceal the true circumstances. However, this is nothing unusual. The perpetrators mostly 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? There is scanty information about this on the Fxgbp Markets website. There is no company listed, only the business address Greencoat Place, Westminster, London, SW1P 1PL, United Kingdom, under which the makers of Fxgbp Markets cannot be found. In addition, there is the obligatory support email address and the two British telephone numbers +442037694830 and +447459930776.
Fxgbp Markets: The customer acquisition of the investment scammers
The same approach can be found here again and again: In order to attract new investors, Fxgbp Markets recommendations are presented in all possible media and channels. Often, these recommendations are false promises. To reinforce the deception, they upload movies on Youtube or Vimeo, in which prospective customers are convinced with false 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 goal, a mostly aggressive affiliate program is started to motivate others to beat the advertising drum for Fxgbp Markets.
Fxgbp Markets: 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 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?
Fxgbp Markets: repayment of money is subject to conditions
Once in, 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" also wants a small fee - up front!
Fxgbp Markets: scheme of investment fraud?
There is no regulation of the Fxgbp Markets trading platform. Fxgbp Markets lacks legitimacy from 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 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) dated 05.07.2021. This is the Italian supervisory authority for the financial market and financial services. It is also obvious that Fxgbp Markets is a scheme of capital investment fraud. All investors harmed by Fxgbp Markets are advised to consult an investment fraud lawyer immediately.
Fxgbp Markets: where do the fraudsters operate?
Investors are dealing with Fxgbp Markets investment fraud in Germany, Switzerland and Austria. The illegal activities of Fxgbp Markets are by no means limited to the DACH region. Because Fxgbp Markets is targeting Spanish and Italian speaking investors as well, it is only a matter of time until the defrauded traders from these language groups come forward as well. A look at the list of regulators is advisable before any financial commitment to reduce the risk of becoming a victim of investment fraud.
Fxgbp Markets: Claims for Damages against Involved Banks
It is mandatory for anyone wishing to provide financial services and investment transactions in Germany to first obtain a license from the German Federal Financial Supervisory Authority (BaFin). It is prohibited to conduct, support or facilitate such transactions, even across borders into Germany. Individuals and companies who nevertheless engage in such activities are liable to pay damages to the victims. The investment fraud cases would have been hardly conceivable without such banks.
Fxgbp Markets: Investors want their money back!
The situation is by far better than it seems. The aggrieved parties can take action against the investment fraud and reclaim their invested capital. At the moment, it is unlikely that the Fxgbp Markets fraudsters will be caught in the near future, but there is still reason for hope. This is especially true as the funds were transacted through accounts provided by reputable banks. These banks undoubtedly failed to check the deposits made by investors, some of which were large and therefore subject to controls, and their onward transfer for illegality. Such failures made the investment fraud possible in the first place.
Fxgbp Markets: They want their money back! How does it work?
Equipped with this knowledge, no investor would have engaged in business with Fxgbp Markets. Now the only alternative left for them is to try to get their money back. Many investors cannot even imagine that there is any real chance of ever seeing their money back. 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 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. To this end, essential questions should be answered. Where were the funds embezzled from Fxgbp Markets taken? Are there realistic prospects that the defrauded investors will get back their money invested with Fxgbp Markets? What steps should be taken from now on? Such questions can best be answered by a lawyer specialized in investment fraud.
Fxgbp Markets: Who can help?
What to do in case of investment fraud? What help in case of investment fraud can the victims of Fxgbp Markets hope for? Fxgbp Markets victims can ideally find the help they need from an experienced investment fraud attorney. He will be able to take care of your Fxgbp Markets 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 Fxgbp Markets.
Fxgbp Markets: Follow the money trail!
Such abuses on the non-regulated capital market, the investor protection law firm Resch lawyers for more than 30 years. The procedure of the Fxgbp Markets is so regarded nothing new. Over time, Resch Rechtsanwälte has developed effective equipment for tracking down the money that has been set aside and tracing the flow of funds. In times of the internet it is getting more and more difficult to make money really disappear. The faster investors follow the money trail, the more promising it is that they will get back their invested capital. Above all, it is important that investors who have been harmed by Fxgbp Markets react promptly.
RESCH Attorneys at Law - Experience in investor protection since 1986
If you have become a victim of Fxgbp Markets 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.
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