GM Warburg Commercial - Investment fraud via bank subsidiary in South Korea?

The alleged investment advisor GM Warburg Commercial claims to be an impeccable market participant for investment advice. However, evidence is mounting that there are significant shortcomings at GM Warburg Commercial. Reports from investors about GM Warburg Commercial are piling up, with talk of telephone terror, rip-offs and investment fraud. Many have lost their money invested with GM Warburg Commercial. All GM Warburg Commercial investors are wondering if they have been victims of investment fraud? And what can GM Warburg Commercial investors do if the suspicion of investment fraud is substantiated? How can investors in GM Warburg Commercial get their money back? Does it make sense to file a criminal complaint against GM Warburg Commercial with the police? What help is available in the event of investment fraud?



GM Warburg Commercial: Shady promises on the website
What do perplexed investors read on GM Warburg "Unlike others, GM Warburg Commercial's investment philosophy is fluid and adapts to the general economic outlook and prevailing market conditions. While it is true that many managers pride themselves on the fact that their investment style has not changed significantly in recent years, the harsh reality is that the best investment styles are those that have adapted to the greater interdependencies that characterize today's markets. - We are purely evidence-based investors, which means we rely on the accuracy and effectiveness of our own internal research and that of a small group of preferred third-party research institutions whose analyses we have implicitly trusted over the years. The evidence this research provides is the foundation for the investment decisions we make and the assets, tools and techniques we use to implement them." That's just a small citation of the implausible promises that the curious can find on GM Warburg Commercial's website. None of these given promises by GM Warburg Commercial have been kept. Unfortunately, the shady business behavior rather ensures disappointed investors and bad experiences!


GM Warburg Commercial: Hide-and-seek game with the domain entry!
Remarkable for the business practices of the GM Warburg Commercial makers is that the website does not contain any imprint with complete information about the legally responsible operators of the website. If one looks at the corresponding domain data of the website, one finds no reference to the operators there and finds that the website was registered only on 07/28/2020 and that the real domain owners are hiding behind the anonymization service Domains, LLC. Can this be a coincidence?


GM Warburg Commercial: Who is behind it?
Certainly not the well-known Warburg Bank from Hamburg! But who then? Answering this question will be rather difficult for many investors, as the GM Warburg Commercial makers are doing everything they can to conceal the true circumstances. This is not unusual, however, as the perpetrators often operate various of these websites with the supposedly same business model and quickly bring them online, but also shut them down again just as quickly. In many cases, the top-level domain is also frequently changed, possibly also in order to deceive the financial supervisory and law enforcement authorities. And who is the operator? There is no information about this on the website One only finds the following information under the contact details:
● 8F Apple Tree Tower,
● 443 Tehran-ro, Samseong-dong,
● Gangnam-gu, Seoul,
● South Korea
● +82 2 3478 4407
A worldwide search for GM Warburg Commercial in the relevant registers yields no results and makes it clear that the company is a pure fantasy.


GM Warburg Commercial: The customer acquisition of the investment scammers.
Here the same procedure is found again and again: In order to acquire new customers the recommendations of GM Warburg Commercial are advertised in all possible media and channels. For example, advertisements are placed in social media, such as Facebook. Often enough, these recommendations are misinformation. In addition, they upload videos on YouTube in which interested investors are convinced with fictitious 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 program is often started to spur others to intensively promote GM Warburg Commercial.


GM Warburg Commercial: 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 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. 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?


GM Warburg Commercial: Repayment of the money is tied 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 statements are sent to the investors, which are often decorated with fake emblems and, of course, have to be paid urgently. A settlement with the supposedly achieved profits is, however, never possible. If one refuses these further deposits, the supposed profits are often turned into losses 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 "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!


GM Warburg Commercial: Scheme of investment fraud?
There is no regulation of the investment advisory GM Warburg Commercial. GM Warburg Commercial lacks the legitimacy of a recognized European supervisory authority, such as the British Financial Conduct Authority (FCA). Likewise, 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 evident that GM Warburg Commercial is a scheme of capital investment fraud. All investors harmed by GM Warburg Commercial are advised to consult an investment fraud attorney as soon as possible.


GM Warburg Commercial: Where are the investment fraudsters active?
Investors are dealing with GM Warburg Commercial investment fraud in Germany, Switzerland and Austria. Unfortunately, GM Warburg Commercial's activities are not limited to the DACH region. Because GM Warburg Commercial targets English-speaking investors all over the world, it is only a matter of time before the defrauded come forward from all over. Going through the list of regulators is advisable before any financial engagement to reduce the risk of becoming a victim of investment fraud.


GM Warburg Commercial: Claims for damages against banks involved
A license from the German Federal Financial Supervisory Authority (BaFin) is a mandatory requirement for financial services and investment transactions in Germany. The conduct, support or facilitation of such transactions, including cross-border transactions into Germany, is prohibited. Persons and companies who nevertheless participate in such transactions are obliged to compensate the victims. Such investment fraud cases would not have been conceivable without these banks.


GM Warburg Commercial: Investors want their money back!
The situation is far more promising than it seems. The aggrieved investors can take legal action against those involved in the investment fraud and reclaim the money invested. At present it is not to be expected that the investment fraudsters of GM Warburg Commercial are seized soon, nevertheless there is cause to hope. Hope because the money flowed through accounts provided by reputable financial institutions. The latter obviously failed to check the investors' deposits, some of which were large and therefore subject to controls, and their onward transfer for illegality. Such omissions made the investment fraud possible in the first place.


GM Warburg Commercial: They want their money back! How does it work?
Equipped with this knowledge, the interested parties would never have agreed to do business with GM Warburg Commercial. Now the only way left for the victims is to try to get their money back. Many investors can't 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 have a duty to take action against money laundering. This is where one starts with good chances of success. To this end, relevant questions must be answered. Where did the money embezzled from GM Warburg Commercial go? Can investors somehow get back the money they invested with GM Warburg Commercial? What precautions are necessary now? An attorney specialized in investment fraud will be happy to answer such questions thoroughly for you


GM Warburg Commercial: Who can help?
What to do in case of investment fraud? What help with investment fraud can victims of GM Warburg Commercial hope for? GM Warburg Commercial 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 case with GM Warburg Commercial 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 can also be considered, because he is also familiar with the methods of fraudulent brokers, such as GM Warburg Commercial.


GM Warburg Commercial: Follow the money trail!
Such abuses on the grey capital market have been pursued by the investor protection law firm Resch Rechtsanwälte for more than 30 years. The procedure of the GM Warburg Commercial is from there nothing new. Over the decades, Resch Rechtsanwälte has developed a powerful range of instruments for tracking down retained funds and tracing the flow of money. Making funds actually disappear is becoming increasingly difficult in the age of the Internet. The more expeditiously those affected follow the money trail, the better their chances of recovering the capital they have invested. It is important now that those injured by GM Warburg Commercial act immediately.


RESCH Attorneys at Law - Experience in investor protection since 1986
If you have become a victim of GM Warburg Commercial 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.