GreenLine - Experiences: Investors' money gone

GreenLine pretends to provide investors with excellent opportunities to make money online trading as fast as it is safe. Everything at GreenLine is investment fraud. Nothing is traded at GreenLine. Everything the investor sees on their screen is fake. The money has landed right in the pockets of the investment scammers. Not a cent has been invested. Have you had equally bad experiences? What can investors do who have been defrauded by GreenLine? How can investors get their money back? What help is available in case of investment fraud?


Green Line: Disreputable assertions on the website!
What must unsuspecting prospective investors receive on "The team at Green Line is dedicated to making investing and trading the global markets easy with the help of an intuitively designed platform, a wide range of trading tools, and full-time support. Get an edge in the industry and begin your trading journey with confidence by familiarizing yourself with the extensive list of trading options we offer." This is just a small sample of the suspect promises that curious people can find on Green Line's website. None of these lofty promises made by Green Line have been kept. Disappointingly, the half-secret business practices rather make for disappointed investors and miserable experiences!


Green Line: Hide-and-seek game with the domain entry!
Remarkable for the business practices of the Green Line 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 Green Line's website, there are no references to the operators. However, one learns that the domain was registered with Hosting Concepts B.V. only on 07.06.2021. The real domain owners hide behind the anonymization service Whois Privacy Protection Foundation.


Green Line: Who is behind it?
Answering this question will be rather difficult for many investors, as the Green Line 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 Green Line website, there is only sparse information about this. Although the company Green Line with the business address London, UK is given, the creators of Green Line cannot be found under this address. In addition, there is the obligatory support e-mail address and the telephone number +442045710276. The worldwide search for Green Line in the relevant registers leads to no result. That clarifies that it concerns in this case a pure fantasy product.


Green Line: The customer acquisition of the investment cheats
Here again and again the same proceeding is found: To attract new customers the offers of Green Line are propagated in all possible media and channels. Again and again, these offers are false promises. To increase the deception, they upload promotional 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 the erroneous reference to the TV show "Die Höhle der Löwen". With the same goal, an affiliate program is often started to incite others to intensively promote Green Line.


Green Line: Criminal business practices
Once 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 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?


Green Line: Repayment of the money is linked to conditions
Once in, an exit is mostly impossible. Rather, the administrators of the investment scammers 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, 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 is 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 - in advance!


Green Line: Scheme of investment fraud?
There is no regulation of the Green Line trading platform. Green Line lacks authorization from a recognized European 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 authorization from the Swiss Financial Market Supervisory Authority (finma) or the Financial Market Authority (FMA) of Austria, which is responsible for Switzerland. It is also obvious that Green Line is a scheme of capital investment fraud. All victims of Green Line are advised to consult an investment fraud lawyer as soon as possible.


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

Green Line: Investors want their money back!
The situation is far better than it seems. The injured parties can take countermeasures and reclaim their invested money. At present it is not probable that the investment fraudsters of Green Line are seized promptly, nevertheless, there is a reason for hope. The main reason is that the money was transferred through accounts provided by reputable financial institutions. Their responsible persons neglected it demonstrably to control the partly high and therefore control-requiring deposit of the investors and their forwarding for legality. Such negligence made investment fraud possible in the first place.


Green Line: They want their money back! How does that work?
With this knowledge, the interested parties would never have entered into a business relationship with Green Line. Now the only option left for the deceived is to try to get their money back. Many investors cannot even imagine that there is a real chance of ever seeing their money again. Probably all of them are now wondering if 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 must take action against money laundering. This is where one starts with good chances of success. Essential questions must be clarified in advance. To which destination were the funds moved by Green Line? Can investors somehow get back the money they invested with Green Line? What actions are required next? You can get the answers to these questions from an attorney who specializes in investment fraud.


Green Line: Who can help?
What to do in case of investment fraud? What help with investment fraud can victims of Green Line hope for? Green Line victims will ideally find the help they need from an experienced investment fraud attorney. He or she will be able to take care of your Green Line 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 is also a possibility because he is also familiar with the methods of fraudulent brokers, such as Green Line.


Green Line: Follow the money!
Such abuses in the unregulated capital market pursue the international Anlegerschutzkanzlei Resch attorneys for over 30 years. The methods of the Green Line are thus nothing new. Over the years, Resch Rechtsanwälte has developed powerful equipment for tracking down the disappeared funds and tracing the money flows. Making money disappear has become almost impossible in the age of the Internet. The faster those affected follow the trail of the money, the greater the chances that they will get back the capital they have invested. Now it depends on the fact that the investors damaged by Green Line react immediately.


RESCH Attorneys at Law - Experience in investor protection since 1986
If you have become a victim of Green Line 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.