Growline - Fraudulent broker based in the Marshall Islands
Growline pretends to provide investors with ideal opportunities to make money as quickly as safely when trading contracts for difference. Everything at Growline is investment fraud. Nothing is traded on growline.pro. Not a penny has been invested. Everything the investor sees on his screen is for investor deception. The money has landed right into the pockets of investment scammers. Have you had the same experience? What help is there for investment fraud? What can investors do who have been deceived by Growline? How can investors get their money back from rogue providers?
Growline: Half-silent and dubious assurances
What do the perplexed investors have to read on growline?pro website? "Get all the knowledge to trade currency pairs, indices, and commodities via CFDs. Studying the markets has never been so easy!" This is just a small sample of the questionable affirmations that interested parties can find on Growline's website. None of these given assurances by Growline have been kept. Unfortunately, shady business practices tend to make for unhappy investors and miserable experiences!
Growline: Who is behind it?
Answering this question is likely to cause trouble for many investors, as Growline makers do everything they can to disguise the true circumstances. This is nothing out of the ordinary, as scammers often operate several of these websites with the same fraudulent business model. Such ones are created continuously, uploaded to the Internet without stopping, and shut down just as swiftly, moreover, the top-level domain is often changed to evade financial regulators and law enforcement agencies.
But who is the operator of Growline?
There is hardly any usable information about this on Growline's website. Certainly, the company HALFMILE LTD. is indicated with the address TRUST COMPANY COMPLEX, AJELTAKE ROAD, AJELTAKE ISLAND, MAJURO, REPUBLIC OF THE MARSHAL ISLANDS MH96960. There, on a small Pacific atoll, the makers of Growline are certainly not to be found, since it is at best a letterbox company. Besides, the usual email address email@example.com and the UK phone number +44 74 414-26-563 can also be found there. The domain growline.pro was registered with RRR on DDD.
Growline: Scheme of the investment fraud
The investment fraud usually plays out according to the recurring scheme: investors initially put in a small sum - usually 250 euros - are impressed by how quickly this amount multiplies, so much so that they are ready to "invest" higher and higher sums. The annoyance arises every time investors want to have their money paid out, because now supposedly taxes, commissions, fees, or whatever have to be paid all at once. Unfortunately, most investors understand far too late that they have fallen for investment scammers who never intended to pay out the money again.
Growline: What help is available for investment fraud?
How to act in case of investment fraud? This is a question that many aggrieved investors ask themselves, because filing a criminal complaint hardly makes any sense, as this serves mainly to prosecute, but not to recover the money. What kind of help can be used in case of investment fraud and how do investors get their money back? The lawyer specializing in investment fraud must know how to trace the money, because as it used to be said, money is never gone, only somewhere else. Today, this can be supplemented: It is not easy, but with the proper tools it is possible to track money digitally on a regular basis - even if it was deposited with Bitcoin through a crypto exchanger.
RESCH Rechtsanwälte GmbH - Experience in investor protection since 1986
If you have been a victim of Growline 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.
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