Hengry Global Capital - British FCA warns against the broker
The alleged online broker Hengry Global Capital poses as a trustworthy platform for online trading. However, there are increasing indications that Hengry Global Capital is not doing things by the book. More and more investors are reporting telephone terror, rip-offs, and investment fraud in connection with Hengry Global Capital. Many have lost their capital invested with Hengry Global Capital. Doubts are announced. Meanwhile, many investors of Hengry Global Capital are afraid that it is investment fraud. All Hengry Global Capital investors are wondering if they have fallen victim to an investment scam? And what can Hengry Global Capital investors do if the suspicion of investment fraud is confirmed? How do Hengry Global Capital investors get their money back? Does it make sense to file a criminal complaint against Hengry Global Capital with the police? Where can I get help with investment fraud?
Hengry Global Capital: Unbelievable promises on hengry-fx.com!
What must the perplexed investors receive on www.hengry-fx.com? "Hengry Global Capital Limited was founded with the idea of democratizing trading...Back in 2010, when Hengry Global Capital Limited was founded, the only way to trade through a physical trading room was as a high net worth individual or institutional client...Without an initial investment of tens of thousands of dollars or more, it was impossible to trade...Our goal was to provide access to the market for anyone who wanted it." This is just a small sample of the false promises that interested parties can find on Henry Global Capital's website. None of these given statements by Hengry Global Capital have been kept. Unpleasantly, the dubious business practices rather provide for unhappy investors and miserable experiences!
Hengry Global Capital: Hide-and-seek game with the domain entry!
Remarkable for the business practices of the Hengry Global Capital 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 web page of Hengry Global Capital, no references to the operators are to be found there. However, one learns that the domain was registered with GoDaddy.com, LLC. only on 27.08.2021.
Hengry Global Capital: Who is behind it?
Answering this question will be rather difficult for many investors since the Hengry Global Capital makers do everything 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 scant information about this on the Hengry Global Capital website. The company Hengry Capital Global Limited with the two business addresses 2308 E 34th Ave, Vancouver, British Columbia, CANADA, V5R 2S7 and 52- 250 CONSUMERS ROAD, NORTH YORK, ONTARIO, CANADA, M2J4V6 is indicated, but the makers of Hengry Global Capital cannot be found under these addresses. Besides there is still the obligatory support email address, the four US-American telephone numbers +15592358848, +17785612160, +17786015944, +17785612160 and +18452851858 as well as the three mobile phone numbers 07868774364, 07849316783 and 07868721009. The worldwide search for Hengry Global Capital in the relevant registers leads to no results. This makes clear that it concerns in this case a pure fantasy product.
Hengry global Capital: The customer acquisition of the investment cheats
Here again and again the same proceeding is found: To attract new investors, the recommendations of Hengry Global Capital are presented in all possible media and channels. Often these recommendations are false promises. To reinforce the deception, they upload films on Youtube or Vimeo in which prospective investors 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 Hengry Global Capital.
Hengry Global Capital: 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 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 increase the stakes further? But what happens next?
Hengry Global Capital: Repayment of the money is attached 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 - upfront!
Hengry Global Capital: Scheme of investment fraud?
There is no regulation of the trading platform Hengry Global Capital. Hengry Global Capital lacks the legitimacy of 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 FCA dated 04.10.2021. It is also obvious that Hengry Global Capital is a scheme of capital investment fraud. All investors harmed by Hengry Global Capital should be advised to consult an investment fraud attorney immediately.
Hengry Global Capital: Where do the fraudsters operate?
Investors are dealing with Hengry Global Capital investment fraud in Germany, Switzerland, and Austria. The illegal activities of Hengry Global Capital are by no means limited to the DACH region. Because Hengry Global Capital is also targeting investors in Japan, China, Russia, France, and Spain, it is only a matter of time before the defrauded traders from these countries come forward as well. It is advisable to check the list of regulators before making any financial commitment to reduce the risk of becoming a victim of investment fraud.
Hengry global Capital: Investors want your 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 present, it is unlikely that the Hengry Global Capital investment fraudsters will be caught in time, but there is a reason for hope. This is especially true because the money was transferred through accounts provided by banks that we're concerned about a good reputation. 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 investment fraud possible in the first place.
Hengry Global Capital: They want their money back! How does it work?
Equipped with this knowledge, no investor would have agreed to do business with Hengry Global Capital. Now the only alternative left to them 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 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 must 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 by Hengry Global Capital taken? Are there realistic prospects that the defrauded investors will get back their money invested with Hengry Global Capital? What steps should be taken from now on? Such questions can best be answered by a lawyer specializing in investment fraud.
Hengry Global Capital: Who can help?
What to do in case of investment fraud? What help with investment fraud can victims of Hengry Global Capital hope for? Hengry Global Capital 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 Hengry Global Capital 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 Hengry Global Capital.
Hengry Global Capital: Follow the money!
Such abuses on the not regulated capital market pursue the internationally active Anlegerschutzkanzlei Resch attorneys for more than 30 years. The procedure of the Hengry global Capital is so regarded as 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 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 harmed by Hengry Global Capital react promptly.
RESCH Attorneys at Law - Experience in Investor Protection since 1986
If you have become a victim of Hengry Global Capital 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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