IBA Trading - Fraudulent MLM System

The apparent online broker IBA Trading claims to be a credible platform for online trading with cryptocurrencies. However, there is increasing evidence that unacceptable conditions prevail at IBA Trading. Reports from traders about IBA Trading are accumulating, which speak of telephone terror, rip-offs and investment fraud. All investors lost their capital invested with IBA Trading. Serious doubts are spreading. In the meantime, many IBA Trading investors are worried that it is a case of investment fraud. All IBA Trading investors are asking themselves whether they have become victims of investment fraud? And what can IBA Trading investors do if the suspicion of investment fraud is confirmed? How can IBA Trading investors get their money back? Does it make sense to file a criminal complaint against IBA Trading with the police? Where can I get help in case of investment fraud?



IBA Trading: Exaggerated promises on the website www.iba-elite.com!
What do the astonished visitors to IBA Trading.com have to take in? "Our goal is to provide people with basic financial knowledge that is not taught in the regular school system and to do this together with a success-oriented community as support". This is just a small quote from the questionable promises investors can find on IBA Trading's website. Not a single one of these full-bodied assurances by IBA Trading has been fulfilled. Unfortunately, the suspect business practices tend to make for unhappy investors and miserable experiences!


IBA Trading: Serious? No way!
The experiences of other traders show that this is a thoroughly dubious provider. The makers of IBA Trading attract mostly inexperienced traders via their website iba-elite.com and get them to invest large sums. Above all, the traders are asked to recruit new members in order to earn additional money within the MLM structure. But nothing can come of the promised life of luxury, because sooner or later the sales structure collapses. Have you also had bad experiences with IBA Trading?


IBA Trading: Hide and Seek Domain Entry!
Remarkable for the business practices of the IBA Trading makers is that the website does not contain an imprint. Thus, the complete information on the legally responsible operators of the website is missing. If one takes a look at the domain data of the website of IBA Trading, there are no references to the operators. However, one learns that the domain was registered on 30.12.2021 with Tucows Domains Inc. The real domain owners are hiding behind the anonymisation service Contact Privacy Inc.


IBA Trading: Who is behind it?
Answering this question will be rather difficult for many investors, as the IBA Trading 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 on the net and just as quickly shut down. The top-level domain is often changed to deceive the financial supervisory and law enforcement authorities. But who is the operator? On the IBA Trading website, there is only scanty information about this. Although the company Anna Mayr Marketing Management with the business address Office 1404 Tamaris Arts, Business Bay, Dubai, United Arab Emirates is given, the makers of IBA Trading cannot be found under this address. In addition, there is the obligatory support e-mail address and the telephone number +4917642008542. A worldwide search for IBA Trading in the relevant registers leads to no result. This makes it clear that this is a purely imaginary product.


IBA Trading: The customer acquisition of the investment scammers
The same approach can be found here again and again: In order to attract investors, the offers of IBA Trading are advertised in all available media and channels. Often enough, these recommendations are false information. Furthermore, they upload films on Youtube or Vimeo in which interested investors are convinced with false 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 programme is usually started to give others the incentive to intensively promote IBA Trading.


IBA Trading: 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 many 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. Investors usually start with a small amount of money. Beforehand, investors are often motivated to install remote maintenance software, such as "AnyDesk" or "TeamViewer", on their computers so that they can supposedly receive help with the first steps. In many cases, the computer is manipulated afterwards 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. Sometimes even small sums are paid back to lull investors into a sense of security. Who then does not want to increase the stakes further? But what happens next?


IBA Trading: Repayment of the money will be subject to conditions
Once in, it is usually impossible to get out. Rather, the administrators of the investment scams tie a repayment of the money to further deposits. This is where employees come into play who claim alleged tax debts and commission payments. If these are settled, the alleged profits are paid out. The perpetrators send investors self-made tax and commission statements, often decorated with fake coats of arms. These would have to be paid urgently. It is never possible to offset them against the alleged profits. If an investor refuses to make further deposits, supposed profits are turned into losses through senseless transactions and the client is damaged to the maximum. The horror does not end there, but investors are permanently confronted with calls from other dubious providers. This indicates that the investors' contact details are traded on among the investment fraudsters. In the end, a "saviour" regularly calls 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 "rescuer" also wants a small fee - in advance!


IBA Trading: Scheme of Investment Fraud?
There is no authorisation of the trading platform IBA Trading. IBA Trading lacks the legitimacy of a recognised European financial supervisory authority, such as the English Financial Conduct Authority (FCA)or the Cyprus Securities and Exchange Commission (CySec), which is frequently used by brokers. Similarly, 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 easy to see that IBA Trading is a scheme of capital investment fraud. All victims of IBA Trading are advised to consult an investment fraud lawyer without delay.


IBA Trading: Where are the investment fraudsters active?
Unfortunately, IBA Trading's illegal activities are not limited to the English-speaking world. Because IBA Trading also addresses German-speaking investors, it is only a matter of time before the defrauded investors of this speaker group also come forward. Going through the list of regulators is recommended before any financial commitment to reduce the risk of becoming a victim of investment fraud.


IBA Trading: Investors want their money back!
The circumstances are far better than they appear. The aggrieved investors can take countermeasures and reclaim the money they invested. At present, it is unlikely that the investment fraudsters of IBA Trading will be caught in the near future, but there is nevertheless reason to hope. This is especially true because the money was transferred through accounts provided by reputable financial institutions. These undoubtedly failed to check the investors' deposits, some of which were large and therefore subject to controls, and their onward transfer for illegality. These failures made the investment fraud possible in the first place.


IBA Trading: You want your money back! How does it work?
Equipped with this knowledge, no one would have agreed to invest with IBA Trading. Now the only option left for the defrauded is to seek compensation for the loss. 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 offence of money laundering has been committed. Financial institutions are obliged to take action against money laundering. This is where one starts with good chances of success. Before doing so, essential questions should be answered. To which destination did the funds moved by IBA Trading disappear? Is there a chance that the bruised investors will get back the money they invested with IBA Trading? What actions are now obligatory? A lawyer specialised in capital investment fraud will best answer such questions.


IBA Trading: Who can help?
What to do in case of investment fraud? What help can victims of IBA Trading hope for in the event of investment fraud? Victims of IBA Trading will ideally find the help they need from an experienced investment fraud lawyer. He or she will be able to take care of your IBA Trading case both in terms of the criminal aspects of investment fraud, as well as the recovery of funds and possible claims for damages. A trading lawyer is also an option because they are also aware of the methods used by fraudulent brokers such as IBA Trading.


IBA Trading: Follow the money!
The internationally active investor protection law firm Resch Rechtsanwälte has been investigating such abuses on the grey capital market for more than three decades. Accordingly, IBA Trading's modus operandi is nothing really new. Over the years, Resch Rechtsanwälte has developed a sophisticated arsenal of instruments for tracking down stolen funds and tracing the money trail. Making funds really disappear is becoming increasingly difficult in the age of the Internet. The faster investors follow the money trail, the more promising it is that they will get their invested capital back. Now it is important that the investors who were harmed by IBA Trading take immediate action.


RESCH Rechtsanwälte - Experience in investor protection since 1986
If you have been a victim of IBA Trading 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.