The alleged online broker IFT-Consulting sells itself as a trustworthy platform for online trading. However, there is increasing information that there are serious abuses at IFT-Consulting. More and more investors are reporting telephone terror, rip-offs, and investment fraud in connection with IFT-Consulting. The investors have lost all their money invested with IFT-Consulting. Doubts are announced. Meanwhile, many investors of IFT-Consulting have the feeling that it concerns investment fraud. All investors of IFT-Consulting ask themselves whether they have become victims of investment fraudsters? And what can IFT-Consulting investors do if the suspicion of investment fraud is substantiated? Will the investors of IFT-Consulting get their money back? Does it make sense to file a criminal complaint against IFT-Consulting with the police? What help is available in case of investment fraud?
IFT-Consulting: False promises on ift-investment.com!
What are the astonished traders being served up on www.ift-investment.com? "IFT-Consulting has a long history in the world of finance...We have been pioneers in the industry for many years and are known for taking innovative steps...We are very proud of our accomplishments and of all the people who have led us here." This is just a small sample of the lying assurances prospective customers find on IFT-Consulting's website. Not one of these full-bodied assurances by IFT-Consulting has been kept. Regrettably, the dubious business practices rather provide for disappointed investors and miserable experiences!
IFT-Consulting: Hide-and-seek game with the domain entry!
Remarkable for the business practices of the IFT-Consulting 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 you take a look at the domain data of the website of IFT-Consulting, you will not find any information about the operators. However, one learns that the domain was only registered on 16.11.2020 with RegistryGate GmbH.
IFT-Consulting: Who is behind it?
To answer this question will be rather difficult for many investors because the IFT-Consulting makers do everything 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 website of IFT-Consulting, there is only sparse information about this. The two companies IFT-Consulting and IFT-Investment Ltd. with the business address Landstrasse 123, Business-Center, 9495 Triesen, Liechtenstein as well as Avenue Louis-Casaï 18/5th & 6th floor, 1209 Genève, Switzerland and Ground Floor, 20- 22 Wenlock Rd., London N1 7GU, United Kingdom are stated, but the makers of IFT-Consulting cannot be found among them. In addition, there are the obligatory support e-mail address and the two telephone numbers +41225520232 for Switzerland and +442032867256 for England.
IFT-Consulting: The customer acquisition of the investment fraudsters
Here the same procedure can be found again and again: To acquire new customers, the offers of IFT-Consulting are presented in all conceivable media and channels. Often this is false information. Furthermore, they upload films on Youtube in which interested 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, an affiliate program is often started to incite others to beat the advertising drum for IFT-Consulting.
IFT-Consulting: 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 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 how does it continue?
IFT-Consulting: Repayment of the money is tied to conditions
Once in, an exit is mostly impossible. Rather the administrators of the investment fraudsters tie 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!
IFT-Consulting: Scheme of investment fraud?
There is no legitimacy in the trading platform IFT-Consulting. IFT-Consulting lacks authorization from a recognized European financial regulator, 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. For this, there is a warning from the Financial Market Authority (FMA) Liechtenstein dated 27.09.2021. It is also obvious that IFT-Consulting is a scheme of capital investment fraud. All investors harmed by IFT-Consulting are advised to immediately contact an investment fraud attorney.
IFT-Consulting: Where are the fraudsters active?
There is no doubt that IFT-Consulting traders are dealing with investment fraud in Germany, Switzerland, and Austria. Unfortunately, IFT-Consulting's activities were not limited to the DACH region. Since IFT-Consulting also addresses investors in France and Italy, it is not surprising that defrauded traders from these countries also come forward. It is advisable to have a look at the list of regulations before any financial engagement to reduce the risk of becoming a victim of investment fraud.
IFT-Consulting: Investors want their money back!
The situation is far better than it appears. The damaged ones can counteract and reclaim their invested money. At the moment it is rather not to be expected that the investment fraudsters of IFT Consulting are seized promptly, nevertheless, there is cause to hope. Above all, the transactions of the funds ran over accounts, which made respectable financial houses available. Their responsible persons neglected to control the partly high and therefore controllable deposits of the investors and their forwarding for legality. Delays of this kind have made investment fraud possible.
IFT-Consulting: They want their money back! How does that work?
Equipped with this knowledge, no investor would have entered into a business relationship with IFT-Consulting. Now the only way left for them is to seek redress. 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. Where have the funds embezzled by IFT-Consulting been taken to? Is there a possibility that the damaged investors get back their money invested with IFT-Consulting? What actions are necessary from now on? A lawyer specializing in capital investment fraud is the best person to answer such questions.
IFT-Consulting: Who can help?
What to do in case of investment fraud? What help in case of investment fraud can the victims of IFT-Consulting hope for? Victims of IFT-Consulting will 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 IFT-Consulting 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 IFT-Consulting.
IFT-Consulting: Follow the money!
Such abuses on the not regulated capital market pursue the internationally active Anlegerschutzkanzlei Resch attorneys since over three decades. In this respect, the working method of IFT-Consulting is nothing new. Over the decades, Resch Rechtsanwälte has developed effective equipment for tracking down the seized capital and tracing the flow of funds. In times of the Internet, it has become very difficult to make funds disappear. The faster investors follow the trail of money, the greater the likelihood that they will get back their invested capital. Above all, investors must harm by IFT-Consulting take action without delay.
RESCH Attorneys at Law - Experience in investor protection since 1986
If you have become a victim of IFT-Consulting 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.