Immediate Edge - Traders' money is misappropriated

The alleged online broker Immediate Edge claims to be a safe platform for online trading. However, there is increasing evidence that unacceptable conditions prevail at Immediate Edge. Reports from traders about Immediate Edge are accumulating, talking about telephone terror, rip-offs and investment fraud. All investors lost their capital invested in Immediate Edge. Serious doubts are spreading. Meanwhile, many investors of Immediate Edge are worried that it is an investment fraud. All Immediate Edge investors are wondering if they have fallen victim to investment scammers? And what can Immediate Edge investors do if the suspicion of investment fraud is confirmed? How do Immediate Edge investors get their money back? Does it make sense to file a criminal complaint against Immediate Edge with the police? Where can I get help with investment fraud?


Immediate Edge: Exaggerated promises on the website!
What must the astonished visitors to receive? "Immediate Edge is a super fast and accurate crypto CFD trading system...Our trading algorithms can analyze market data and take positions within milliseconds...Immediate Edge places trades on new news 0.001 seconds before markets can adjust to information." That's just a small sample of the questionable claims investors can find on Immediate Edge's website. Not a single one of these full-bodied assurances by Immediate Edge is true. Unhappily, the suspect business practices tend to make for unhappy investors and miserable experiences!



Immediate Edge: Hide and seek with domain entry!
Remarkable for the business practices of the Immediate Edge 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 website of Immediate Edge, there are no references to the operators to be found. However, one learns that the domain was only registered on 04.01.2021 with NameCheap, Inc. The real domain owners hide behind the Icelandic anonymization service Withheld for Privacy ehf.


Immediate Edge: Who is behind it?
Answering this question will be rather difficult for many investors, as the Immediate Edge 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 basically no information about this on Immediate Edge's website. Only the company Profitoro Ltd. but no business address is given. There is neither the obligatory support email address nor a phone number. The worldwide search for Immediate Edge in the relevant registers leads to no result. This makes it clear that this is a pure fantasy product.


Immediate Edge: The customer acquisition of the investment fraudsters
Here the same procedure is found again and again: In order to win investors the offers of Immediate Edge in all available media and channels are advertised. 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 program is usually started to give others incentive to intensively promote Immediate Edge.


Immediate Edge: 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 in order to entice the customer to place further high stakes. In some cases, even small sums are returned in order to lull investors into a sense of security. Who then does not want to further increase the stakes? But what happens next?


Immediate Edge: repayment of the money is linked to conditions
Once in, exit is mostly impossible. Rather, the administrators of the investment scammers tie a 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 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" wants a small fee - in advance!


Immediate Edge: scheme of investment fraud?
There is no authorization of the trading platform Immediate Edge. Immediate Edge 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. It is easy to see that Immediate Edge is a scheme of capital investment fraud. All victims of Immediate Edge should be advised to consult an investment fraud attorney immediately.


Immediate Edge: Where do the scammers operate?
Investors are dealing with Immediate Edge investment fraud in Germany, Switzerland and Austria. Immediate Edge's illegal activities are by no means limited to the DACH region. Because Immediate Edge also targets traders in Denmark, Finland, France, Italy, Norway, Poland, Russia, Portugal and Sweden, it is not surprising that those defrauded in these countries also come forward. A look at the list of regulators is advisable before making any financial commitment to reduce the risk of becoming a victim of investment fraud.


Immediate Edge: Claims for damages against banks
Anyone wishing to provide financial services and investment transactions in Germany requires a permit from the German Federal Financial Supervisory Authority (BaFin). Doing, supporting or facilitating such business, even across borders into Germany, is prohibited. Individuals and companies who nevertheless engage in such activities are liable to pay damages to those affected. The investment fraud cases would hardly have been feasible without these banks.


Immediate Edge: Investors want their money back!
The situation is by far more promising than it seems. The aggrieved investors can take legal action against those involved in the investment fraud and demand their invested capital back. As of today, it is rather unlikely that the investment fraudsters of Immediate Edge will be apprehended soon, but there is still reason for hope. Especially because the transactions of the funds ran through accounts that were actually provided by reputable financial institutions. Those responsible apparently failed to check the investors' deposits, some of which were large and therefore subject to controls, and their onward transfer for illegality. Such failures made the investment fraud possible in the first place.


Immediate Edge: They want their money back! How does it work?
Armed with this knowledge, no one would have agreed to invest with Immediate Edge. Now the only option left for those who were defrauded is to seek compensation for the loss. Many investors cannot even imagine that there is any real chance of ever seeing their money back. Presumably all of them are now wondering 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 have a duty 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 what destination did the funds moved by Immediate Edge disappear? Is there any chance that the bounced investors will get back their money invested with Immediate Edge? What actions are mandatory now? An attorney specializing in capital investment fraud will best answer such questions for you.


Immediate Edge: Who can help?
What to do in case of investment fraud? What help with investment fraud can victims of Immediate Edge hope for? Immediate Edge 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 Immediate Edge 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 familiar with the methods of fraudulent brokers, such as Immediate Edge.


Immediate Edge: Follow the money trail!
Such abuses on the grey capital market pursue the Anlegerschutzkanzlei Resch attorneys since more than three decades. The procedure of the Immediate Edge is accordingly nothing really new. Over the years, Resch Rechtsanwälte has developed a sophisticated arsenal of tools 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 investors who have been harmed by Immediate Edge take immediate action.


RESCH Attorneys at Law - Experience in investor protection since 1986
If you have become a victim of Immediate Edge and want to know if and how you can get your money back, call 030 885 9770 or fill out the questionnaire. You will receive a free assessment of your case.