The ostensible online broker KapitalEU sells itself as an impeccable platform for online trading. However, there is ample evidence that there are significant shortcomings at KapitalEU. More and more investors are reporting telephone terror, rip-offs and investment fraud in connection with KapitalEU. Investors have lost all their capital invested with KapitalEU. Doubts are spreading. Meanwhile, many KapitalEU investors are afraid that it is an investment fraud. All KapitalEU investors are asking themselves whether they have become victims of an investment fraud? And what can KapitalEU investors do if the suspicion of investment fraud is substantiated? Will the KapitalEU investors get their money back? Does it make sense to file a criminal complaint against KapitalEU with the police? What help is available in the event of investment fraud?
KapitalEU: Shady promises on the website
What are the unsuspecting traders being served up on Kapitaleu.com? "Trend-setting online trading for EVERYONE. ... We simplify global trading of a wide range of financial instruments with innovative and effective solutions for ambitious investors." This is just a small sample of the untrustworthy promises that interested parties can find on the KapitalEU website. None of these noble promises by KapitalEU have been kept. Unpleasantly, the dubious business practices rather make for disappointed investors and bad experiences!
KapitalEU: Hide-and-seek game with the domain entry!
Remarkable for the business practices of the KapitalEU 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 KapitalEU website, no references to the operators can be found there. The domain was only registered with NameCheap, Inc. on 12.08.2020. The real domain owners are hiding behind the Icelandic anonymisation service Privacy service provided by Withheld for Privacy ehf.
KapitalEU: Who is behind it?
Answering this question will be rather difficult for many investors, as the CapitalEU 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 KapitalEU website there is only scanty information about this. Only in a roundabout way can one find the operating company Capiteus GLobal Ltd. with the business address Suite 305, Griffith Corporate Centre, Beachmont, Box 1510 , Kingstown, St. Vincent and the Grenadines. However, the makers of KapitalEU cannot be found at this address, as it is a well-known address for criminal letterbox companies. In addition, there is the obligatory support e-mail address and three telephone numbers, namely +41275087603 (Switzerland), +43720360531 (Austria) and +34910036541 (Spain).
KapitalEU: The customer acquisition of the investment scammers
The same approach can be found here again and again: In order to attract new investors, the offers of KapitalEU are propagated in all possible media and channels. Often, these are incorrect claims. To increase the effectiveness, they upload videos on Youtube or Vimeo in which interested parties 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". With the same goal, a mostly aggressive affiliate programme is launched to motivate others to intensively promote KapitalEU.
CapitalEU: 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?
CapitalEU: 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!
CapitalEU: Scheme of Investment Fraud?
There is no regulation of the KapitalEU trading platform. KapitalEU lacks the regulation 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. Likewise, there is no authorisation 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 KapitalEU is a scheme of capital investment fraud. All traders harmed by KapitalEU are advised to consult an investment fraud lawyer without delay.
KapitalEU: Where are the investment fraudsters active?
Certainly, investors are dealing with investment fraud at KapitalEU in Germany, Switzerland and Austria. Unfortunately, KapitalEU's illegal activities are not limited to the DACH region. Because KapitalEU also targets investors in Spain, it is only a matter of time before the first defrauded investors from there also come forward. It is advisable to go through the lists of the supervisory authorities before any financial commitment in order to reduce the risk of becoming a victim of investment fraud.
KapitalEU: Claims for damages against banks involved
Anyone wishing to provide financial services and investment transactions in Germany must first obtain a licence from the Federal Financial Supervisory Authority (BaFin). It is prohibited to conduct, support or facilitate such transactions, even across borders into Germany. Persons and companies who nevertheless participate in such transactions are obliged to pay damages to the traders who have suffered losses. The investment fraud cases would probably not have been possible without such banks.
KapitalEU: Investors want their money back!
The situation is far more promising than it appears. The aggrieved investors can take legal action against those involved in the investment fraud and reclaim their invested capital. At present, it is not to be expected that the investment fraudsters will be caught by KapitalEU any time soon, but there is nevertheless reason to hope. Hope because the money flowed through accounts provided by banks that were trying to maintain a good reputation. Those responsible apparently failed to check the investors' deposits, some of which were large and therefore subject to controls, and their onward transfer for legality. These omissions made the investment fraud possible in the first place.
KapitalEU: They want their money back! How does that work?
Equipped with this knowledge, the investors would not have got involved in business with KapitalEU. Now the only option left for the defrauded is to seek redress. Many investors cannot even imagine that there is any 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 that, essential questions must be answered. To what destination have the funds misappropriated by KapitalEU been taken? Is there a chance that the aggrieved investors will get back the money they invested with KapitalEU? What steps are necessary now? Such questions can best be answered by a lawyer specialised in capital investment fraud.
CapitalEU: Who can help?
What to do in case of investment fraud? What help in the case of investment fraud can victims of KapitalEU hope for? The victims of KapitalEU will ideally find the help they need with an experienced investment fraud lawyer. He will be able to take care of your case with KapitalEU 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 also comes into question, because he is also familiar with the methods of fraudulent brokers such as KapitalEU.
CapitalEU: Follow the money trail!
The investor protection law firm Resch Rechtsanwälte has been following these abuses on the non-regulated capital market for more than three decades. In this respect, the approach of KapitalEU is nothing new. Over the years, Resch Rechtsanwälte has developed sustainable equipment for tracking down the evaded sums of money and tracing the money trails. Making money really disappear is becoming more and more complicated in times of the internet. The sooner investors follow the money trail, the greater the likelihood that they will see their invested capital again. What is important now is that those who have been harmed by KapitalEU take action without delay.
RESCH Rechtsanwälte - Experience in investor protection since 1986
If you have been a victim of KapitalEU and want to know if and how you can get your money back, call 030 885 9770 or fill in the questionnaire. You will receive a free assessment of your case.