Titanpros - Austria's FMA warns against business dealings
Titanpros pretends to offer investors fantastic opportunities to make fast and safe money by trading contracts for difference (CFD) on cryptocurrencies, forex, commodities, indices and shares at the same time. Everything about Titanpros is investment fraud. The money has gone straight into the pockets of the investment scammers. Not a cent has been invested. Everything the investor sees on his screen is fake. Nothing is traded on titanpros.co. Have you had similar experiences? How do investors get their money back from dubious providers? What can investors do who have been scammed by titanpros? What help is there for investment fraud?
Titanpros: Who is behind it?
Since the Titanpros makers do everything they can to conceal the true circumstances, many investors will certainly find it difficult to answer this question. This is nothing unusual, however, because the fraudsters usually operate several of these websites with the same fraudulent business model. These are continuously produced, quickly put on the net and just as quickly taken offline again. In addition, the top-level domain is often changed in order to evade the financial supervisory authorities and law enforcement agencies. Without success, because on 03.03.2023 the FMA published a warning against Titanpros.
But who operates Titanpros?
Nothing usable can be found on the Titanpros website in this regard. At least the operator of Titanpros (without a legal form!) is given with the address 207 Bishopsgate, Spitalfields, London, EC2M 4QP, under which the makers of Titanpros cannot be found, after all it is a bogus address. In addition, the e-mail address email@example.com and the telephone number +442039877774 can be found there. The domain titanpros.co was registered on 17.11.2022 with NameCheap, Inc.
Titanpros: Scheme of the investment fraud
The investment fraud plays out conspicuously according to the same pattern: investors initially put in a small sum - usually 250 euros - and are impressed by how quickly this amount multiplies, so much so that they are prepared to "invest" ever higher sums. The disputes start immediately when an investor wants his money paid out, because then ostensibly taxes, commissions, fees or anything else have to be paid all at once. Unfortunately, many investors realise much too late that they have fallen for investment fraudsters who never intended to pay out the money again.
Titanpros: What help is there for investment fraud?
Many defrauded investors ask themselves how they should act in the case of investment fraud, because criminal charges hardly make sense, since criminal charges primarily serve the purpose of prosecution and not the recovery of money. What help can be used in investment fraud cases and how do aggrieved investors get their money back? The lawyer specialising in investment fraud must know how to trace the money, because as they used to say, money is never gone, only somewhere else. Today, this can be added to: It is complex, but with the right tools it is possible to track money digitally on a regular basis - even if it was transferred with Bitcoin via a Crypto Exchanger.
RESCH Rechtsanwälte GmbH - Experience in investor protection since 1986
If you have been a victim of Titanpros 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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