The apparent online broker Warden VC poses as an impeccable provider for online trading. However, there are numerous indications that there are serious abuses at Warden VC. Reports of telephone terror, rip-offs and investment fraud are piling up from traders about Warden VC. Traders have lost all their money invested with Warden VC. Serious doubts are being raised. Meanwhile, many Warden VC investors feel that it is an investment scam. Warden VC's website is no longer accessible. All Warden VC investors are wondering if they have become victims of an investment scam? And what can Warden VC investors do if the suspicion of investment fraud is substantiated? How do Warden VC traders get their money back? Does it make sense to file a criminal complaint against Warden VC with the police? Where can I get help with investment fraud?
Warden VC: Exaggerated affirmations on the website www.wardenvc.com!
What do the perplexed prospects read on wardenvc.com? "You don't have to be a superhero to catch on to what's hot in the financial markets right now. Cryptocurrencies are taking the markets by storm and changing the way people think about investing. Start getting involved now. CFD trading is the easiest and fastest way to jump on the bandwagon and make the most of the crypto burst." That's just one small snippet of text from the questionable assurances that the curious can find on Warden VC's website. Not a single one of these full-bodied promises by Warden VC has been kept. Unhappily, the shady business practices tend to make for disappointed traders and miserable experiences!
Warden VC: Experiences of other traders
Traders report their experiences with Warden VC on numerous web portals. Unfortunately, nothing good is reported there. The traders apparently all had extremely bad experiences with Warden VC and warn against investing with this provider. What experiences have you had with Warden VC?
Warden VC: Hide and seek domain entry!
Remarkable for the business practices of the Warden VC makers is that the website does not contain any imprint with full details of the legally responsible operators of the website. However, this is a legal obligation for companies that directly address customers in the German market. Consequently, the operators of the website have a legal obligation to provide a summonable address of the owner of the website in the imprint. If these minimum requirements of the Telemedia Act are violated by the operators of a website, this is also a cause for concern. If one looks at the corresponding domain data of the website www.wardenvc.com, one finds that the website was only registered by Hosting Concepts B.V. on 19.01.2021.
Warden VC: Who is behind it?
Many investors will find it rather difficult to answer this question, as the Warden VC perpetrators do everything they can to conceal the true circumstances. This is not unusual, however, as the perpetrators often operate several of these websites with the supposedly same business model and quickly put them online, but also shut them down again just as quickly. In many cases, the top-level domain is also frequently changed, also in order to deceive the financial supervisory and law enforcement authorities. And who is the operator? On the website www. wardenvc.com there is only scanty information about this: "This website is owned and operated by Mainserver Ltd, Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, MH96960, Marshall Islands." The Marshall Islands are well known to financial investigators, as various shell companies still reside here, dabbling in cybertrading. A worldwide search for Warden VC and Mainserver Ltd. in the relevant registers leads to no result and makes it clear that this is a purely imaginary product.
Warden VC: The client acquisition of the investment scammers
The same approach can be found here again and again: In order to attract new clients, Warden VC's recommendations are presented in all conceivable media and channels. For example, advertisements are placed in the social media, such as Facebook. Most of the time, these offers are misinformation. To increase the effect, they upload videos 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 a misleading reference to the TV show "Die Höhle der Löwen". At the same time, an affiliate programme is often started to give others the incentive to intensively promote Warden VC.
Warden VC: 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. 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 assistance can supposedly be provided 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 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?
Warden VC: Repayment of money will be subject to conditions
However, an exit is then usually no longer possible; rather, repayment of the money is linked to further payments. This is where the employees come in, claiming alleged tax debts and commission payments. These would first have to be settled, then the alleged profits would be paid out. For this purpose, tax and commission invoices are sent to the investors, which are often decorated with fake coats of arms and, of course, have to be paid urgently. However, it is never possible to offset them against the supposedly achieved profits. If one refuses to make these further payments, the supposed profits are often turned into losses and the customer is harmed to the maximum. However, this is usually not the end of the horror; investors are often permanently confronted with calls from other dubious providers, which indicates that the investors' contact details are further traded among the investment scammers. In the end, the "saviour" 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 "saviour" also wants a small fee - in advance!
Warden VC: Scheme of Investment Fraud?
There is no legitimisation of the Warden VC trading platform. Warden VC lacks the legitimacy of a recognised European 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 also difficult to overlook the fact that Warden VC is a scheme of capital investment fraud. All traders harmed by Warden VC are advised to consult an investment fraud lawyer immediately.
Warden VC: Where are the fraudsters active?
Unfortunately, Warden VC's illegal activities are not limited to the English-speaking world. Because Warden VC 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.
Warden VC: Investors want their money back!
The constellation is by no means as hopeless as it seems. The victims can take countermeasures and demand the return of their invested capital. As of today, it is not likely that the investment fraudsters of Warden VC will be caught in the near future, but there is nevertheless reason to hope. The reason for this is the fact that the money transactions took place via accounts provided by reputable financial institutions. Their managers undoubtedly failed to check the traders' deposits, some of which were large and therefore subject to controls, and their onward transmission for illegality. These omissions made the investment fraud possible in the first place.
Warden VC: They want their money back! How does that work?
Equipped with this knowledge, no investor would have agreed to invest with Warden VC. Now the only alternative left for the defrauded is to try to recover the misappropriated capital. Many investors cannot even imagine that there is any real chance of ever seeing their money again. Definitely 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 we come in if there is a good chance of success. Important points should be clarified beforehand. To what destination were the funds misappropriated by Warden VC sent? Is there a chance that the aggrieved traders will get back the money they invested with Warden VC? What actions are due now? A lawyer specialising in investment fraud is best placed to answer such questions.
Warden VC: Who can help?
What to do in case of investment fraud? What help can victims of Warden VC hope for in the event of investment fraud? Victims of Warden VC will ideally find the help they need from an experienced investment fraud lawyer. He will be able to take care of your case with Warden VC both in terms of the criminal aspects of the 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 Warden VC.
Warden VC: Follow the money!
Such abuses on the unregulated capital market have been pursued by the internationally active investor protection law firm Resch Rechtsanwälte for over 30 years. In this respect, the methods of Warden VC are nothing really new. Over the years, Resch Rechtsanwälte has developed an extensive range of instruments for tracking down the capital that has been taken away and tracing the money trail. In times of the Internet, it is becoming increasingly difficult to actually make funds disappear. The more swiftly traders follow the money trail, the better their chances of recovering the capital they have invested. What is important now is that the investors harmed by Warden VC act immediately.
RESCH Rechtsanwälte - Experience in investor protection since 1986
If you have been a victim of Warden VC 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.