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Investment Scams

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December 8, 2020
Sarita Cruz
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investment scams

So many of us are looking for reliable investment firms in order to get a passive income.

However, the one thing that we don’t really consider, is that there is so many investment frauds on the internet. Nowadays you can see a lot of so-called investment websites promising unrealistic daily or monthly returns. Their ads are everywhere on search results and social medias and you should be extremely careful before investing in such companies.

You should make sure that you are getting as much information as possible about the investment firm and that it is regulateds by a reliable authority such as the United Kingdom’s FCA or the Cyprus’ CySEC. This is the only way to be sure that your investment is going to be legit. 

Unregulated investment companies are dangerous

You might think that this is a great profit opportunity to invest in an unregulated investment firm after seeing huge returns advertised. However, there are a couple of things that you should know about these investments scheme.

Unregulated means that there isn’t any regulation authority that is checking the investment for irregularities and fraudulent practices. Meaning that the investors can scam you without you even knowing about it. Moreover, recovering your funds are going to be even harder. There is a good reason why you should only invest in a regulated investment firm. Of course return rates are going to be lower, but at least realistic.

These scams are done for years

If you think that this is a new thing, then you should think again. If you are looking at the history of investments, you will see that investment fraud is going way back. Fraudsters saw the chance of investment scams for the year. Even before there was internet access.

Now, you can do research about the investment to see if this is a regulated firm and if this is something that you can invest in or not. Especially when it comes to basically giving your hard earned money to some online strangers websites to manage it.

Investing in other countries is a risk

It is important to know that investing in other countries, then the country that you are living in can be a huge risk. And, not just because you might not see a profit from your investment. Getting your money back after beeing scammed from a fraudulent firm can be hard to even impossible.

There are normally enough regulated investment firms with opportunities in your own country that you can invest in. Don’t just invest in another country, because the opportunity sounds great.

If you have been scammed with an unregulated investment

You might have already been scammed by an unregulated investment company. People that fall for investment frauds don’t always consider the fact that they can get assistance for the fraud. They think that people will laugh at them for falling for the oldest trick in the book like an online ponzi scam or any other high yeld fraud.

But, this doesn’t mean that you should just ignore it, and try to go on with your life. This is not something you are going to forget over night and it may affect you in a lot of ways. The good news is that with the technology that we have today, it is a lot easier to get assistance after falling for this type of scams.

Is going to the police will get your money back?

If you already are a victim of an investment fraud, you should report them immediately to your local police. It is important that they know about these scams and tries to find the sources. However, are you going to get your money back, by reporting it to the police?

No, the chance that you are going to get your money back from the police is almost 0. They might catch the individual behind the scam, but they will not be able to recover all the money. 

Is it possible to get the right assistance that will refund your money back?

This is the good news. It is actually possible for malicious investments victims to get their money back after they have been scammed. The secret is that you should just know where to find the right assistance for this type of scam.

Unfortunately, disputes involving authorized transactions are really hard to handle and require a lot of technical knowledge which means you will need the help of lawyers and experts in the field.

This is where MyChargeback is coming in the picture. Our long time partner is an expert in complex transaction disputes and has already recovered millions of dollars for scam investments victims. All you need to do is fill our form for a free consultation and they will build a customized chargeback case for you.

But what is a chargeback?

A chargeback is the reversal of a transaction made by credit/debit card or wire transfer.

When you have been scammed and you have paid money to them with your credit or debit card, or with a direct bank deposit, you can actually get your money back if you know how regulations and financial laws are working and you build a strong chargeback case. This is why we recommend MyChargeback’s experts to help you build such a case.

Investment scams are unfortunately still a reality so you should be aware of it. And if you have already fallen for one of these frauds, don’t worry, we are here to help you.

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4 comments on “Investment Scams”

  1. I gave about 30 thousand dollars to the Oak Hill company for investment and I deposited this amount to the company in several stages, but now this company does not return my money and says that you have to pay another 3 thousand dollars for taxes, which means that I have been scammed. M.

  2. Dear Ladies and Gentlemen,
    I have a question. Do you publish in your warning list only scam companies published by regulators or also companies reported by investors?
    Against this company, which I would like to report for your warning list, we have already filed two criminal charges with the public prosecutor’s office in Germany, therefore we do not want to use any activities of lawyers or charge back companies at the moment.
    Thank you in advance for your reply and wish you all the best.
    Best regards

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