Scammed By Phoenix Offshore Financial Services?

Don't let online scammers drain your bank account

Fight back and reclaim your funds!

Fill the form and claim a chargeback now

FREE CONSULTATION
Quick Processing
High Success Rate
Home » Investment » Phoenix Offshore Financial Services

Phoenix Offshore Financial Services Review

Table Of Contents

Table Of Contents

Phoenix Offshore Financial Services Logo
🌐 Website pofs.ch
🏠 Company Phoenix Offshore Financial Services
📌 Address Rue de Hollande 11, 1204 Genève, Switzerland
☎️ Phone N/A
📧 Email ibsupport@pofs.ch
⚖️ Regulation  Unregulated, Blacklisted

Phoenix Offshore Financial Services Details

Phoenix Offshore Financial Services is an online investment company owned by Phoenix Offshore Financial Services. The company is located at Rue de Hollande 11, 1204 Genève, Switzerland.

To contact Phoenix Offshore Financial Services, their support team can be reached via phone at N/A or by email at ibsupport@pofs.ch.

Their website can be found at : pofs.ch

It is essential to exercise caution and conduct deep research before engaging with any online trading platform, including Phoenix Offshore Financial Services.

To help you make an educated decision, consider checking out our in-depth reviews of two other companies we have recently examined: SecondRenaissance.com and Suissevest.

Traders Opinion

When it comes to protecting yourself from fraudulent online schemes, the first step is to conduct due diligence on the companies that you plan to invest with. Look for reviews and feedback from other users who have already used the same service, which can be found on various forums and social media platforms.

Reading reviews from other traders who have had firsthand experience with Phoenix Offshore Financial Services is essential in evaluating the reliability. These evaluations offer insightful information about the general experience and customer service, which can assist potential investors in making wise decisions.

Unfortunately, after conducting research on various social media platforms and online trading forums, a general theme emerged where users were dissatisfied with their experience with Phoenix Offshore Financial Services. This user feedback suggests that Phoenix Offshore Financial Services is not a trustworthy company, and extreme caution should be exercised before investing through their brokerage platform.

It is essential to note that there are many brokers operating under fake company names or engaging in other fraudulent operations. Therefore, conducting preliminary research can go a long way in protecting both you and your finances from potential scams.

How To Withdraw From Phoenix Offshore Financial Services?

If your funds are stuck in your Phoenix Offshore Financial Services account, it is advisable to attempt contacting them initially through every possible means and request a withdrawal. This will provide you with evidence to present to authorities later on, should they refuse to process your cashout.

Sadly, Phoenix Offshore Financial Services is not regulated or authorized to operate by any major regulatory authority. As a result, withdrawing from this company might prove to be challenging if they choose to ignore your request or suspend your account for no valid reason.

If an investment company lacks a license from the regulator in your jurisdiction, it basically means that they are unregulated in your country and should be avoided. Therefore, even when a company is regulated, it is still preferable to avoid it if the regulator is located outside your jurisdiction.

Investing time in extensive research before dealing with an online investment website can protect you from potential losses and stress in the future.

Read more about this topic in our dedicated article: Financial Regulatory Authorities.

Is Phoenix Offshore Financial Services Legit or a Scam?

When searching for brokers to conduct your trading activities with, the first and most important step should always be to learn about their certification(s). This will tell you whether they are regulated by a central authority or if Phoenix Offshore Financial Services is an offshore and/or unregulated entity.

When a broker is unregulated or regulated by an entity outside of your jurisdiction, you have limited to no legal recourse in the event that your funds are compromised. In an event of theft, complaints can only be made if that broker is licensed by the regulator in your jurisdiction.

Some examples of regulatory authorities that issue brokerage licenses are:

  • The Cyprus Securities and Exchange Commission (CySEC)
  • The Financial Conduct Authority (FCA)
  • The Australian Securities and Investments Commission (ASIC)

If a broker is not licensed by the regulatory authority in your jurisdiction, that likely means that they are unregulated and should be avoided. Even if the brokerage is regulated, it is best to avoid it if the regulator happens to be outside your jurisdiction.

How Investment Scams Work?

Among the most prevalent investment scams are high-yield profit programs, Ponzi schemes, fraudulent cryptocurrency investment plans, stock and bond scams, bank investment scams, and more.

The most common method used by these companies is to initially display profitable returns that give the investor a false sense of confidence, and hook them to the idea of ‘easy money’. Once this confidence is established, the investor will be marketed the idea of investing more money to earn greater returns. Additionally, other incentives may also be provided to encourage the investor to get their friends and family onboard the platform too.

When the fraudulent company determined that it has acquired all possible funds from an investor, the account may be suspended, rendering the investor incapable of accessing their capital.

A lot of them might pretend to be established in a regulated jurisdiction, and display fabricated regulatory licenses and addresses on their websites in an attempt to improve their credibility.

Exercise caution and corroborate information through different sources. Maintaining continuous vigilance is crucial when dealing with online investment companies.

More info about investment scams:

Got Scammed by Phoenix Offshore Financial Services?

If you have lost money with Phoenix Offshore Financial Services, stay calm. It has likely happened to many others, and it its important to learn from these experiences. Do not forget that even the most cautious investors can fall victim to online fraud.

Chargeback Is Your Solution!

The good news is that there is help available. The team at MyChargeBack – a specialist group dedicated to helping consumers recover funds lost online – can help you for your chargeback process:

  • 24/7 availability: Get help whenever you need it.
  • Free consultation: Evaluate your case without any upfront costs.
  • Quick processing: Expedite the recovery of your funds from Phoenix Offshore Financial Services.
  • High success rate: Boost your chances of successful fund recovery.

Relying on a reputable service like MyChargeBack is crucial when dealing with online scams, as the typical chargeback process can often be complicated and time-consuming without the proper guidance.

5 Simple Steps to Get a Chargeback From Phoenix Offshore Financial Services

Follow our straightforward guide to efficiently reclaim your lost funds from Phoenix Offshore Financial Services with minimal hassle.

  1. Complete the Form: Begin by completing the form above, providing necessary details about your case. This allows the team to understand your situation with Phoenix Offshore Financial Services and prepare for the consultation.

  2. Get A Free Consultation: Schedule a free consultation with MyChargeBack team of experts. During this consultation, they will assess your case and offer guidance on the best course of action to recover your lost funds from Phoenix Offshore Financial Services.

  3. In-Depth Case Analysis: As you proceed with MyChargeBack, their expert team conducts an in-depth analysis of your case, identifying the optimal chargeback strategy for fund recovery based on your unique circumstances.

  4. Recovery Process: Their team of specialists scrutinizes your case, collects evidence, and negotiates with the involved parties to expedite the recovery of your funds. MyChargeBack team will consistently communicate with you and your bank or card issuer during the chargeback process.

  5. Fee Payment: Upon successful recovery of your funds lost to Phoenix Offshore Financial Services, MyChargeBack charges a fee as a percentage of the reclaimed amount. If fund recovery is unsuccessful, no fees apply, except in exceptionally complex cases.

Through these five straightforward steps, MyChargeBack simplifies the fund recovery process, enabling you to reclaim your money from Phoenix Offshore Financial Services with minimal inconvenience.

FAQs

Is Phoenix Offshore Financial Services a Legitimate Company to Trade With?

Unfortunately, Phoenix Offshore Financial Services is not a trustworthy company to deal with, as they are not registered or regulated by any major regulatory authority, such as the Financial Conduct Authority (FCA).

What Are the Risks of Using Phoenix Offshore Financial Services?

The risks involved in using unregulated companies like Phoenix Offshore Financial Services include the inability to file a complaint with a credible regulatory authority in case of a dispute.

What Should I Do If I Have Been Scammed by Phoenix Offshore Financial Services?

First and foremost, report the incident to your local authority department. If no resolution can be reached, there is still hope to recover your funds from Phoenix Offshore Financial Services by attempting to open a chargeback case with your bank or credit card provider.

How Can I Get Help for Filing a Chargeback Case?

Since the process of filing a chargeback case can be relatively complex and time-consuming, we recommend seeking assistance from our partner, MyChargeBack, by completing the form provided on top of the page.

In the event of an exceptionally complex case they may require an upfront fee, as building your case will necessitate initial resources. Otherwise, if successful, MyChargeBack will be compensated by retaining a percentage of the recovered funds from Phoenix Offshore Financial Services, typically around 20%.

How Can I Avoid Being Scammed Online?

To prevent falling victim to scams in the future, always ensure that you deal with legitimate companies that are fully regulated by major regulators, such as the FCA.

Leave a Reply

Your email address will not be published. Required fields are marked *

  1. This story is about a new type of Scam. Scam on Bussiness Loans.
    I have been a victim of a new SCAM scheme in August 2022. And this is my story.
    My name is Artem and I’m 32 years old, a Trader from Ukraine. My business is making money on my personal wealth and money management of my clients’ wealth. It was going pretty well before 2022 and at some point in time, I start to think about investment loans to increase my business, increase my wealth under management.
    Suddenly in begging of August 2022 somebody contacts me on Linkedin and propose a financial relationship. They gave the option to take a business loan from the UAE bank. They call it Investment Loan, a bit of a new abbreviation for me, but who knows what financial sphere could create? We agreed on the conditions and everything was fine, amount of the loan was 10 000 000 USD, with no collateral and an Interest rate of 5% a year. Very nice conditions for me. All looked perfect, except for one small detail, before getting a loan, I need to open SPV company in UAE, with the exact SPV provider which they chose. And it cost 150 000 USD. I will not deep dive into this case, as I decided to not pay this money, as it was too high for this kind of service, without any guarantee that a loan will really happen.
    But it made me think that this kind of investment loan is reals and I need to just find another company, a credit broker which could help me with that.
    So I started to search on the internet and find http://www.clbrokerage.com very, very talented scammers, which I didn’t know at that time!!!
    I contacted http://www.clbrokerage.com and ask for help in taking a loan for my business. They told me sure, we could help. They asked me for some regular documents about business, about myself, and so on, and after a few days wrote that they could connect me with lenders for 10 000 000 USD loan from UK and Switzerland with a 5% Interest Rate. They want only 2% of the loan for the service. Again for me looks very nice.
    They sent me a contract with information about lenders and all terms and conditions, and it seemed very professional, a normal contract, with signatures and everything, in the same time I did a small search on the internet for this website http://www.clbrokerage.com and again, the website was real, exist almost 2 years, no bad reviews.
    After I signed a contract they told me that I need to open a bank account at http://www.pofs.ch This account should be used for loan providing. And again, I did a check, and there were no scam red alerts. Actually, there was no information about both http://www.clbrokerage.com and http://www.pofs.ch and it seemed to me ok.
    These people http://www.pofs.ch positioned themselves as Phenix Offshore Financial Service. And there are a lot of companies with similar names, so I thought it was fine. Also, there was an option to open debit Visa or Mastercard cards on the website. I don’t know if it really possible, but it made me fill that this website is legit. They also asked me to add 50 USD in BTC to activate my account. I added. So I opened an account with 50 USD on it and thought that it all goes fine. Again I sent all documents which they requested as normal bank account opening.
    After I opened an account at http://www.pofs.ch, these guys http://www.clbrokerage.com contacted me and wrote that all is good, we are almost there just need to add 1000 USD to my account to give my lender understanding that I will use this account further. Sounds a bit stupid now, but at that moment I was in the middle of something and didn’t think a lot, so Ok 1000 USD was not that big money, so I added it to my account.
    On the next day, http://www.clbrokerage.com wrote me again, that all is good and I’m one step from the loan, but the lender asked me for some documents from the insurance company or any other company that can prove that I will return the loan, some kind of Colletoral Certificate, and they recommend me to contact http://www.jbcbrokerage.com for it.
    I contacted this new firm http://www.jbcbrokerage.com about the documents and they also played them part perfectly. They wrote that they will give me a Guarantor Certificate for Mezzanine Capital Financing and it will cost only 4000 USD. Again even this part didn’t look to me strange, I know that I need to pay for everything so it’s normal to pay for this kind of service also.
    I wrote ok, and ask for options to pay it. And after they provided me with options, finally, I started to suspect something. They wrote me that I could pay this 4000 USD in two ways:
    First is from any UK copmany to them UK company oficialy.
    And second with transfer money from my http://www.pofs.ch account to them http://www.pofs.ch account.
    I get back to my http://www.pofs.ch account and checked that there is no option to add money there except BTC, and no option to withdraw money from there in BTC only Wire, with some strange fields, no IBAN but only account number.
    I thought ok, it’s risky, and ok I can afford this risk. But I need to ask for at least some documents from http://www.jbcbrokerage.com that they will provide me with this certificate, or at least what to do if the loan will not be provided. And here all the scheme start crashing.
    When I asked about the agreement before payment, http://www.jbcbrokerage.com wrote me that, they are so known and well respected that they do not sign any agreement for this service. Very professional:) Then I wrote I want to pay with the first option from one UK company to another, and I can’t do it without agreement. They wrote if you can’t then pay from http://www.pofs.ch account.
    And for me, it was a big red flag. But ok, could be that http://www.jbcbrokerage.com scammers but not http://www.clbrokerage.com So I wrote to http://www.clbrokerage.com and asked to recommend me some other company which could provide a certificate. The reply was that we have no time and we could use only http://www.jbcbrokerage.com otherwise the loan will not happen.
    I started to ask more questions, and propose other options, but all comes to one thing. Pay in BTC. Which automatically means, no chargeback. So not refundable money.
    In the end, I wrote to all these 3 structures, which actually one big SCAM team, to return my money, but nothing happen.
    Now is September, so one month passed but not http://www.pofs.ch, not http://www.jbcbrokerage.com, not http://www.clbrokerage.com don’t reply to my emails, and my 1050 USD is still there.
    I wrote to reviews and scam alert websites and to http://www.finma.ch which is Switzerland’s financial regulator and http://www.pofs.ch registered there, but nothing happened. So I hope everybody who will read it will save money and never deposit or even contact these SCAMMERS.
    If you need more details about the case or you have more information, or you want to be a part of the group that was scammed and will work to stop it please write to my email artemprokopenkoua@gmail.com
    Thank you and God Bless you