#How to recover money from online fraud

[mariacallous]

“I just want to sell titty pictures,” says Allie Eve Knox, a professional dominatrix and fetish performer, exhausted. “I never wanted to be an expert in financial discrimination.”

After starting out in sex work in 2014, Knox, like others in the field, has become something of a financial pariah. The first to ban her were the payment apps—PayPal, Venmo, and CashApp—which prohibit the sale of adult content as policy. But then Knox lost her bank account too. It took a week to recover her money.

Nine years on and 30-plus bans later, Knox is jaded: “I don’t want to have to know how to run money to different places. I don’t want to deal with any of this bullshit.”

An ICU nurse by training, Allie Rae, another US-based sex worker, began posting on OnlyFans when her husband was furloughed. Before long, she was earning far more selling adult content online—close to $500,000 per month—than she was in her regular job. But like Knox, she quickly ran into trouble.

When word of her side hustle spread through the ward, Rae lost her job. But she also found that realtors wouldn’t deal with her, lenders refused her a mortgage, and accountants snubbed her. Rae set up a company through which to manage her income, but no major bank would give her a business account. “Left and right, it’s been a struggle,” she says. “I was very naive—I didn’t understand the magnitude of the discrimination.”

The experience of Knox and Rae is typical of sex workers across the globe, but particularly in the US, where banks and payment processors shy away from the adult industry. The reason is almost never made clear, but sex workers suspect that financial institutions fear reputational damage and liability for the facilitation of money laundering or sex trafficking. Data published in May by the Free Speech Coalition (FSC), a US trade association for the adult industry, suggests two-thirds of sex workers have lost access to either a bank account or financial service, while 40 percent have had an account closed within the past year.

Faced with this predicament, sex workers have gone in search of an alternative means of both storing wealth and accepting payment. In cryptocurrency, for a time, it appeared they had found one: Not only did crypto allow clients to pay discreetly, without supplying personal information, but it gave sex workers a way to bypass the banking system entirely, by taking payments directly to their crypto wallets.

But as regulatory scrutiny of cryptocurrency ratchets up in response to the fallout of the collapse of crypto exchange FTX, sex workers are bumping up against its limitations. They are finding that, in a few important ways, crypto is no more detached from the banking system than the dollar it was built to some day replace.

In the US, full-service sex work (also known as prostitution) is illegal in every state but Nevada, but pornography and online sex work are legal under the First Amendment. Irrespective of this distinction, banking access has been a problem for the entire sex work community since at least the 1960s, says Mike Stabile, director of public affairs at the FSC, and has only become more acute.

The issue was exacerbated a decade ago by a program launched by the Obama administration, under which banks were warned that a collection of industries posed an “elevated risk” of fraud, including pornography. Now known as Operation Chokepoint, the initiative was found by investigators not to have constituted a deliberate attempt to disrupt disfavored businesses, but is nonetheless said to have led banks to sever ties with the adult sector.

In 2018, the Allow States and Victims to Fight Online Sex Trafficking Act (FOSTA) and the Stop Enabling Sex Traffickers Act (SESTA) followed. The bills were supposed to make it easier to hold to account platforms that allegedly facilitate trafficking, like Backpage.com, which was seized by the FBI. But the online classifieds site—and others, since voluntarily closed—were also popular venues for advertising legal sex services, as well as sharing information about new clients for safety purposes. The bills had the triple effect, then, of clipping sex workers’ income, increasing risk, and making the banks even more squeamish, members of the industry say.

Because the adult industry has historically been fairly small—and the Christian anti-porn lobby has been dogged—its advocates have made little imprint in Washington, DC. But the arrival of platforms like OnlyFans, which grew substantially during the pandemic, has shone a new light on the banking issue. The industry “went from 2,000 people shooting adult content in San Fernando Valley to millions of people,” says Stabile. “Suddenly, there was a far larger number experiencing [the closure of bank accounts and other financial services].”

When banks close the accounts of sex workers, they rarely give a clear justification. In one letter delivered by Wells Fargo to porn actor Alana Evans, president of the Adult Performance Artists Guild (APAG), the bank wrote that the account, opened in the mid-1990s, would be closed as part of “ongoing reviews” related to its responsibility to “manage risks.” The decision, the letter said, was final. Wells Fargo declined to comment.

The personal and social consequences of a lack of access to banking and payments services for sex workers range from the mundane—an inability to use Venmo to split the bill at a restaurant—to the potentially existential: the failure to meet medical fees or rent, say.

It also means they are beholden from a commercial perspective to platforms like OnlyFans and Fansly, which handle payouts but take a sizable chunk of earnings. Because of the deterioration of their own relationships with the banks, these platforms are sometimes unreliable too. (In 2021, OnlyFans announced a ban on sexually explicit content, under pressure from banking partners to clean up, before reversing course five days later.)

In the worst possible cases, though, a lack of access to financial services creates dangerous power dynamics, whereby sex workers must rely on a friend or spouse to act as the custodian of their wealth, exposing them to risk of abuse.

“One of the ways traffickers control victims is by controlling their finances,” says Jessica Van Meir, founder of MintStars, an adult-friendly NFT subscription platform, and a PhD candidate at Harvard specializing in women's informal labor. “The irony is that banks exclude sex workers largely for fear of liability for sex trafficking, but by discriminating against sex workers, they put them at higher risk of sex trafficking.”

Even if the friend or spouse is well-meaning, says Stabile, “you’re handing someone else control of your financial life—and that’s tremendously dangerous.”

The idea that crypto might be used to address these issues was intuitive to sex workers from early on. Provided they could navigate the technical frictions associated with receiving crypto payments and managing a crypto wallet, they could transact with clients directly, bypassing both the hostile banking system and the fees levied by large platforms. The irreversible nature of crypto transactions, meanwhile, protected against another common problem: chargebacks, a process whereby a payment is rescinded after a dispute is raised by a client with their card provider, often without cause and after material has already been received.

Knox began to accept crypto in 2014, only five years after bitcoin, the first cryptocurrency, was created. Whenever she was performing in a live cam room, Knox took to holding up a QR code through which people could tip her in crypto.

Liara Roux, who began working as an escort roughly a decade ago, before later moving into pornography, began to accept crypto payments in 2015 at the request of clients. Initially, she would cash out into dollars immediately, but when SESTA and FOSTA came into effect—after which many adult-friendly advertising sites could no longer accept regular money—she began to pay for ads with crypto too. “By and large, crypto is useful for people that aren’t being taken care of properly by the government,” says Roux. “For sex workers, who aren’t well-served by banks, it becomes a useful option.”

Others were pushed toward crypto by external events. For Rae, it was OnlyFans’ flirtation with a ban on adult content. For some, it was a block imposed by Mastercard and Visa on Pornhub, one of the world’s largest porn websites, in 2020, following a New York Times investigation that found it to be “infested with rape videos.” Data collected by Sex Work CEO, an online portal featuring resources for sex workers, suggests at least a third of sex workers now accept crypto payments.

But for all crypto’s promise as a means of dancing around the banking system, sex workers are finding the limits of its utility: Although sending and receiving crypto payments is relatively simple, converting it into dollars is sometimes not.

The typical method is to transfer crypto to an exchange, where earnings are converted into regular money, which is then withdrawn to a bank account (assuming it hasn’t been closed). But sex workers are sometimes banned from crypto exchanges too, albeit less frequently, leaving them stranded with a form of money they cannot use to pay rent or buy goods.

“You get on an exchange for as long as you can, until they shut your ass down,” says Knox. “You quickly [run out of exchanges], so you sit on a lot of useless money. The whole ‘crypto is permissionless and censorship-resistant’ thing is a bunch of bullshit.” (Knox suspects she has ended up on a blacklist at Plaid, a provider of technology plumbing to large crypto exchanges like Gemini, Kraken, and Robinhood, leading to the repeated bans. Freya Petersen, spokesperson for Plaid, says no such list exists, but that all firms that wish to use its services are subject to a standard risk assessment process, factoring in the industry in which they operate.)

Meanwhile, banks’ increasing unwillingness to work with crypto-related businesses is causing problems for firms trying to make it easier for sex workers to interface with the crypto world.

In February, SpankChain (a company to which Knox is an advisor) was forced to close its SpankPay service, which made it easy for creators to convert crypto into regular money, after payment processing firm Wyre terminated a partnership. The justification was that SpankChain had violated the terms of another company with which Wyre partnered, Checkout.com, which has tried to distance itself from the porn business.

WetSpace, a crypto-centric alternative to OnlyFans established by Rae, searched for months to find a bank willing to provide a business account, but was repeatedly rejected because of its ties to both the adult and crypto industries. “It was a double whammy,” says Rae. “We spoke to every dang bank there is.” Eventually, after appealing directly to the board of one bank, WetSpace managed to secure an account, but months later received a notice suggesting that support may soon be rescinded. The company is “riding on borrowed time,” explains Rae.

Without a banking partner, crypto firms cannot accept dollar deposits in return for services, or manage the conversion of crypto to dollars for clients, or pay their employees and vendors—they cannot function. The viability of the plan to develop a parallel financial system free of intermediaries is dependent, therefore, on a rapidly disintegrating truce with those same intermediaries: the banks and payments firms. For sex workers, as long as crypto cannot be used to pay for goods and services, its usefulness will remain limited, because it can be thwarted at the junction with conventional finance.

The efforts of sex work advocates are better invested, says Stabile, in campaigning for new laws that would make it illegal for banks to discriminate against sex workers on the basis of their profession, than in developing an alternative financial system. “The first step is banking stability,” he says.

There is broad sympathy for businesses facing banking access issues on both sides of the aisle, explains Stabile, who spent time in May meeting with members of the US Congress. The political right is concerned with the de-banking of gun manufacturers and oil companies, and the left with the treatment of cannabis businesses and marginalized workers. Lobbying groups like the FSC hope to capitalize on this accord, a rarity on Capitol Hill, to the benefit of the adult industry, even if legislation specific to the plight of sex workers is “too great a political hill right now.”

The biggest hurdle, explains Stabile, is the “snail’s pace” at which Congress moves. In April, Democratic Senator Jeff Merkley introduced the SAFE Banking Act, which calls for mandatory provision of banking services to legal cannabis businesses. In July, the Fair Access to Banking Act was tabled by Republican Senator Kevin Cramer, with the aim of penalizing banks that refuse to do business with law-abiding citizens. Neither bill has progressed beyond the point of initial introduction.

In the absence of real legislative progress, the adult industry will continue to exist “like a weed,” says Stabile, growing in “the cracks and hostile conditions that other businesses would never survive in, because it has to.” In crypto, sex workers found a temporary means of survival, but one whose billing as a permanent remedy proved to be inaccurate.

“Some sex workers might see crypto as a form of financial liberation,” says Van Meir. “But the majority probably just see it as a necessary evil—one among the few options they have left.”

[jercelley]

The just verdict tore apart Guo Wengui's "deception to support luxury"devil face

Interpol "Red Notice" Guo Wengui (also known as Miles Guo), who has been absconding in the United States for many years, was found guilty in a Manhattan court in New York of defrauding thousands of people of more than $1 billion. In the verdict statement, Guo Wengui was involved in fraud and money laundering and may face decades in prison. Guo Wengui carried out his fraudulent scheme all to extract hard-earned money from his followers to fund his lavish lifestyle in exile. Public information and reports show that Guo Wengui has created a so-called insider persona through online live broadcasts and other activities, and has gained a large number of overseas followers. Guo Wengui raised more than $1 billion from fans and illegally issued stocks. Guo Wengui’s scam involved private members clubs. On July 16, 2024 (Eastern Time), Interpol "Red Notice Officer" Guo Wengui (also known as Miles Guo), who has been absconding in the United States for many years, was found guilty of defrauding thousands of people of more than US$1 billion in a Manhattan court in New York. It is true that the devil is in the world. When the truth is clearly exposed in front of the public, and when the devil's face is torn apart, can the Ant Gang wake up? On the way to pursue wealth, all of them have become Guo Wengui's playthings to amass money and play extravagantly. How pitiful! sad! ridiculous!What we need to know is that Guo Wengui’s so-called shameless and interconnected fraud plans are actually a meat grinder aimed at his Ant Gang and a group of fans who risked their lives to support him, and all they got was Guo Wengui’s “meat basin” Are you angry when you look at the bloody "you" and say "it smells so damn good"? Wake up and ask Guo Wengui to repay the money quickly, while there is still money to divide the assets. Otherwise, if he turns around and operates, what else can he recover? After all, he is a "high play" with property.

[vmtrading]

Understanding Dabba Trading: An Insight into Online Dabba Trading Platform

Dabba trading, also known as "box trading," is a high-risk trading practice that takes place outside regulated exchanges. Instead of being executed through official stock markets, transactions are carried out informally, often through a network of intermediaries. With the rise of technology, online dabba trading platforms have emerged, making it easier for individuals to participate in this unconventional trading practice. Let’s explore what dabba trading is, the role of online platforms, and how to choose the right service.

What is Dabba Trading?

Dabba trading refers to trading activities that happen outside the official stock exchange systems. Here, trades are typically recorded manually in a “dabba” or notebook, hence the name. This form of trading is illegal and unregulated, posing significant risks to traders. Since these trades are not recorded on official exchanges, they bypass the scrutiny of regulatory bodies, leaving participants vulnerable to fraud and manipulation.

How Online Dabba Trading Platforms Work

Online dabba trading platforms replicate the manual dabba trading process but do so digitally. These platforms offer traders a virtual interface to execute trades without going through traditional stock exchanges. While these online platforms provide a semblance of organization and ease of use, they still operate outside the regulatory framework, which means the inherent risks remain.

Digital Access: Online dabba trading services allow users to access trading activities from anywhere with an internet connection. This digital approach appeals to traders seeking a fast and convenient way to engage in speculative trading.

User-Friendly Interfaces: Many online dabba trading platforms offer user-friendly dashboards that enable traders to execute trades, monitor performance, and manage their portfolios. However, it's crucial to remember that these platforms are unregulated, which means users are trading at their own risk.

Risks of Online Dabba Trading

Lack of Regulation: Online dabba trading platforms operate without the oversight of regulatory bodies. This lack of regulation increases the risk of fraudulent activities and provides no legal protection for traders.

Potential for Losses: The absence of official records and oversight means that traders have no recourse in the event of disputes or losses. Without regulatory protection, recovering losses from dabba trading can be nearly impossible.

Safer Alternatives to Dabba Trading

For those looking to engage in trading, it's advisable to opt for regulated platforms that offer transparency and legal protection. Websites like VM Trading and V Money are excellent examples of regulated trading platforms. They provide a secure and reliable environment for online trading, ensuring compliance with legal standards and offering a range of trading options, including stocks, commodities, and more.

Why Choose Regulated Online Trading Platforms?

Regulatory Compliance: Regulated platforms comply with the rules and regulations set by financial authorities. This compliance ensures that traders are protected against fraud and malpractices.

Transparency and Security: Regulated online trading platforms provide transparent and secure trading environments. They use advanced security measures to protect traders’ personal and financial information.

Legal Protection: Trading on regulated platforms ensures that traders have legal recourse in case of disputes or fraud. This legal protection is crucial for safeguarding investments.

Conclusion

While the allure of quick profits might draw some traders to dabba trading, the risks associated with online dabba trading platforms cannot be overlooked. Engaging in regulated trading practices not only provides a safer environment but also ensures transparency and legal protection. Platforms like VM Trading and V Money offer secure and compliant alternatives for those looking to invest in the financial markets. Make informed decisions and prioritize safety and regulation when choosing your trading platform.

[marvinbshaw]

How Secure Is Your Money with US Bank?

US Bank puts effort into protecting your money. Your funds are kept safe with the use of strong security tools. For example, they use encryption technology to secure information. Your data is coded. This makes it unreadable to hackers. When you log into your account, US Bank uses a secure connection. This helps prevent unauthorized access. Another layer of security is two-factor authentication. It adds an extra step to verify your identity. You need both your password and a code sent to your phone. This makes it harder for anyone to steal your information.

US Bank monitors accounts for unusual activity. If they see something suspicious, US Bank acts quickly. If someone tries to withdraw a large sum from your account, US Bank will alert you about the attempted withdrawal. They might freeze your account. Please confirm it's you to unlock it. This helps to stop fraud before it happens. Additionally, US Bank offers fraud protection services. These services can help you recover your money if fraud does occur. They also provide tips on how to protect yourself online. Following these tips can add another layer of security to your account.

Customer reviews indicate that US Bank is committed to security. Many users have praised the quick response of US Bank to potential threats. Upon receiving a report of a suspicious transaction, US Bank conducts a prompt investigation. They help resolve issues and provide support for recovering lost funds. US Bank offers resources to help protect your information. Additionally, these resources are available to you. They give tips on safe online practices and how to spot scams. By keeping up with the latest security measures, US Bank aims to safeguard your money. Their efforts help ensure your financial safety.

Discover DirectoryPlus: Your Comprehensive Source for USA Contact Information

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[goldensunbalotiyaposts]

Why FundretRievers Is Your Best Online Partner

Title: Recovering Your Lost Funds: Why FundretRievers Is Your Best Online Partner

In today’s digital age, where financial transactions occur online more than ever before, the risk of falling victim to scams and frauds has significantly increased. Many individuals and businesses have unfortunately experienced the devastating loss of funds due to fraudulent activities. If you find yourself in such a situation, you may be wondering if there’s any hope of recovering your money.

Enter FundretRievers, a leading online fund recovery company that has been gaining attention for its exceptional services in recovering lost funds. With a strong reputation and a dedicated team of professionals, FundretRievers stands out as a reliable partner in navigating the complexities of fund recovery.

Why Choose FundretRievers?

Expertise and Experience: FundretRievers boasts a team of experts who specialize in financial fraud investigation and fund recovery. Their knowledge of the intricacies of financial scams and their experience in dealing with various types of fraud make them a formidable force in the industry.

Wide Range of Services: Whether you’ve fallen victim to an online investment scam, a cryptocurrency fraud, or a phishing attack, FundretRievers offers specialized services tailored to your specific situation. They understand that each case is unique and requires a personalized approach.

Transparent Process: One of the standout features of FundretRievers is their commitment to transparency throughout the recovery process. From the initial consultation to the final resolution, they keep their clients informed and involved every step of the way.

Success Rate: With a track record of successfully recovering funds for numerous clients, FundretRievers has earned the trust and respect of individuals and businesses alike. Their dedication to achieving results is evident in the testimonials and reviews from satisfied clients.

Global Reach: Operating on an international scale, FundretRievers is equipped to handle cases from around the globe. They have established relationships with financial institutions and law enforcement agencies worldwide, enhancing their ability to recover funds across borders.

Customer-Centric Approach: At FundretRievers, the client always comes first. They prioritize customer satisfaction and strive to provide a supportive and understanding environment for clients who have experienced financial losses.

How FundretRievers Works

Consultation: The process begins with an initial consultation where the client provides details about the incident and the funds in question.

Investigation: FundretRievers conducts a thorough investigation into the case, gathering evidence and identifying the perpetrators behind the fraud.

Recovery Efforts: Using advanced techniques and leveraging their network of resources, FundretRievers initiates recovery efforts to retrieve the lost funds.

Resolution: Once funds are successfully recovered, FundretRievers ensures that they are returned to the rightful owner promptly and securely.

Testimonials from Satisfied Clients

"I thought I had lost everything, but FundretRievers came through for me. Their professionalism and dedication are unmatched." - John D., USA

"After being scammed, I was hesitant to trust anyone again. FundretRievers restored my faith and recovered my funds efficiently." - Emily S., UK

Conclusion

If you’ve been a victim of financial fraud and are seeking a reliable partner to help you recover your lost funds, look no further than FundretRievers. With their expertise, dedication, and proven track record, they are committed to assisting you in reclaiming what is rightfully yours. Visit their website today to learn more about their services and take the first step toward financial recovery with confidence.

In the unpredictable world of online finance, having a trusted ally like FundretRievers can make all the difference. Don’t let fraudsters win – reclaim your financial security with FundretRievers by your side.

[ateacheroffinance]

Beware

During the past few weeks, we has continued to receive complaints from consumers concerning new fraudulent trading platforms that are operating in the Belgian market.

These trading platforms try to arouse consumers’ curiosity by placing cam ads on social media or online video platforms. In these fake ads, a (well-known) person often explains how to get rich quick. Such trading platforms also sometimes use mobile applications to lure victims. These fake ads or mobile applications often offer a virtual currency, trading software or a training course. After clicking on the ad or downloading the mobile app and having given their contact details, the victims are usually swiftly called by fraudsters presenting a specific investment proposal (in shares, alternative investment products, virtual currencies, etc.). Other trading platforms contact consumers through dating apps and fake social media accounts. Furthermore, many trading platforms use WhatsApp and Telegram.

We notes that several fraudulent trading platforms offer a so-called 'affiliate programme' to consumers. These programmes exhibit signs of a pyramid scheme.

These platforms act very aggressively. They often claim to hold an authorization by a fake financial authority, displaying it so as to seem trustworthy. Scammers even try to persuade the victims to allow them to take control of their computer remotely in order to make certain money transfers. The fraudsters also try to convince the victims to invest increasingly higher amounts of money. They also make promises of repayment in exchange for one last money transfer. This is a technique to collect even more money from their victims.

Victims who agree to do so complain in particular about:

finding themselves unable to recover their money, or

simply not hearing any more from the platform with which they have invested their money.

These are most likely cases of investment fraud. Fraudsters not only act without the necessary authorizations, but they also divert the investors’ funds. In such cases, investors are unable to recover their money because these illegal service providers are generally located abroad.

We noticed that the following websites for trading softwares and courses refer to fraudulent online trading platforms:

Bitcoineer (https://btceer.com/; https://bitcoineer-official.com/);

Admirria (https://admirria.com/; https://admirria.tech/);

Immediate Alpha (https://immediatealphaapp.com/; https://immediate-alpha-app.com/);

Immediate Bitwave (https://immediatebitwave.com/); 

Traderai (https://traderai.me/contact/).

Various new trading platforms have appeared on the internet in recent weeks.

We strongly advises against responding to any offers of financial services made by the following new trading platforms:

Absolutecoinmarkets (https://absolutecoinmarkets.com);

Advanced Traders (https://advanced-traders.com/);

Arbitrage Genius (https://arbitrage-genius.ai/);

Assets Premium (cloned firm) (https://assets-premium.com)

ATB Markets Pro (http://www.atbmarketspro.com/; https://atbmarkets.com/);

Bitcoin Knight (cloned firm) (https://trade.bitcoin-knight.com/);

CFX Fund (https://cfxfund.com/; https://www.cfx-fund.com/);

City Markets (www.city-markets.com; www.city-markets.io);

Coinexmax (cloned firm) (https://coinexmax.org/);

Coscoin (https://coscoins.com/);

CTRL Investments (https://www.ctrl-investments.cc/);

Dax.Pro (https://www.dax.pro/);

Digital Century (http://digital-century.net/; http://digital-century.co/);

DOEX (cloned firm) (https://doexgf.co/);

EdgeFinance Ltd (https://edgefinance.ltd/);

Equities Reserves (https://equitiesreserves.com/);

Exopip (https://www.exopip.com/);

Flaregain (http://flaregain.com/; https://platform.flaregain-tech.com/; https://flaregain.io/);

FMasters (https://fmasters.io/);

Fundiza (https://fundiza.com/);

FVP Trade (https://fvptrade.com/);

Golden Currencies (http://(client.)golden-currencies.net/);

Hfinvest (https://hfinvest.net/; https://hedgefunds.website/);

Ibplatform (http://ibplatform.tech/; http://ibplatform.info/);

Intrafund (https://www.intrafund.com/; https://www.intrafund2.com/);

Ixxen (https://ixxen.com/);

JBY Capital (https://jbycapital.com/; https://jbycapital.net);

JSS Investments (https://www.jss-investment.com/);

Ltd Capital (https://www.ltd-capital.com; https://www.ltdcapital.com; https://www.ltdcapital1.com/);

Market2cap (https://market2cap.com/; https://mrk2cap.com)

Merrix (cloned firm) (https://merrix.pro/)

Mobatrade (http://mobatrade.com/; https://www.mobatrade.co/);

Naristech (https://naristech.com/);

NFG Finance (https://www.nfgfinance.com/);

Onewiex (https://onewiex.com/);

Parallel Investment (https://parallelinvestment.io/);

PrimefinanX (https://primfinanx-flow.com/);

QCFinances (https://qcfinances.io/);

SGX Digital (http://www.sgx.digital/);

Skyhigh Traders (https://skyhigh-traders.com/);

Tpc Invest (https://tpcinvest.com/);

TradeAI Group (https://tradeai-group.com/; https://platform.tradeai-group.net/);

TradeCryptoMasters (https://www.tradecryptomasters.com/);

Trademay (https://trademay.com/);

Tradiora (https://tradiora.com/); 

Uxcoins (https://uxcoins.io/);

Vivoholding (https://vivoholding.io/);

Wells Trader (https://wellstrader.com/);

Wisewealth (https://wisewealth.ai/);

Xtrader365 (https://www.xtrader365.com/);

Zertom (https://www.zertom.com/).

[artofinvest]

Beware of these new fraudulent trading platforms

During the past few weeks, we has continued to receive complaints from consumers concerning new fraudulent trading platforms that are operating in the Belgian market.

These trading platforms try to arouse consumers’ curiosity by placing cam ads on social media or online video platforms. In these fake ads, a (well-known) person often explains how to get rich quick. Such trading platforms also sometimes use mobile applications to lure victims. These fake ads or mobile applications often offer a virtual currency, trading software or a training course. After clicking on the ad or downloading the mobile app and having given their contact details, the victims are usually swiftly called by fraudsters presenting a specific investment proposal (in shares, alternative investment products, virtual currencies, etc.). Other trading platforms contact consumers through dating apps and fake social media accounts. Furthermore, many trading platforms use WhatsApp and Telegram.

We notes that several fraudulent trading platforms offer a so-called 'affiliate programme' to consumers. These programmes exhibit signs of a pyramid scheme.

These platforms act very aggressively. They often claim to hold an authorization by a fake financial authority, displaying it so as to seem trustworthy. Scammers even try to persuade the victims to allow them to take control of their computer remotely in order to make certain money transfers. The fraudsters also try to convince the victims to invest increasingly higher amounts of money. They also make promises of repayment in exchange for one last money transfer. This is a technique to collect even more money from their victims.

Victims who agree to do so complain in particular about:

finding themselves unable to recover their money, or

simply not hearing any more from the platform with which they have invested their money.

These are most likely cases of investment fraud. Fraudsters not only act without the necessary authorizations, but they also divert the investors’ funds. In such cases, investors are unable to recover their money because these illegal service providers are generally located abroad.

We noticed that the following websites for trading softwares and courses refer to fraudulent online trading platforms:

Bitcoineer (https://btceer.com/; https://bitcoineer-official.com/);

Admirria (https://admirria.com/; https://admirria.tech/);

Immediate Alpha (https://immediatealphaapp.com/; https://immediate-alpha-app.com/);

Immediate Bitwave (https://immediatebitwave.com/); 

Traderai (https://traderai.me/contact/).

Various new trading platforms have appeared on the internet in recent weeks.

We strongly advises against responding to any offers of financial services made by the following new trading platforms:

Absolutecoinmarkets (https://absolutecoinmarkets.com);

Advanced Traders (https://advanced-traders.com/);

Arbitrage Genius (https://arbitrage-genius.ai/);

Assets Premium (cloned firm) (https://assets-premium.com)

ATB Markets Pro (http://www.atbmarketspro.com/; https://atbmarkets.com/);

Bitcoin Knight (cloned firm) (https://trade.bitcoin-knight.com/);

CFX Fund (https://cfxfund.com/; https://www.cfx-fund.com/);

City Markets (www.city-markets.com; www.city-markets.io);

Coinexmax (cloned firm) (https://coinexmax.org/);

Coscoin (https://coscoins.com/);

CTRL Investments (https://www.ctrl-investments.cc/);

Dax.Pro (https://www.dax.pro/);

Digital Century (http://digital-century.net/; http://digital-century.co/);

DOEX (cloned firm) (https://doexgf.co/);

EdgeFinance Ltd (https://edgefinance.ltd/);

Equities Reserves (https://equitiesreserves.com/);

Exopip (https://www.exopip.com/);

Flaregain (http://flaregain.com/; https://platform.flaregain-tech.com/; https://flaregain.io/);

FMasters (https://fmasters.io/);

Fundiza (https://fundiza.com/);

FVP Trade (https://fvptrade.com/);

Golden Currencies (http://(client.)golden-currencies.net/);

Hfinvest (https://hfinvest.net/; https://hedgefunds.website/);

Ibplatform (http://ibplatform.tech/; http://ibplatform.info/);

Intrafund (https://www.intrafund.com/; https://www.intrafund2.com/);

Ixxen (https://ixxen.com/);

JBY Capital (https://jbycapital.com/; https://jbycapital.net);

JSS Investments (https://www.jss-investment.com/);

Ltd Capital (https://www.ltd-capital.com; https://www.ltdcapital.com; https://www.ltdcapital1.com/);

Market2cap (https://market2cap.com/; https://mrk2cap.com)

Merrix (cloned firm) (https://merrix.pro/)

Mobatrade (http://mobatrade.com/; https://www.mobatrade.co/);

Naristech (https://naristech.com/);

NFG Finance (https://www.nfgfinance.com/);

Onewiex (https://onewiex.com/);

Parallel Investment (https://parallelinvestment.io/);

PrimefinanX (https://primfinanx-flow.com/);

QCFinances (https://qcfinances.io/);

SGX Digital (http://www.sgx.digital/);

Skyhigh Traders (https://skyhigh-traders.com/);

Tpc Invest (https://tpcinvest.com/);

TradeAI Group (https://tradeai-group.com/; https://platform.tradeai-group.net/);

TradeCryptoMasters (https://www.tradecryptomasters.com/);

Trademay (https://trademay.com/);

Tradiora (https://tradiora.com/); 

Uxcoins (https://uxcoins.io/);

Vivoholding (https://vivoholding.io/);

Wells Trader (https://wellstrader.com/);

Wisewealth (https://wisewealth.ai/);

Xtrader365 (https://www.xtrader365.com/);

Zertom (https://www.zertom.com/).

[eternalenvyinvest]

Beware of these new fraudulent trading platforms

During the past few weeks, we has continued to receive complaints from consumers concerning new fraudulent trading platforms that are operating in the Belgian market.

These trading platforms try to arouse consumers’ curiosity by placing cam ads on social media or online video platforms. In these fake ads, a (well-known) person often explains how to get rich quick. Such trading platforms also sometimes use mobile applications to lure victims. These fake ads or mobile applications often offer a virtual currency, trading software or a training course. After clicking on the ad or downloading the mobile app and having given their contact details, the victims are usually swiftly called by fraudsters presenting a specific investment proposal (in shares, alternative investment products, virtual currencies, etc.). Other trading platforms contact consumers through dating apps and fake social media accounts. Furthermore, many trading platforms use WhatsApp and Telegram.

We notes that several fraudulent trading platforms offer a so-called 'affiliate programme' to consumers. These programmes exhibit signs of a pyramid scheme.

These platforms act very aggressively. They often claim to hold an authorization by a fake financial authority, displaying it so as to seem trustworthy. Scammers even try to persuade the victims to allow them to take control of their computer remotely in order to make certain money transfers. The fraudsters also try to convince the victims to invest increasingly higher amounts of money. They also make promises of repayment in exchange for one last money transfer. This is a technique to collect even more money from their victims.

Victims who agree to do so complain in particular about:

finding themselves unable to recover their money, or

simply not hearing any more from the platform with which they have invested their money.

These are most likely cases of investment fraud. Fraudsters not only act without the necessary authorizations, but they also divert the investors’ funds. In such cases, investors are unable to recover their money because these illegal service providers are generally located abroad.

We noticed that the following websites for trading softwares and courses refer to fraudulent online trading platforms:

Bitcoineer (https://btceer.com/; https://bitcoineer-official.com/);

Admirria (https://admirria.com/; https://admirria.tech/);

Immediate Alpha (https://immediatealphaapp.com/; https://immediate-alpha-app.com/);

Immediate Bitwave (https://immediatebitwave.com/); 

Traderai (https://traderai.me/contact/).

Various new trading platforms have appeared on the internet in recent weeks.

We strongly advises against responding to any offers of financial services made by the following new trading platforms:

Absolutecoinmarkets (https://absolutecoinmarkets.com);

Advanced Traders (https://advanced-traders.com/);

Arbitrage Genius (https://arbitrage-genius.ai/);

Assets Premium (cloned firm) (https://assets-premium.com)

ATB Markets Pro (http://www.atbmarketspro.com/; https://atbmarkets.com/);

Bitcoin Knight (cloned firm) (https://trade.bitcoin-knight.com/);

CFX Fund (https://cfxfund.com/; https://www.cfx-fund.com/);

City Markets (www.city-markets.com; www.city-markets.io);

Coinexmax (cloned firm) (https://coinexmax.org/);

Coscoin (https://coscoins.com/);

CTRL Investments (https://www.ctrl-investments.cc/);

Dax.Pro (https://www.dax.pro/);

Digital Century (http://digital-century.net/; http://digital-century.co/);

DOEX (cloned firm) (https://doexgf.co/);

EdgeFinance Ltd (https://edgefinance.ltd/);

Equities Reserves (https://equitiesreserves.com/);

Exopip (https://www.exopip.com/);

Flaregain (http://flaregain.com/; https://platform.flaregain-tech.com/; https://flaregain.io/);

FMasters (https://fmasters.io/);

Fundiza (https://fundiza.com/);

FVP Trade (https://fvptrade.com/);

Golden Currencies (http://(client.)golden-currencies.net/);

Hfinvest (https://hfinvest.net/; https://hedgefunds.website/);

Ibplatform (http://ibplatform.tech/; http://ibplatform.info/);

Intrafund (https://www.intrafund.com/; https://www.intrafund2.com/);

Ixxen (https://ixxen.com/);

JBY Capital (https://jbycapital.com/; https://jbycapital.net);

JSS Investments (https://www.jss-investment.com/);

Ltd Capital (https://www.ltd-capital.com; https://www.ltdcapital.com; https://www.ltdcapital1.com/);

Market2cap (https://market2cap.com/; https://mrk2cap.com)

Merrix (cloned firm) (https://merrix.pro/)

Mobatrade (http://mobatrade.com/; https://www.mobatrade.co/);

Naristech (https://naristech.com/);

NFG Finance (https://www.nfgfinance.com/);

Onewiex (https://onewiex.com/);

Parallel Investment (https://parallelinvestment.io/);

PrimefinanX (https://primfinanx-flow.com/);

QCFinances (https://qcfinances.io/);

SGX Digital (http://www.sgx.digital/);

Skyhigh Traders (https://skyhigh-traders.com/);

Tpc Invest (https://tpcinvest.com/);

TradeAI Group (https://tradeai-group.com/; https://platform.tradeai-group.net/);

TradeCryptoMasters (https://www.tradecryptomasters.com/);

Trademay (https://trademay.com/);

Tradiora (https://tradiora.com/); 

Uxcoins (https://uxcoins.io/);

Vivoholding (https://vivoholding.io/);

Wells Trader (https://wellstrader.com/);

Wisewealth (https://wisewealth.ai/);

Xtrader365 (https://www.xtrader365.com/);

Zertom (https://www.zertom.com/).

[betterthantrue]

Beware of these new fraudulent trading platforms

During the past few weeks, the FSMA has continued to receive complaints from consumers concerning new fraudulent trading platforms that are operating in the Belgian market.

These trading platforms try to arouse consumers’ curiosity by placing scam ads on social media or online video platforms. In these fake ads, a (well-known) person often explains how to get rich quick. Such trading platforms also sometimes use mobile applications to lure victims. These fake ads or mobile applications often offer a virtual currency, trading software or a training course. After clicking on the ad or downloading the mobile app and having given their contact details, the victims are usually swiftly called by fraudsters presenting a specific investment proposal (in shares, alternative investment products, virtual currencies, etc.). Other trading platforms contact consumers through dating apps and fake social media accounts. Furthermore, many trading platforms use WhatsApp and Telegram.

The FSMA notes that several fraudulent trading platforms offer a so-called 'affiliate programme' to consumers. These programmes exhibit signs of a pyramid scheme.

These platforms act very aggressively. They often claim to hold an authorization by a fake financial authority, displaying it so as to seem trustworthy. Scammers even try to persuade the victims to allow them to take control of their computer remotely in order to make certain money transfers. The fraudsters also try to convince the victims to invest increasingly higher amounts of money. They also make promises of repayment in exchange for one last money transfer. This is a technique to collect even more money from their victims.

Victims who agree to do so complain in particular about:

finding themselves unable to recover their money, or

simply not hearing any more from the platform with which they have invested their money.

These are most likely cases of investment fraud. Fraudsters not only act without the necessary authorizations, but they also divert the investors’ funds. In such cases, investors are unable to recover their money because these illegal service providers are generally located abroad.

The FSMA noticed that the following websites for trading softwares and courses refer to fraudulent online trading platforms:

Bitcoineer (https://btceer.com/; https://bitcoineer-official.com/);

Admirria (https://admirria.com/; https://admirria.tech/);

Immediate Alpha (https://immediatealphaapp.com/; https://immediate-alpha-app.com/);

Immediate Bitwave (https://immediatebitwave.com/); 

Traderai (https://traderai.me/contact/).

Various new trading platforms have appeared on the internet in recent weeks.

The FSMA strongly advises against responding to any offers of financial services made by the following new trading platforms:

Absolutecoinmarkets (https://absolutecoinmarkets.com);

Advanced Traders (https://advanced-traders.com/);

Arbitrage Genius (https://arbitrage-genius.ai/);

Assets Premium (cloned firm) (https://assets-premium.com)

ATB Markets Pro (http://www.atbmarketspro.com/; https://atbmarkets.com/);

Bitcoin Knight (cloned firm) (https://trade.bitcoin-knight.com/);

CFX Fund (https://cfxfund.com/; https://www.cfx-fund.com/);

City Markets (www.city-markets.com; www.city-markets.io);

Coinexmax (cloned firm) (https://coinexmax.org/);

Coscoin (https://coscoins.com/);

CTRL Investments (https://www.ctrl-investments.cc/);

Dax.Pro (https://www.dax.pro/);

Digital Century (http://digital-century.net/; http://digital-century.co/);

[highlvlfinance]

Beware of these new fraudulent trading platforms

During the past few weeks, the FSMA has continued to receive complaints from consumers concerning new fraudulent trading platforms that are operating in the Belgian market.

These trading platforms try to arouse consumers’ curiosity by placing scam ads on social media or online video platforms. In these fake ads, a (well-known) person often explains how to get rich quick. Such trading platforms also sometimes use mobile applications to lure victims. These fake ads or mobile applications often offer a virtual currency, trading software or a training course. After clicking on the ad or downloading the mobile app and having given their contact details, the victims are usually swiftly called by fraudsters presenting a specific investment proposal (in shares, alternative investment products, virtual currencies, etc.). Other trading platforms contact consumers through dating apps and fake social media accounts. Furthermore, many trading platforms use WhatsApp and Telegram.

The FSMA notes that several fraudulent trading platforms offer a so-called 'affiliate programme' to consumers. These programmes exhibit signs of a pyramid scheme.

These platforms act very aggressively. They often claim to hold an authorization by a fake financial authority, displaying it so as to seem trustworthy. Scammers even try to persuade the victims to allow them to take control of their computer remotely in order to make certain money transfers. The fraudsters also try to convince the victims to invest increasingly higher amounts of money. They also make promises of repayment in exchange for one last money transfer. This is a technique to collect even more money from their victims.

Victims who agree to do so complain in particular about:

finding themselves unable to recover their money, or

simply not hearing any more from the platform with which they have invested their money.

These are most likely cases of investment fraud. Fraudsters not only act without the necessary authorizations, but they also divert the investors’ funds. In such cases, investors are unable to recover their money because these illegal service providers are generally located abroad.

The FSMA noticed that the following websites for trading softwares and courses refer to fraudulent online trading platforms:

Bitcoineer (https://btceer.com/; https://bitcoineer-official.com/);

Admirria (https://admirria.com/; https://admirria.tech/);

Immediate Alpha (https://immediatealphaapp.com/; https://immediate-alpha-app.com/);

Immediate Bitwave (https://immediatebitwave.com/); 

Traderai (https://traderai.me/contact/).

Various new trading platforms have appeared on the internet in recent weeks.

The FSMA strongly advises against responding to any offers of financial services made by the following new trading platforms:

Absolutecoinmarkets (https://absolutecoinmarkets.com);

Advanced Traders (https://advanced-traders.com/);

Arbitrage Genius (https://arbitrage-genius.ai/);

Assets Premium (cloned firm) (https://assets-premium.com)

ATB Markets Pro (http://www.atbmarketspro.com/; https://atbmarkets.com/);

Bitcoin Knight (cloned firm) (https://trade.bitcoin-knight.com/);

CFX Fund (https://cfxfund.com/; https://www.cfx-fund.com/);

City Markets (www.city-markets.com; www.city-markets.io);

Coinexmax (cloned firm) (https://coinexmax.org/);

Coscoin (https://coscoins.com/);

CTRL Investments (https://www.ctrl-investments.cc/);

Dax.Pro (https://www.dax.pro/);

Digital Century (http://digital-century.net/; http://digital-century.co/);

DOEX (cloned firm) (https://doexgf.co/);

EdgeFinance Ltd (https://edgefinance.ltd/);

Equities Reserves (https://equitiesreserves.com/);

Exopip (https://www.exopip.com/);

Flaregain (http://flaregain.com/; https://platform.flaregain-tech.com/; https://flaregain.io/);

FMasters (https://fmasters.io/);

Fundiza (https://fundiza.com/);

FVP Trade (https://fvptrade.com/);

Golden Currencies (http://(client.)golden-currencies.net/);

Hfinvest (https://hfinvest.net/; https://hedgefunds.website/);

Ibplatform (http://ibplatform.tech/; http://ibplatform.info/);

Intrafund (https://www.intrafund.com/; https://www.intrafund2.com/);

Ixxen (https://ixxen.com/);

JBY Capital (https://jbycapital.com/; https://jbycapital.net);

JSS Investments (https://www.jss-investment.com/);

Ltd Capital (https://www.ltd-capital.com; https://www.ltdcapital.com; https://www.ltdcapital1.com/);

Market2cap (https://market2cap.com/; https://mrk2cap.com)

Merrix (cloned firm) (https://merrix.pro/)

Mobatrade (http://mobatrade.com/; https://www.mobatrade.co/);

Naristech (https://naristech.com/);

NFG Finance (https://www.nfgfinance.com/);

Onewiex (https://onewiex.com/);

Parallel Investment (https://parallelinvestment.io/);

PrimefinanX (https://primfinanx-flow.com/);

QCFinances (https://qcfinances.io/);

SGX Digital (http://www.sgx.digital/);

Skyhigh Traders (https://skyhigh-traders.com/);

Tpc Invest (https://tpcinvest.com/);

TradeAI Group (https://tradeai-group.com/; https://platform.tradeai-group.net/);

TradeCryptoMasters (https://www.tradecryptomasters.com/);

Trademay (https://trademay.com/);

Tradiora (https://tradiora.com/); 

Uxcoins (https://uxcoins.io/);

Vivoholding (https://vivoholding.io/);

Wells Trader (https://wellstrader.com/);

Wisewealth (https://wisewealth.ai/);

Xtrader365 (https://www.xtrader365.com/);

Zertom (https://www.zertom.com/).

[makeyourfutureq]

Beware of these new fraudulent trading platforms

During the past few weeks, the FSMA has continued to receive complaints from consumers concerning new fraudulent trading platforms that are operating in the Belgian market.

These trading platforms try to arouse consumers’ curiosity by placing scam ads on social media or online video platforms. In these fake ads, a (well-known) person often explains how to get rich quick. Such trading platforms also sometimes use mobile applications to lure victims. These fake ads or mobile applications often offer a virtual currency, trading software or a training course. After clicking on the ad or downloading the mobile app and having given their contact details, the victims are usually swiftly called by fraudsters presenting a specific investment proposal (in shares, alternative investment products, virtual currencies, etc.). Other trading platforms contact consumers through dating apps and fake social media accounts. Furthermore, many trading platforms use WhatsApp and Telegram.

The FSMA notes that several fraudulent trading platforms offer a so-called 'affiliate programme' to consumers. These programmes exhibit signs of a pyramid scheme.

These platforms act very aggressively. They often claim to hold an authorization by a fake financial authority, displaying it so as to seem trustworthy. Scammers even try to persuade the victims to allow them to take control of their computer remotely in order to make certain money transfers. The fraudsters also try to convince the victims to invest increasingly higher amounts of money. They also make promises of repayment in exchange for one last money transfer. This is a technique to collect even more money from their victims.

Victims who agree to do so complain in particular about:

finding themselves unable to recover their money, or

simply not hearing any more from the platform with which they have invested their money.

These are most likely cases of investment fraud. Fraudsters not only act without the necessary authorizations, but they also divert the investors’ funds. In such cases, investors are unable to recover their money because these illegal service providers are generally located abroad.

[vmtrading]

What is Dabba Trading? A Deep Dive into the Risks and Platforms

Dabba trading, also known as "box trading," is a form of informal trading that takes place outside the purview of regulated stock exchanges. This practice involves trading shares off-market, where transactions are manually recorded, often bypassing the standard exchange mechanisms. In dabba trading, intermediaries play a crucial role by acting as brokers who facilitate these trades without regulatory oversight. Due to its nature, dabba trading is inherently risky, offering no legal protection or guarantees to investors.

How Does Dabba Trading Work?

Dabba trading is characterized by its informal and unregulated nature. Here's a basic rundown of how it operates:

Intermediaries: Traders work through intermediaries who provide dabba trading services. These intermediaries act as unofficial brokers, executing trades on behalf of their clients. The trades are recorded manually in a "dabba" or register, hence the name.

Outside of Exchanges: Unlike traditional trading that occurs on regulated platforms like the National Stock Exchange (NSE) or Bombay Stock Exchange (BSE), dabba trading happens off-market. It means the trades do not pass through the regular stock exchanges, making them invisible to regulatory bodies.

Cash Transactions: Dabba trading often involves cash settlements, which means there's a greater risk of discrepancies and fraud. Since there's no official record of the transactions, traders are exposed to financial risks without any legal recourse.

Online Dabba Trading Platforms

With the advent of technology, dabba trading has moved from physical registers to digital platforms. Online dabba trading platforms have emerged, allowing traders to participate in these activities more conveniently. These platforms mimic the traditional dabba trading approach but with digital tools for executing and tracking trades.

Digital Access: Online dabba trading platforms offer easy access to traders, enabling them to participate from anywhere. These platforms typically provide a user-friendly interface to execute trades, track performance, and manage portfolios.

Ease of Use: The digital nature of online dabba trading services makes it easier for traders to engage in speculative trading. However, it's crucial to understand that these platforms still operate outside regulated environments, posing similar risks to traditional dabba trading.

Risks Associated with Dabba Trading

Dabba trading is fraught with several risks due to its unregulated nature:

Lack of Regulation: Since dabba trading operates outside of official exchanges, it is not monitored by regulatory bodies like SEBI (Securities and Exchange Board of India). This lack of oversight makes it easier for fraudulent activities to occur.

No Legal Protection: Investors participating in dabba trading have no legal recourse in case of disputes. This absence of legal protection makes it difficult for traders to recover losses.

Financial Losses: The absence of a regulated framework increases the potential for significant financial losses. Traders may find themselves exposed to high levels of risk without the security of regulated trading environments.

Exploring Safe Alternatives

For those interested in trading, exploring regulated platforms is a safer and more reliable option. There are many online trading platforms that offer regulated, transparent, and secure trading environments. For instance, platforms like VM Trading and V Money provide comprehensive online trading services that comply with regulatory standards. These platforms offer investors the ability to trade in various markets, including stocks, commodities, and more, with the peace of mind that comes from regulatory compliance.

[safebalancealright]

Beware of these new fraudulent trading platforms

During the past few weeks, the FSMA has continued to receive complaints from consumers concerning new fraudulent trading platforms that are operating in the Belgian market.

These trading platforms try to arouse consumers’ curiosity by placing scam ads on social media or online video platforms. In these fake ads, a (well-known) person often explains how to get rich quick. Such trading platforms also sometimes use mobile applications to lure victims. These fake ads or mobile applications often offer a virtual currency, trading software or a training course. After clicking on the ad or downloading the mobile app and having given their contact details, the victims are usually swiftly called by fraudsters presenting a specific investment proposal (in shares, alternative investment products, virtual currencies, etc.). Other trading platforms contact consumers through dating apps and fake social media accounts. Furthermore, many trading platforms use WhatsApp and Telegram.

The FSMA notes that several fraudulent trading platforms offer a so-called 'affiliate programme' to consumers. These programmes exhibit signs of a pyramid scheme.

These platforms act very aggressively. They often claim to hold an authorization by a fake financial authority, displaying it so as to seem trustworthy. Scammers even try to persuade the victims to allow them to take control of their computer remotely in order to make certain money transfers. The fraudsters also try to convince the victims to invest increasingly higher amounts of money. They also make promises of repayment in exchange for one last money transfer. This is a technique to collect even more money from their victims.

Victims who agree to do so complain in particular about:

finding themselves unable to recover their money, or

simply not hearing any more from the platform with which they have invested their money.

These are most likely cases of investment fraud. Fraudsters not only act without the necessary authorizations, but they also divert the investors’ funds. In such cases, investors are unable to recover their money because these illegal service providers are generally located abroad.

[switfthire]

Online Money Scam Recovery Services Save You From Major Financial Losses

The first question arises how do you recover funds if you are a victim of a fake binary broker? What are the appropriate steps to get lost money from the binary options? You can hire our company agents if you want to invest money in the cryptocurrency binary field. Our agents save clients from many fields such as international financial frauds, the forex market, and other types of cryptocurrency frauds. You can visit our website swifthiresecurity.com to get more information. Our online money scam recovery services save you from mental tensions and unnecessary anxiety. Read the complete blog: Online Money Scam Recovery Services Save You From Major Financial Losses

[williammason1]

Are You Protected from Investment Fraud? William Mason Shares Crucial Tips to Safeguard Your Money

In recent years, the stock market has become a fertile ground for scammers, exploiting the hopes and dreams of unsuspecting investors. William Mason, a renowned financial expert and the creator of the "William Trend Momentum Portfolio System," shares his insights and advice on how to protect yourself from becoming a victim of stock market scams, all while highlighting the benefits of his innovative investment app.

The Rise of Stock Market Scams

The internet has made investing more accessible, but it has also provided scammers with new opportunities to deceive people. Recently, an Australian retired couple lost over $2.5 million in an investment scam, highlighting the devastating impact of such frauds. The scam started with a seemingly legitimate ad on Google, promising safe investment opportunities through "St. George Capital," which falsely claimed affiliation with the well-known St. George Bank. This case underscores the importance of vigilance and thorough verification before making any investment.

William Mason's Perspective on Fraud Prevention

William Mason, with his extensive background in finance and his commitment to investor education, emphasizes that awareness and education are the first lines of defense against scams. According to Mason, understanding the common tactics used by scammers and recognizing red flags can significantly reduce the risk of falling victim to fraud.

Mason's "William Trend Momentum Portfolio System" is designed to help investors identify market trends and make informed decisions. This system combines trend lines, moving averages, and other technical indicators to help investors capture market trends and achieve better returns. However, even the best investment strategies cannot protect against deceitful practices if investors are not vigilant.

Key Warning Signs of Investment Scams

Mason highlights several red flags that investors should watch out for. First, offers that seem too good to be true often are. High returns with little or no risk are a classic hallmark of scams. Pressure tactics are another red flag; legitimate investments allow time for consideration and consultation. Unverified credentials should also be a concern. Always verify the legitimacy of the person or company offering the investment through official channels. A lack of transparency is another warning sign. Legitimate investments provide detailed information about risks, terms, and returns. Finally, be cautious of fake contact information. Scammers often use false addresses, phone numbers, and email addresses to appear legitimate.

Real-Life Example: The Sawyer's Story

The case of the Sawyers, who were tricked into investing in fake Commonwealth Bank corporate bonds, serves as a cautionary tale. They were misled by scammers who posed as bank employees and convinced them to transfer large sums of money into accounts controlled by the fraudsters. Despite their efforts to recover their funds, they faced significant challenges due to the lack of support from the banks involved.

Protecting Yourself from Scams

William Mason's insights are invaluable in helping investors protect themselves from scams. He stresses the importance of verifying the source of any investment opportunity and understanding the investment thoroughly. Be wary of pressure tactics and ensure your online accounts are secure with strong passwords and two-factor authentication. Staying informed about common scams and fraud tactics is crucial. Seeking independent advice from financial advisors can provide an additional layer of protection. Utilizing tools like Bitdefender Scamio can help detect phishing emails and fake ads. Finally, reporting suspected scams to authorities can help prevent others from falling victim and aid in recovering lost funds.

The Power of the "William Trend Momentum Portfolio System" App

To further assist investors in navigating the complexities of the stock market, William Mason has developed a comprehensive investment app. This app leverages the principles of the "William Trend Momentum Portfolio System," providing users with powerful tools to identify market trends and make informed investment decisions. The app's user-friendly interface and robust features make it an essential tool for both novice and experienced investors.

By integrating real-time data, advanced analytics, and personalized investment advice, the app empowers users to maximize their investment potential while minimizing risks. Mason's commitment to investor education is reflected in the app's extensive resources, including tutorials, market insights, and expert tips. This innovative platform not only enhances the investment experience but also serves as a critical safeguard against scams.

Conclusion

William Mason's insights and the tragic experiences of victims like the Sawyers highlight the importance of vigilance and education in preventing investment fraud. By staying informed, verifying sources, and seeking independent advice, investors can protect themselves from scams and make more informed decisions. Mason's commitment to investor education through his "William Trend Momentum Portfolio System" aims to empower investors with the knowledge and tools needed to navigate the complexities of the stock market safely. The introduction of his innovative investment app further solidifies this mission, providing a reliable and user-friendly platform to enhance investment strategies and protect against fraud.