Cases of alleged investment fraud, alarm regulators and lawyers. Those who want to create interest rates above the market level usually have to resort to speculative products. Since there is really nothing to be gained from safe investments such as bonds, the threat of being lured by windy promises of returns is increasing. In quite a few cases, financial products and investment opportunities are offered that do not exist in reality. Investors may want to reconsider further investments in the companies mentioned in this list. The companies mentioned may well be reputable companies, as fraudsters often use well-known brands and company names illegally to attract customers and investors. Blackmore Consulting Group Blackthorn Wealth Advisory Blonde Bear Ou Blue Insurance UK Blue Seal Limited Bluestar International Acquiring Bluestone Asset Management (Europe) S.A. BNP Forex Limited BP1 LP („Stern Options“) Braxton Knight Ltd Bridge Capital Advisors Bristol Consulting FX Britannia Capital Management Brokers Option BT Systems Ltd. Bulwark Insurance Burton Mills Butrans Sp. z o.o. BY Trading Limited Caamar Altas Finanzas Caamar Inversiones cabbot law group Caledonia Investment Company Limited Canyon International HK Capital Credit Guarantee LLC Capital Force Ltd (Option888) Capzone Invest Ltd Carter Corporate Law Carter Financial Services Cartwright Law Specialist Boston Carus Solutions Ltd Catalyst CM Limited Cathay DuPont Limited CBC Legal Group CDN Law Century Finance Services Limited Century Finance UK Limited (Clone) CF Marketing Group Ltd. CF Partners (clone) Charles Ross Associates Cherry Goose Ou Chesterfield International Partners Chimera Investment Corporation China International Futures China Pacific Capital Chinatsu & Partners Chinatsu and Partners Christian, Bradford Christopher Scholz (clone) Clear Loans (clone) CMC Gao Hua CMS Trader CMS Ventures Ltd. Cohen Legal Group Coinmining24 Ltd. Coinoa Commercial Support LP Compendium Value Limited Continental Bancorp Continental Capital Markets Ltd (Clone) Cooperative Fair Investment Cordell Groves Corporation de Capital Swap inc. Coverdeal Holdings Limited Cradle Heights Credit Extra Cash Credit My Funds (clone) Credit Suisse Financial Cross Ocean Adviser Crowdbridge Global N.V. crowd-partners.com Crown Managers Crown Finance Cryp Trade Capital Holdings SL Cryp Trade Capital Ltd. CryptFund Crypto Brain CSBank S.P. CSBank.ch CTI China Renaissance CTI Group Advisors Cybertrust S.A. Day Dream Investments Ltd. Denman-Brys Group (clone) Desert Finance Services Limited (clone) Dew Finance Services Limited Diamond Global Solutions SRL (yesoption.com) Digital Gold Xchange DongXing Futures Limited Dukes Merger & Acquisitions, Inc. Dynamic Target Marketing East Coast Law Florida Eastern Land Capital Partners Limited Easy Line Pro EasyPro Loans ECN Capital Efexa 1000 Ltd. EFG Corporation Limited EFG Private Limited EJS Placements Financiers (clone) Elect Capital Elevated Financial Services Ellis and Tate Elon Global Strategy Co, Limited Empire Capital Partners Energy Advice Group Epargne Banque Epic Ventures Ltd. Escrow Global (Clone) Eu Trading Services Llp Euro Ventures Group (London) Limited Europe Trade Ltd Everence Financial Group Evo Binary Switzerland EWinner Markets Co Ltd eXbino.com Exo Capital Markets Limited Explatinum LP Fah Mai Holding Inc Faiway Capital Investments Federal Mergers & Securities Board FG Global Enrich Limited Finance Lenders Financial Plus Limited Fintech Technologies / Tradefintech.com Fintech Trade Fintera Firefly Finance First Federal Securities (Cayman) Limited First Skyway Invest Group Limited (Skyway Capital) Five Winds Asset Management Five Winds Asset Management FMCapitals (AKA Genum Ltd) FM-FX Forest Advisory Service Forest Hill Management Forest Investments Forex Club International Limited Forexmilionsl Forthright International Company Limited Fortune Way Limited Franklin Bain Advisors Ltd Funding Circle Loans (Clone) Fundusz Hipoteczny Yanok FXANDCO FXBTG Financial Limited FXC Markets FxFWay UK Limited FXImperium Fxmarketlivepro Pty Ltd FXT24 Ltd Gajan Insurance and Technological Resources Gatco Bank PLC GCC Get My Loans Get Your Loans (clone of a registered company) GetcoPro GG Binary Option GG Financial Glob Capital Limited Global Ace Investment Limited Global Capital Recovery Global Financial Protection Commission Global Multi-Asset Management Global Project Management SA GloboTrust Holding SA Gold Star Group Limited Goldbrigde Fund Management (Clone) GoldTech Media Services GQM International Group Co, Limited Grand Services Great Britain loans PVT loan Limited (clone) Green Oak Limited (Roiteks) GreenFields Capital Greenshields Capital Group Greenwood Capital Management Grupo Securitas GTC Advisors GTI Net Gumpold Christian & Co (clone) Gunnar Grieshofer (clone) GVQ Investment Funds (clone) Haefen Capital Hamburg Capital Hamilton Crawford Hamilton Wealth Advisors Hamza and Associates Hansa Capital Partners Harvest Asset Holdings Ltd Hash Finance Limited Hauck Investment Heartloans.co.uk Helvezia Trust Heritage Capital Hit Broking PLCS (Golden Investments) Hokkaido Investments SP Hollis Kookmin Financial Holzmann Friedrich Homepay Sp. z o.o. Hong Kong Fengying Holding Company Limited Hong Kong Cheng Hui Finance Hong Kong Enterprise Equity Transfer Management System Center Co Ltd Hongta Securities Co, Ltd Housers Services International BV Howard James Group UK Howland Law Firm / Howland Law LLP HQ Broker http://trfinance.hk https://onlinefidelityhk.net https://sxbmarket.com Hui Yao International (Hong Kong) Hume Capital Hush IBA Group Ltd iCash Loans, ICashLoans (clone) IDB Trades Iforex24 Ltd (www..iforex24.com) iFT Advisory Group iMarketsLive Imperial Capital Corporation Limited Imperial Equity Holdings Imperial Ltd Improvement Loans (clone of a registered company) Independence Loans (clone of a registered company) Infc Holding Infinity Holdings Ltd Infinity Partners Limited Innoway Project Ltd InOut Capital LP Instafx24 Integral 2DJ Sp. z o.o. Integrated Markets LLC Inter Markets Service UK Limited / IMS FX Ltd Interco Holding AG International Banking Investigation Group International Finance Commission International Futures Channel Integrated Service Provider International Markets Life Ltd International Markets Live ltd International Trading Intima Invest Investmib Limited IQ Finanzas Europe S.L. Iron Eagle Sp. z o.o. Iron FX Financial Services Limited Iron FX Global Limited J&T Capital Management Jacob Morgan Investment House Jana Hudikova Asset Management Jet Technology Limited (JETFX) Jinbi Token AG JJ Matthias Asset Management Joshua Consulting Ltd Joshua Development Limited Joshua Partners Eood Joshua Trade EOOD and Joshua Development LTD Jsb Capital Group (Sv) Ltd (www.bnqcapital.com) Jupiter Fund Management (Clone) Kaiju Limited Kancelaria Finansowa AWB Sp. z o.o. KESF Private Asset Management, Inc. Keyds Lydya Ltd (Keyds Scotland) Kin Capital Kingsberg International Ltd. Kingsley Capital Partners Inc Kitano Ltd. kleinwortbensonprivate.com Km Media Ltd Knight & McKenzie Partners Koenig Rowe – Campbell Alliance Kyburg Financial Ltd Kyoto Limited Ltd Lambert & Sons Incorporated Lambert and Sons Incorporated Lamp Education Canada Ltd Le Pay Bank Leads Capital Inc. Lend Mutual (Clone) Leniex Corporation Leo Equities Levine & Levine Law Specialists Lexinta Capital Management Limited Lexinta Group Limited Light Finance (Clone) Lions Trading Club ltd. Lionstradefx.com Liontrust Asset Management (clone) Littinvest Loan House UK (clone) Loan Syndicate Loanovao (clone) Loeb Benson LOK Marketing Ltd Lolly Loans PVT Ltd (clone) London Loan Bank London Private Finance Ltd (clone) LT Global Ltd / LT7 Global Ltd Luxembourg Offshore Banking L-V Partners MacMillian Escrow Trust Magos AI Mane Marketing Sp. z o.o. Manly FX Marathon Asset Management Marc Hermann Wealth Management (Clone) Marcela Cunderle Marcela Gerlova (clone) MarketGBP Limited Marketier Holdings Markets Broker Markets Direct Financial Group Limited Markets Trading Ltd Mars Invest Ltd. MasonBaxter Master Class Investments Sp. z o.o. Maxwell Financial Services Maxwell Mergers & Acquisitions Group Inc. Mayfair Trading Mayford Capital Partners MBQ International Incorporated MCC Group MDF Capital Limited MDF Trading Limited Meadows Financial Media Client Service S.L. Media GC Limited (TradeGC) Media Group Ltd. Menden Hall Law Office Mergers & Acquisitions Law Group Meridian Financial Group Metainvesting / Meta Investing (www.metainvesting.com) Metropol Invest Group / Metropol Invest Group Limited Mianchang Financial Holdings Hong Kong Limited Michael Miller (clone of a registered company) Michael Ulrich Hartmann Miller and Cohen Milton Group Ltd Mitchell Bloch Law Firm Mitsubishi Global Mizuho DKB Brokerage Moneyworld (clone) Moorwant Morgan Newfield Multi Month Loans (clone) Mutual Fund Ltd MWI Consultants Nagaharu Global NBR Trading Co Ltd (NBR Trading Yokohama) Nescom Polska Sp. z o.o. Netmore Sp. z o.o. Network Worth Incorporated New Markets S.A. (OptionStarsGlobal) New York Law Specialists New York Regulatory Division Newmont Wealth Advisory Noble Capital House Noke International (Hong Kong) Nona Marketing Ltd Nordic Pearl Silver Wolf Northridge Financial Partners Nostro Technology Ltd (www.xlrtrade.com) Nostro Technology OU (www.globalfxm.com) NostroBank (Brokerage Firm) Novatrades LTD Novature Group NTB Direct Oakfair Investment L.L.C. Oakwood Advisory Octa Markets Incorporated OLM Financial Olympia Capital Exchange OndaMarkets Ltd. Onex Busan Financial Optimum Standard International Group Limited Orbatex AG Orion Solution SRL Orocrypt Osbourne Mulligan Consulting OSG Forex OTM Capital Pacific Chiba Trust Pandorx Ventures Ltd. Panther Trading International Co (HK) Patcham Investment Funds (PIF) (clone) Pay Smart Limited Peak Managers Inc. Pearl Asia Holdings Limited Personal Loan Now Pioneer Equity Acquisition Platinum Gain (Clone) Plus 500 Pro PlusOptions Potter Consultancy Premier Capital Group PRIME ADMIN SERVICES Prime Asset Capital Prime CFDs Prime Financial Partners Primecfds Prince de Heidendorf Asset Management Pro Speed Tech Ltd ProfitTrade24 ProInvest Solutions (Clone) Prople Investments Limited Quad Trust Investment Bank Limited Quality Lending Service Quaroni Group (clone) QW Lianora Swiss Consulting SA Rainforth Ralph & Susan Limited RBCP International Redfield Markets Ltd. Redthorne Markets Redthorne Realisations Limited Regal Investment LLC Regent Street Finance (Clone) Reinhard Hofer International Remington Mining Resonance Capital Revera Associates Revive Capital Group Reyker Securities (clone) Richardson & Russell Holdings Rising International Management Company Limited RLCMN Capital SK, s.r.o. RNK Global Robert Brooks Ltd Rothmann & Ginst Royal Cripto Royal Pacific International Royce Equity Management Rui Long International Rutherford Franklin Ltd. S.G. Finance SPRL S2Trade S-Acquisition Corp Safe Invest Safe Side Consulting Ltd. Sameday Loans (clone) Sanata Group Eood, Pentacle Group Ltd, Sani Consulting SA Sapporo International Sas Global Trading Ltd (www.advbusiness.org) Save Power UK SC Global Fund Schmidt Karl Ludwig Scholz Finance Secure Options Market Secured Trade Investment Securities Regulatory Commission SEÑALES 365 Sentinel Group Seremar Sp. z o.o. SG Innovation Ltd (XMarkets.com) Shalom & Gerson Finance Shengtian International Financial Group Shenyang Chenghao Securities Brokerage Co, Ltd Shing Tin International Trading Limited Shinhan Daiwa Brokerage Shitong Futures Shtern Group Sinitus Group Six Swiss Exchange Ltd. Sky Way CPA&Co Sky Way Invest Group (https://superblu.wordpress.com) Skyway Capital SLB Group AG (Swiss Legit Bank) SLS Trade Smart Choice Zone Lp Smith Capital Ventures, Inc. Soft Loans SolidCFD Solutions CM Sovereign Wealth Preservation (Clone) SpearTrader Spencer Associates Limited Spot Capital Markets Ltd Spot2Trade Ltd St Clair Capital Group StackOptions Stalis SA Star Yao International (Hong Kong) Limited State Bridge Partners Sterling and Ross Advisory S.A. Sterling Bishop Associates Sterling Fund & Co Wealth Management STG Limited Stocktradeinvest STX Global Limited STX Markets Succursale in Melide Sun Capital Limited SunCorp Swish Loans (clone) Swiss American Capital Group Ltd. Swiss Assets FX Finance LTD Swiss Capital Swiss Investment Private Bank Swiss Magnates Swiss Royal Banc Swissmine Swordfish Financial T.W. CAPITAL LTD Takara Global Taylor and Clark TC WEALTH TCV & Partners (clone) TDC Property Development Techno FX UK Ltd TechnoFX Limited The Adam Group The Capital Advisory Group The Castlebrook Properties HMO Properties Bond / Castlebrook Properties (Clone) The Crypto Genius The Haighton Ruth Group (clone) thebitcoinscode.com Thinking Ahead Ltd. Thomas and Gareth Consulting Group Tiburn Corporation Limited Time Rich China Titanium Tech Solutions Limited (www.toroption.com) Tokai National Partners Potx24 Toronto Sumitomo Trading International (TST International) Total International C.P.A. Ltd TouchTrades Trade 24 Trade Invest 90 Trade Korea (Clone) Trade UP Ltd Trade V Trade World Forex International Limited Tradeovest TraderVC Trades Prime Tradeview Ltd. Trading Ganador Trading Trinity Trinity Wealth Management Trisca Investments Truevalue Investment International Limited Trustee Credit Savings Bank Tryn TSB Wealth Advisory (clone) Turtle Finance UB4TRADE UBSOPTION – swissbinarytrading.com Union Glory Gold Group Unique Global Investment GesbR United Capital Group United Limited Up4x Ltd (www.4xbanks.com) Uphold USI-TECH Limited uTrader Valbury Global Financial Limited VBM Capital Partners Vcapital doo Podgorica Velmon Enterprise Ltd Venice Investment Group Verge Finance Private Lending Victordebt Limited Vogel Capital Vogel, Maines & Associates Vortex Assets Limited Vortex Profits Limited Wageme (Clone) West Finance Trade West Pacific Dealers Westpac Bank of London (clone) Whitestone Finance Ltd Whitman Law Group Williams Beacon Advisory Ltd Windsor Developments Winmore Alliance WM Option World Trade Capital Worldwide Insurance Network Group www.advbusiness.org www.barclaysprivateoffshore.com/clientaccess/ www.blamja.com www.cs-advisory.com www.dfzq.ink www.dfzqhk.cn www.epargne-eco.fr www.fcztc6.com WWW.FINODAX.COM WWW.FOREX.CAT WWW.FOREXTRADING.CAT www.gdicapital.com www.hbblmw.com www.holzmannfriedrich.com www.horizoncapman.com www.hzzrlp.com/index.php?m=goods&a=details&content_id=125 www.international-trading.com www.jinlifengtw.com www.kbcapitals.com www.lansforex.com www.minzhong279.com www.onlinefidelityhk.com www.pointinvestmentgroup.com www.privat-onlinenpb.com / firstname.lastname@example.org www.qiniutz.com www.quaronigroup.com www.qunyijinrong.com www.rffg.hk www.rifagw.com www.rifaqh.com www.runxinkang.com www.segnalivincenti.net www.vilgorcapital.com www.y2hh.com www.yifahk.com www.zgxfgj.com www.zjxqw.cn/Singlepage.aspx?classId=70 www.zuerchercapital.com X12 Xiaohangjia Brokers Xiaohangjia Futures Limited Y2 Media Group Ltd. YF Assett Management (clone) YOLENGER s.r.o. Zan Partners Zavori Financial Group (Asia) Limited Zeus Crypto Zhonglian Financial Group Zhonglian International Finance Group Zurich Financial ZYWealth
How reputable are stockbrokers?
Investment scammers attach great importance to a professional appearance on the web and spend a lot of money on optimised online marketing. They are also specially trained on how to build confidence in their callers within a short period of time. This enables them to convince even experienced investors or entrepreneurs of their seriousness. These companies also have a solid internet presence and well-trained employees who appear trustworthy according to investors‘ descriptions on the phone.
Alleged investment fraud?
The so-called boiler room scam is a type of telephone fraud. In 2015 alone, 60,977 cases of white-collar crime were recorded by the police in Germany alone, with every eighth case revolving around investment fraud. Telephone fraud is one of the more common forms of fraud in which private investors lose large investment sums. The rip-off starts with unsolicited calls. The problem is that the swindlers pose as supposed investment specialists, appear serious and guarantee potential investors huge profits. The legal problem already arises when the platforms make contact, which can be seen as unsolicited telephone advertising and is therefore not legal. A „surefire investment“ or „the unbelievable opportunity that comes along only once in a lifetime“: with such guarantees, dubious platforms like and can entice investors to invest large amounts. In some cases, the advertised investments are also shares in renowned companies. For the victims of a telephone scam, however, the further course always ends the same, finally with the loss of the invested money. The brokers can no longer be reached, the initiators are anonymous and the provider’s headquarters are in Asia.
In the course of a boiler room scam, the employees can then also lapse into a more urgent way of speaking. If the customers approached decide to transfer the money, the amounts and possible winnings remain missing. The employees can no longer be reached, the initiators cannot be found and the company is based far away in Asia.
Beware of brokers
Before investing, one should always assess whether the provider is subject to supervision, e.g. the Federal Financial Supervisory Authority(Bafin). If you were to carry out a test at the Federal Financial Supervisory Authority, you would find that some companies do not have a licence. Particular caution is also called for when investment advisors hold out the prospect of untypically large payouts. The opportunities are presented in an extreme way and the possible pitfalls are almost never mentioned, if at all. You should also be wary of contacts with foreign companies. If you suspect that it could be a case of investment fraud, it is best to contact a specialised lawyer quickly. The long distance of jurisdiction sometimes prevents those affected from taking legal action, although the chances of compensation for damages, restitution or settlement payments are often misjudged. Capital investment fraud is a form of fraud in which the criminals promise a lucrative investment in the capital market in order to obtain the victims‘ money. As a rule, alleged providers or stock traders contact private investors and companies by telephone and try to convince them of particularly lucrative shares and other capital investments. Again and again, the customers are put under psychological pressure to buy quickly, as the promised trades are only available at short notice. Above-average profits are promised. However, the shares and investments offered are usually of no value or not available at all. Vigilance should also be exercised when dealing with listed providers.
How can manipulation be avoided?
If you heed this advice from our lawyers, you will significantly limit your personal risk. Private investors should be aware of one important basic rule – high promises of profits are usually also associated with high risks of loss. Caution is also called for if the broker is located in an exotic country. An investment scam often starts with a telephone call. One should be particularly careful in the following cases:
- Above-average payouts are promised or even guaranteed.
- The companies are based abroad and do not have a licence.
- There is no office in Germany or in the EU.
- No personal advice is offered on site.
Caution is always advisable if you, as a private investor, have the feeling that the costs and risks of the transaction are being talked down or played down.
What can those affected do?
The lawyers of the Herfurtner law firm advise aggrieved private investors and support them with questions in the area of capital investment law and capital investment fraud throughout Germany, as well as in Austria and Switzerland.