Have you been deceived by a dishonest broker? Take your first step to recover your funds

Has a dishonest broker deceived you? Global Recovery Alliance can help you recover funds lost.

The world has long been faced with the growing problem of fictitious investment platforms, where a person posing as a broker or representative of an investment company uses his manipulation skills to mislead and deceive investors for his financial gain. This may include unfair practices such as data manipulation, forging documents, providing false information, inappropriate investment advice, or misusing entrusted funds.

Global Recovery Alliance, a company from the Netherlands, has successfully recovered the assets of thousands of investors who have fallen victim to such schemes. Over the years, the experts at GRA have provided sound and proven advice in order to protect future potential victims from becoming victims, as a well those who have unfortunately fallen victim not to be victimized ever again.

How do fraudsters operate while promising quick earnings and high profits? 

From individual private citizens to global corporations and governments, the virtual world provided by the Internet has improved our lives on every level. Along with all the benefits provided, the Internet is also riddled with pitfalls that are very well disguised to the unaware. Simply browsing through Facebook, Instagram, or YouTube pages, users commonly come across hundreds of advertisements, some of which are  very inviting. Shorten with AI

Advertisements offering easy and extremely profitable investment opportunities have encouraged thousands to join the world of investments. Extremely attractive and user-friendly platforms providing all the tools and features a new and potential rising star investor would need to attain their dreams of financial freedom for themselves and their families are available for just a minimal deposit (e.g., $250) to your “new investment account”. Shorten with AI

Many of these seemingly lucrative online investment platforms promising unlimited earnings are expertly designed with all the bells and whistles by fraudsters. Many of these fraudulent operations are simple and effective for attaining the financial goals of the fraudsters, and not the “investors”.  

Before depositing any money, it is also worth verifying any opinions about a given platform. As well, pay attention as fraudsters often impersonate well-known people or companies. 

Once a new investor has taken their first steps into the world of investments with their very modest first deposit that promises to change their financial future, they are then contacted by a “financial advisor”, that very often with an Eastern European accent, to usher new investors further down the path of “success” and riches. With the assistance of these fraudulent advisors, investments are actually made, but on a fictitious platform. With complete control over what and how much profits appear to the newly recruited investor, it is excitingly believed that large profits can be earned with just a minimal investment, making it very convincing to make additional larger deposits to the dishonest operation. 

In reality, it is the fictitious investment operation moving forward down the path of success and riches and not the investor themselves.

As these platforms are carefully created by fraudsters, the visible results of successful gains and profits have nothing to do with actual earnings.

The biggest problem occurs when the investor decides to withdraw the earned money, which in practice never happens. After communicating the willingness to withdraw, the dishonest broker promises to transfer the funds while informing that this will only be possible after paying further costs related to the investments made. For example, the customer receives information that the withdrawal will be possible after paying a tax of 20% of the profits attained to the bank account indicated by the fraudster. Unfortunately, this is an additional tactic to further extort funds from victims. 

We can observe the sunk cost effect here, where an investor who has invested time and money persists in a fictitious investment and pays subsequent costs, hoping to recover the previously paid capital. Unfortunately, in this type of situation, the victim falls into a vicious circle, and after spending the required costs, further costs appear – but the withdrawal request is never made. 

Victims often lose their life savings this way and fall into debt. Fraudsters also use programs for remote computer operation, thanks to which they “help” the defrauded to make subsequent payments and take out loans and use their credit limit to the fullest.

 Global Recovery Alliance advises and helps those who have been defrauded!

You can find different opinions on the Internet about dealing with these types of situations, but it is best to trust specialists who are experienced in doing so. Global Recovery Alliance has teams of experienced professionals with numerous successes and the expert knowledge to aid investors who have fallen victim to such schemes. Here is a small guide for investors who have been deceived and would like to learn how to recover funds from a dishonest broker operation. 

STAGES OF THE RECOVERY PROCESS

Global Recovery Alliance provides  contingency planning not only for victims of investment fraud by dishonest brokers, but also for those who have fallen victim to other types of cybercrimes (i.e., phishing, marriage fraud, fraud against a bank employee, fraud via advertising websites, sales platforms, etc.). Consultations are free of charge, so it is worth confronting your situation with an expert in order to take steps towards recover your assets as soon as possible.