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SHIELD FORENSICS: BEST FUNDS/ASSET RECOVERY SERVICE PROVIDERS

ABOUT SHIELD FORENSICS

WHAT DO WE DO?

Shieldforensics.com are an international consulting firm specialising in the recovery of assets. The company’s HQ is in Israel butthey also have offices in the US, UK and Australia and focus primarily on Binary Options, Crypto Currencies, CFD’s and Forex Scams.

Read also: Types of Real Estate Scams and How to Avoid Them


Shield forensics has a culture which has carefully been cultivated to be trust oriented, practical and transparent to the populace at large. You might be wondering what is shield forensics all about? At shield, we are a consulting firm that prioritizes the recovery of financial assets that has been lost through defrauding, phishing and so on in trading.
The company is primed to help victims who tend to fall prey to unknown scammers on the web all year round. The magnitude of this type of financial fraud is staggering with tens of millions of victims every single year throughout the world. The company offer free consultation with an international client base serving the US, UK and Australia also.
With our huge database (if not the largest of its kind) which has been built through years of careful research and diligent compilation by our field experts, we have information relevant to all brokers involved in such scams. The company primarily deals with the recovery of financial assets such as scams involving Crypto-Currencies, Forex, Binary Options, and CFDs.

shield forensics


WHAT ISSUES DO WE TACKLE?
Found below is a concise information on the online unregulated broker scams handled at shield forensics

WHAT ISSUES DO WE TACKLE?
Found below is a concise information on the online unregulated broker scams handled at shield forensics
i. Forex Scams: With lot of trillions at play on a daily basis, it is quite easy to see how lucrative the forex market is and also a potential high risk venture if one isn’t well vast in its operations. This in turn gives rises to probable bogus brokers who would likely present mouth watering offers to innocent and naive investors and in no time get them ripped off of their savings. Forex scammers tend to target beginners or uneducated traders with promises of high returns and guaranteed profits with little or no risk.


ii. Crypto Currencies Scams: A cryptocurrency is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets. Bitcoin is generally considered the first decentralised cryptocurrency, since its launch in 2009 over 4,000 altcoins have been created. In 2018 losses from cryptocurrency-related crimes totalled to US$1.7 billion dollars. These fraudsters use old-fashioned methods including ponzi schemes where the cryptocurrency fraudsters use monies swindled from investors to pay out new investors while also manipulating currency prices illegally.

iii. Binary Options Scam: Binary options are a form of fixed-odds betting where a trade involves whether an event will happen or not, for example the price of an asset will rise, and the outcome is either ‘yes’ or ‘no’. The investor will see a return on their investment if they ‘win’ or ‘lose’ their full investment if they are incorrect.
Normally binary option fraudsters advertise on social media with ad links to what look like professionally designed websites.


iv. CFD Scams: A popular form of derivative trading is contract for difference (CFD), enabling you to speculate on fast-moving global financial markets to trade whether prices of shares, indices, commodities, currencies and treasuries will rise or fall. Normally these rogue CFD brokers will advertise with aggressive online ads promoting a millionaire’s lifestyle with only two hours of trading a day.By signing up with these unregulated brokers you are guaranteed to lose your funds and as CFD’s are unregulated in the US, it adds another layer of complexity to the process of recovering your funds.

See Also: Get your money back from scam


WE ARE CUSTOMER SATISFACTION ORIENTED
The aim of every business is to have a happy customer base and that is exactly what we are here for. We are properly equipped to meet the need of our clients as that is an act of value. How do we go about this?
Once a client who has been a victim of online scam contacts the help desk, we listen to the client’s complaints and offer specific recommendations. With the clients input we gather evidence and information to build up a case contacting the relevant fraud ‘broker’ and their bank directly to recover your monies or valuables. Given the experience and the hundreds of cases worked on against unregulated brokers, it may be possible they have recovered monies from the specific unregulated broker in the past. This will also shorten the timeframe of recovery of monies which generally can take from 2 months right up to 6 months for more complex cases.

PRICING
Shieldforensics.com offers an initial free consultation for those trying to recover funds.
The company don’t state the amount charged for a successful recovery of funds, the amount charged differs on a case by cases basis.
If Shieldforensics.com believe your case is valid and monies can be recovered, a fee is agreed upon with a shield consultant following the initial consultation.
When one chooses Shield Forensics, he is choosing the best helping hand out there in the industry with a professional team of experienced members, excellent history of recovery, and even more compelling customer support.

See Also: Free Fraud Recovery Services

WHAT DEFINES US?
Here at shield forensics, we are defined by our culture. That involves our daily activities of what we do and who we are. We pride ourselves in being very ethical in operations with various clients from across the globe because such interactions are the foundation upon which our identity is built. And in so doing we uphold the interests of stakeholders, partners and the communities around the world.


WE PRIDE OURSELVES ON TEAMWORK
The successes at shield forensics depends largely on the collective input and intelligences of our team members as they are seasoned professionals and have a shared vision which is “ a team on a mission to remedy this (financial fraud) problem”.


FLUID COMMUNICATION
At shield forensics we do it right and diligently. We maintain an open and honest communication line with clients and prospective clients who seek immediate consultation which comes at no charge at all. As all issues on our tables are usually one of a difficult occurrences we tend to face it with the required courage.


EASE AND EMPHATHY
We are well aware that clients have been through ordeals which they want to put behind them quickly and we listen with not just our ears but our hearts. We create an atmosphere which they can trust and rely on.

CONTACT
To get in contact with our service department at Shieldforensics.com, an email can be sent to Shieldforensics@tuta.io.

The company also offer an online registration form where you can tell your story and include relevant details such as name, number and email address.
As detailed the company have a so called ‘blacklist’ page on their website, which outlines the unregulated brokers they have recovered monies from – if your complaint is with regard to one of these unregulated brokers you can link your details and tell your story through this specific unregulated broker by clicking on the ‘broker’ name on the ‘blacklist’ page on the website.
The company don’t outline office hours on their website.

CONCLUSION:
Shieldforensics.com have one of the largest databases of listed unregulated brokers on the market, which they have successfully recovered monies from.
They have a wealth of experience in tackling both local and international fraudsters and are happy to tackle all cases however complex.
With very good online reviews their simplistic, emphatic and successful approach is a proven serum for the recovery of funds.

CONTACT: Get your money back guaranteed with shield forensics

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InvestMarkets Reviews 2021: Should You Trust this broker?

Reviews. Investors should do all they can to protect themselves from online scammers by researching about any broker and looking out for any signs of a scam. But even the most seasoned investors aren’t beyond the reach of scams.

InvestMarkets is a broker trading in forex and CFDs. It’s linked to the failing 24option. In fact, if you go to 24option right now and click on “Sign Up”, you’ll be prompted to create an account with InvestMarkets.

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They’re probably doing this because 24option has already been blacklisted from several markets.

Should you trust this well-known forex broker with your money? Read on to find out.

In case you have already lost your money, you can schedule a free consultation with us to learn how you can recover it.

Here’s what we know about InvestMarkets:

Overview of InvestMarkets

InvestMarkets is a well-known offshore CFD broker that uses the Scipio trading platform as well as MetaTrader 4. It’s an offshore trader, meaning it doesn’t accept clients within the European Economic area and other jurisdictions such as the UK, US, Australia, Canada, and British Columbia.

It’s owned and operated by Arvis Capital Limited, based in Belize City, in the Caribbean country of Belize. Toumpaka Limited, based in Limassol, Cyprus, acts as the payment agent and handles all its payment services.

InvestMarkets operates in several countries. Therefore, it’s available in several languages, including English, Spanish, Russian, Dutch, Portuguese, German, and Arabic. You can customize your trading account to denominate your money in either USD, EUR, or GBP.

InvestMarkets Account Types

For beginners, InvestMarkets provides a demo account with 100,000 virtual money in your preferred currency. You can test your investment strategies with the virtual funds before setting up a Live Account where you begin trading with real funds.

Live accounts start from $250, and you can select any of the four options (all of which get leverage of up to 1:500):

  • Basic – $250
  • Gold – $25,000
  • Platinum – $100,000
  • VIP – $250,000
Account types

You only have a week to try out the demo account, after which you’ll have to set up one of the four types of Live Accounts. Note that the forex broker doesn’t accept traders from the US or the EU.

Is InvestMarkets Regulated?

One of the most critical considerations for any trader when selecting a forex broker is their registration and regulatory status. Typically, government agencies such as the FCA in the UK, the FSB in South Africa, IIROC in Canada, and the CySEC in Cyprus provide oversight and regulate trading companies’ operations.

InvestMarkets’ regulatory status is a bit foggy. Arvis Company Limited, the investment firm that operates InvestMarkets, doesn’t seem to appear in CySEC’s books as a regulated company. Instead, it’s the broker’s payment processing partner, Toumpaka Limited, that is officially registered in Limassol, Cyprus.

On its website, InvestMarkets indicates that Arvis Capital Limited is a licensed investment firm by the IFSC (International Financial Services Commission). This is the official regulatory body of Belize. However, a quick check on the IFSC website shows that the investment firm isn’t in its current licensed companies’ database.

It’s sound investment advice to trade with licensed brokers to not run into problems when you try to withdraw your profits. Unregulated forex and CFD brokers pose greater investment risks since there’s almost no recourse in the loss of funds due to incompetence or dishonest trade practices.

InvestMarkets Scam - UnlicensedTransaction Fees

InvestMarkets accepts withdrawals and deposits via safe banking methods such as credit cards, wire transfers, Skrill, eWallets, and PerfectMoney, among others. However, it charges around 3.5% for credit cards and up to 30 GBP/EUR/USD for a wire transfer.

These are rather high fees in addition to other over-the-top demands and requirements. There’s an 80 EUR fee charged to trading accounts that have been inactive for two months.

After six months of inactivity, the fee jumps to 120 EUR, 500 EUR between six and twelve months, and 1000 EUR for more than 12 months. Reactivating your account will set you back 2,000 EUR.

InvestMarkets Review Conclusion: Should You Trust This Trading Company with Your Money?

You shouldn’t trust it. InvestMarkets is a scam.

One of the first signs of a scam or a risky venture is the company’s registration status. Licensing and regulatory bodies do a lot to help investors safeguard their funds. They also compel the financial organizations to provide deposits that would compensate investors in the event of insolvency or if they have to cease operations before they relinquish the investments.

InvestMarkets doesn’t seem to operate within any major regulatory authority since there isn’t any unquestionable evidence of regulation. This is a typical sign of a scam. In this case, no government agency would help you recover your money in the event of unfair losses.

Arvis Capital Limited has several other identical brokers, including 24option. This is synonymous with scammers who, when they lose the trust of traders, rebrand or switch to other brands to continue their operations.

Other common signs of forex trading scams include the presence of barriers, endless hoops, and extensive delays in withdrawing your money, as the trader below discovered.

Scam Complaint

For many trading companies, the requirements for making withdrawals are more stringent than the ones for making deposits due to security concerns. But when the company makes it overly difficult to withdraw your money or slaps you with hefty hidden fees, they are likely a scam.

A licensed forex broker cares about their reputation and the potential heat from regulatory bodies. Therefore, they are unlikely to frustrate or block your withdrawal requests.

What’s more, these so-called account managers from InvestMarkets will keep calling you to compel you to deposit funds. They may do this even months after you’ve stopped using the platform.

Once again, InvestMarkets is a sorry scam. Don’t waste your time, energy, or money here.

Have You Lost Money with InvestMarkets?

It’s getting incredibly difficult to distinguish between legit trading companies and scammers. There has been a marked increase in the number of legit trading platforms and companies. However, there’s also been an increase in the number of scammers hiding behind such platforms, ready to defraud honest investors.

Even the most experienced traders may occasionally fall into the traps of scams. If you have lost your money InvestMarkets.com or any other trading platform, we can help. Schedule a free consultation today to find out if you qualify for our no-win-no-fee guarantee.

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Marketrip Review: Is This a Scam?

Have you ever invested money online and lost it? Are you still passionate about forex trading but worried about losing your cash?  You’re not alone.

Forex trading is a goldmine, and everyone is trying to grab a share.

Read this in-depth Marketrip review to find out if it’s a safe place to invest your hard-earned cash or if it’s just a scam.

If you had tried Marketrip before and lost your money, schedule a free consultation with us. We have a team of knowledgeable and experienced professionals who will help you recover your lost money.

But first, here is everything you need to know about Marketrip.

A Candid Marketrip Review

Marketrip is a forex broker that came into this business in 2019. To date, the real owner of Marketrip remains unknown. Its website doesn’t mention anything to do with the ownership and location of the broker.

When trading or investing in online platforms, every detail matters. How will you invest your money on a platform where the owner is unknown?

Does this mean Marketrip is a scam? Find out more below.

Is Marketrip Legit?

Don’t rush to invest your money at Marketrip when you don’t even know what it is all about. Any online forex broker must be regulated by a reputable body.

Is Marketrip regulated by any financial body? Let’s find out more about the legitimacy of Marketrip.

An overview of Marketrip

Marketrip is an offshore forex broker trading in a wide range of assets such as stocks, indices, commodities, CFDs for cryptocurrencies, forex pairs, and many more.

It has various account types, including Silver, Basic, Gold and VIP among others. Banking can be done via wire transfers, Visa, Skrill, MasterCard, and Citi Bank.

The Bait: Some “Good” Features About Marketrip

Marketrip claims that it serves its customers uniquely.

However, do not fully rely on the information it puts up.

Here are more features that Marketrip uses to bait you:

1.   No deposit fees

You won’t be charged a cent when depositing into your Marketrip account.

However, the broker recommends that you check with your credit card company or bank to confirm any charges on money transfers. It still stands by the fact that you won’t get charged any deposit fees, unless your financial institution imposes a third-party charge.

2.   Education heavy platform

If you are a novice investor passionate about trading and investing online, Marketrip claims that it will hold your hand and walk with you to success.

It has tons of resources and tools that it uses as proof of this.

You can choose from a wide array of e-books available at Marketrip, both at novice and experienced levels.

You can also learn how to become an independent trader through video courses on the platform. No time to go through its informative articles? You can watch its tutorial videos on your mobile devices at any time and place.

And no, this does not justify its legitimacy. The people behind it know that being packed with educative material can easily fool people to believe it’s a valuable broker.

3.   Compatible platform

Marketrip wants you to have an easy time on its platform. That’s why it has optimized its platform to give you a seamless trading experience.

You can access it on any computer or mobile device. This means you can trade at any time and at any place you want. The site is also fully equipped with powerful tools like live date feeds and customized charts to help you reach your desired goals.

You have access to multiple assets, including cryptocurrencies, CFDs, and FX under a single wallet.

4.   Trading signals

Here’s one of the strangest features; Marketrip purports to have accurate trading signals. This is a blatant lie.

In fact, you need to subscribe to this service so that you can receive the signals.

In short, you’ll be paying money and receiving signals that will not help you in your trading experience. That can make you a frustrated trader.

Wait! There’s more.

Marketrip scam signals

Let us look at the other side of the coin. Is it safe to trade with Marketrip? Does it have a real owner and location? Does it have some negative reviews from its customers? Check this out:

The legality and location of Marketrip is questionable

Marketrip has no corporate identity; no one knows who owns or operates it and where it is located. There is nothing, not even a valid registration number, to guarantee its legality.

It is anonymous and unregulated. You all know how dangerous it is to trade or do any business with an anonymous person or company. In case of any problem or if you lose your money on such a site, you won’t have any legal protection.

Marketrip claims to be under St. Vincent and Grenadines’ (SVG’s) laws.

Marketrip Unregulated

However, this is a popular location for unlawful brokers.

There are no solid forex trade regulations in this region, which makes Marketrip a scam forex trader.

If you look at Marketrip’s terms and conditions, you will find no valuable information.

The only contact information provided by Marketrip is a phone number traced to the UK. But we all know it is possible to get a contact number of any country without being in that country, all thanks to technology.

No specified withdrawal method

Marketrip allows you to deposit money in several ways, including wire transfer and Skrill. It even goes ahead and claims that it does not charge any fee on deposits. This is just a way to encourage you to deposit more money in your account so that you can get scammed.

The broker does not offer any tangible information about withdrawals. In fact, there is no specified method to withdraw money other than a “withdraw funds” button on the site.

Here’s what a user said in Forex Peace Army:

Scam ComplaintMarketrip review conclusion: Is it a scam?

Yes, Marketrip is a scam.

Any novice player will rush to trade with Marketrip after being enticed by its educational tools and materials, mobile compatibility, and claims of accurate signals.

However, Marketrip gives you useless signals. Withdrawal is a pain. It exists in limbo. No legal identity. No regulation. In fact, it can disappear any time with your hard-earned money. Have nothing to do with this unregulated scam forex broker.

Are you a victim of Marketrip? Have you lost money to any forex scam? All is not lost. Book a free consultation with ShieldForensics. We can help you recover your money, fast.

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Credit Card Chargeback: Step By Step

What is a credit card chargeback?

It’s a credit card dispute. You can apply to your credit card company and dispute a transaction.

More specifically, a credit card chargeback is a feature of VISA and Mastercard credit cards that enable your bank to deal directly with the supplier’s bank to attempt to obtain a refund for the transaction in question. In a chargeback, your bank does not deal with the supplier (the person or merchant that you bought from). Rather, your bank deals directly with the supplier’s bank, which makes it possible to get a refund even if the supplier in question has gone bankrupt or refuses to give you a refund.

The Chargeback Process

As easy as a chargeback might sound, the process is far from being easy. Multiple parties are involved in the chargeback process, which might further delay the decision-making process. To make things easier for you, we use a step-by-step approach to illustrate the chargeback process in simple terms. Check out the link to avoid these scams:

Step 1 – Initiating a chargeback request

The first step of the chargeback process is to initiate a chargeback request with the issuer of your VISA card – most probably your bank. By now, you might have already contacted the relevant supplier to inform him of the dispute and the supplier might well have turned a blind eye to your claims or in a worst-case scenario, the supplier might have filed for a Chapter 11 and is no longer in operation. In any case, the first step is to call or contact your bank by any other means to provide the necessary details to your bank and initiate a chargeback to win back your money. 

Step 2 – Issuer reviews the chargeback request

As we discussed earlier, a chargeback request is handled by your card issuing institution and the supplier’s bank. As such, the issuing bank of your card will thoroughly investigate the matter from their side before taking any further actions. As you might have realized, there is nothing you can do to speed up this process as the investigation process will be entirely carried out by your bank. The good thing is that the card-issuing bank will, at most times, take the side of the consumer at this stage.

Step 3 – Issuer decides how to proceed

In the unlikely event that the card issuer has found the fault to be on your side, which we highlight as unlikely since the card issuer has very limited data at this stage, the issuer will decline your request. However, most of the time, the card issuer will do the exact opposite by granting you a conditional refund. Thereafter, the card issuer will contact the acquirer or the bank that is associated with the merchant’s account, to provide them with the chargeback data to investigate the matter further.

Step 4 – The supplier’s bank takes further action

The supplier’s bank notifies the supplier and then proceeds to approve the chargeback request on their own if clear signs of a dispute are present. However, the merchant has the option to challenge the chargeback request initiated by a cardholder on the premise the merchant has done everything right about delivering the product or service paid for by the consumer.

Step 5 – Merchant provides supporting documents

If the merchant believes that the chargeback request is illegal, or doesn’t apply to this specific transaction, the merchant will provide any proof that he has to his bank to block the chargeback request. At this stage, the acquirer, or the merchant’s bank, will send all the relevant documents and information to the issuer of your card to arrive at a final decision regarding the chargeback request. 

Step 6 – Issuer bank takes the final decision

It’s judgment day, and the issuer of your card will take into account all relevant information, including the documents submitted by the merchant, and decide whether your chargeback request is deemed fair. In case the issuer determines that your chargeback request was based on fairgrounds, you get to keep the conditional refund received earlier in the process. However, in the unfortunate event that the issuer bank determines the merchant has a fair and clear case, the case would be closed in favor of the merchant and the conditional refund issued to you earlier would then be reverted.  If new information emerges indicating a fraudulent activity by the merchant or information pointing that the merchant has not kept his side of the bargain in the transaction, the issuing bank of your card has the option to initiate a second chargeback request as well.

Warning to the wise

It is NOT an easy process for the unfamiliar. As straight forward as it might sound, chargeback requests take time to process and it’s vital to provide accurate information to your bank and to reply to the claims of the disputing company in order for you to win the chargeback. Specifically if you are dealing with a company that is well versed in the chargeback business and even more so if they are practicing dishonestly or unethically. In cases like these it will be close to impossible for a novice to succesfully win a chargeback.

Time to Call The Pro’s

That’s why there are professionals that offer there services with chargebacks Shieldforensics.com is the trusted name in chargeback services and fund recovery and you can get a free consultation by by filling out this form. One of our in-house experts will reach out to you to discuss your chargeback request, and as a personal advisor, your rep will guide you through the entire process by helping you find supporting documents, advising you on which documents to submit to your bank, and what and when to reply and ultimately get your money back into your bank account.

What’s Covered in a chargeback?

Among the things covered under chargebacks are the bankruptcy of a supplier or merchant, defective goods, non-delivery of paid for goods and services, clerical errors involving duplicate charges, and fraudulent transactions authorized on your card.

The good thing about a credit card chargeback is that it addresses any of your transactions completed from your VISA or Mastercard credit cards, regardless of what the item purchased was.

We warn you against being over-excited about this cool feature that you just learned.

A lot of individuals call us after they’ve already tried to raise a chargeback and have failed, at that point we can no longer help them. Visa and Mastercard both allow for a chargeback to be raised once. If it fails, your money is gone forever.

It’s not legal case

A Visa chargeback is not the legal procedure to claim your money by any stretch of the imagination, which means that there is no guarantee that your bank would be able to get a refund from your supplier’s bank. This is where it becomes tricky, and probably a reason why you should work with an experienced financial advisor to help you out in the process to get it done right the first time.

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Is Forex Trading A Good Idea?

Forex Trading can be a very risky investment, but can you make money doing it? 

In recent years Forex Trading has gained an almost cult following online, the question remains, can you make money in forex trading? And more importantly, should you risk your money trading on the Forex Market?

Can I Make Money Trading Forex? 

Noyou can not make money trading Forex. That is, if you are asking the question. The answer for most people will be a resounding no. This is because it takes years of training and education to embark on such a risky endeavor and even the most experienced traders can get hit very hard and end up losing their pants.

If you’ve searched the internet for ways to make money quickly in the financial markets, you’ve probably seen some ads for forex trading platforms. Some of these services offer truly insanely high returns. Can their claims of 100, 200, or even 300 percent in one-year claims be true? Can you really double your money overnight? Definitely not.

The more important question is, how likely is it that you will make any profit at all? 

We’re going to explain what the forex market is, how it works, and how you can make it work for you. We’ll also look at some of today’s most common forex scams, and point out the warning signs that you may be dealing with someone who doesn’t have your best interests at heart.

What is Forex?

Forex is short for “foreign exchange”, which means using money in one currency to purchase money in another currency. This may be familiar for any international travelers, whether you’re traveling between the US and Canada or between the UK and continental Europe you will require a different currency to be able to get by. But can you make money while buying and selling foreign currency? And if so, how? 

The Basics Behind Foreign Currency Trading 

There are two reasons a person or organization might want to invest in foreign currencies.

Using Foreign Exchange as a Hedge

This isn’t a common concern for individuals, but many corporations and most governments hold some of their assets in the form of foreign currency. This is especially common in countries like Russia, which has a volatile currency – and therefore holds more US dollars in reserve than any other country. In this way, the Russian government is guaranteeing that they have a way to pay their bills if the Russian Ruble suddenly takes an unexpected nosedive.

For most people, this is something that will never affect them. The average person barely has enough savings in their own currency, and setting up a separate savings account in a foreign currency would be a useless ordeal. However, for governments and large corporations keeping Forex is essential for the upkeep of their businesses.

Speculating on Foreign Exchange Rates

When most people talk about trading on the forex market, they’re talking about trading foreign currency as a speculative investment, similar to investing in the stock market. This can be profitable because currencies are constantly being exchanged at different rates.

For example, suppose today’s exchange rate for US dollars to British pounds was 2:1. An American investor could spend $1,000 to purchase £500. Then the US investor would wait until the exchange rate becomes more favorable to him. Suppose in a month the rate becomes 2.5:1. The US investors would then sell the £500 for $1250, earning a cool 25 percent profit (minus any exchange fees).

Many institutional investors already do this. Major finance companies like Goldman Sachs and Merrill Lynch have entire branches that specialize in forex trading. And many brokers will offer forex trading services to individual investors.

Here’s where the trouble starts. Foreign exchange is what economists call a negative-sum game. Unlike the stock market, which trends upwards over time, exchange rates are constantly in flux, and central banks have a strong incentive to keep them from moving too far in any one direction. Because of this, every forex trade has a winner and a loser. Worse, both parties end up paying exchange fees.

So how do banks make money this way?

They do it with teams of highly-paid analysts who are constantly working on short-term trades that are based on current economic conditions. As an individual, you don’t have these resources. Rest assured, the big institutional investors are smarter and better informed than you are, meaning that they’ll enjoy the majority of “wins” in the system, leaving smaller investors as the “losers”.

This isn’t to say you can’t make money in foreign exchange trades. It just means that it’s an uphill climb for a person with a day job to put in enough work in their off time to understand the market. As long as you’re comfortable with the risks and willing to do your homework, it can be worthwhile. Just make sure to limit your investments, and not to invest more than you’re willing to lose.

Common Forex Scams (And How to Avoid Them)

Another risk that individual investors face is the proliferation of online forex trading scams. There are so many of these scams that in 2008 the U.S. Commodity Futures Trading Commission (CFTC) established a dedicated task force to address the issue. Since then, despite the best efforts of authorities the world over, these scams have continued to proliferate.

Here are four of the most common scams.

Signal Sellers

Signal sellers are people who claim to be market analysts. They offer to send you lists of currency trades along with direction, entry price, stop loss, and target levels. In theory, this sounds attractive. Why not gain the same sort of insights that power the big banks’ profit machines?

Because a lot of them are scams.

We’re not saying every signal seller is a con artist. But there are a couple of things you’ll want to look at before you trust one.

First, beware of signal sellers who work for free, but require you to use a particular broker. These signal sellers earn a kickback from the broker every time you make a trade. As a result, they’re not concerned with how good their advice is, they’re just concerned with how many trades they can convince you to make. An honest signal seller will charge a flat fee for their advice, and won’t care who your broker is.

Secondly, verify your signal seller’s advice. Many reputable foreign exchange brokers offer the option to perform free “practice” trades with fake money. Take your signal seller’s trade advice for a virtual test drive. If it turns out at the end of a month that you would have turned a profit, you’ve found an honest – and competent – signal seller.

Robot Scams

“Robots”, in this context, means computer software that executes trades automatically, even while you sleep. The attraction here is obvious. “You mean I can make money while I’m in bed? Shut up and take my money!” As usual, if it sounds too good to be true, it probably is.

Much like the case of signal sellers, not all robots are scams. Major banks use computer software to automatically make billions of dollars in trades every day. But many of these robots are either not as good as advertised or are outright scams. Here are a few things to look out for.

Beware of unrealistic claims. We’ve seen forex robots that claim to earn a 300 percent profit in under a year. There’s not an investment on planet Earth that can earn that kind of return. Look for realistic numbers, not fantasies.

Find out what broker the robot trades through. Many unregistered forex brokers offer robots. Ensure that your robot’s broker is regulated before you send them a single penny. Here’s a list of regulated forex brokers throughout the world, along with a list of known fraudsters.

Dishonest Brokers

Not all brokers deal with regulated trades. As a matter of fact, the majority of forex trades are spot trades, and those types of trades are completely unregulated. So how do you know if your broker is reliable?

The best way is to work with a broker who’s already authorized to perform stock trades. In the US, they would be regulated by the SEC and FINRA. In the UK, they would be regulated by FCA. These brokers are most likely to be honest because although their forex trades are unregulated they don’t want to risk losing their stock broker’s license over accusations of improper behavior.

Phony Funds and Ponzi Schemes

Another common foreign exchange scam is the phony fund. Basically, these are online funds that don’t really exist. You send them your money, and you never hear from them again. If you call them, they’ve never heard of you.

How do you avoid these types of scams? Simply avoid funds that are based in high-risk countries. The biggest offenders are Belize, Vanuatu, and Estonia. These countries are notorious for turning a blind eye to this kind of scam, so criminals feel comfortable operating inside their borders. These scams are rare in the US, UK, and Canada because anyone who blatantly stole people’s money like that would quickly end up in prison.

A related scam is the Ponzi scheme, where the “fund” skims money off the top and pays off anyone who wants to cash out with payments from new investors. There are two warning signs that a fund is running a Ponzi scheme.

First, they promise unrealistic rates of return. Ponzi scammers lure in new investors by promising ludicrous return rates, counting on their unrealistic promises to continue drawing in more money.

Second, they don’t want you to withdraw your money. If you want to withdraw part of your investment and your fund says anything other than “Check or wire transfer?”, you’re probably dealing with a Ponzi scheme.

What Can I Do if I’ve Been Scammed?

If you’ve been swindled by a forex scammer, it’s not too late. While you may need to go to court if you’ve paid them by cash or check – good luck suing a con artist in Belize – credit card and bank transfer payments are more common, since they allow easy transfer of funds from country to country. In this case, you can simply have your bank or credit card company issue a chargeback to recover your money. This can be a complex, time-consuming, and intimidating process for the average person. Shieldforensics has been getting people’s money back for years. Contact us for a free consultation. We recover your money or you owe us nothing. It’s that simple.

real estate scams
Types of Real Estate Scams and how to avoid them

The real estate business has become the primary target for scams, from real estate seminar scams to wire payment fraud. Homeowners have lost billions of dollars per year from various real estate scams. Yes, there are many types of real estate scams that even become four-direction threats. Since they may differ from each other, there are also different ways to avoid them.
These are some common real estate scams you need to know and tips to avoid them for good.

Investment Scams

Investment scam is a popular type of real estate scams with a massive number of victims. This type of real estate scam happens in two ways: lending scams and condition scams.
Lending scams refer to alternative mortgage loans. Lenders with no license provide the loans using private funding. This type of loan comes with high-trapping lending fees, which is usually unclear upfront. Condition scams refer to real estate scams where the agent appraises the property’s value at a much higher value than its condition. Agents typically do this because buyers are in the distance and unable to visit/check the property in person.

See Also: Looking for a trusted Escrow Service? Try fiscalescrow today.

How To Avoid:

When it comes to real estate investment scams or lending scams, you need to reference a lender. If you want to pick one on your own, choose someone you can meet in person for a thorough interview. Whenever you want to use an online lending service, choose the reputable one. And do your research on the site and the local listing service.
On the other hand, buying properties without checking the physical condition isn’t advisable. At least, you need to hire a trusted appraiser to inspect and value the property you want to buy as the second opinion.

Payment Fraud

Another typical real estate scam is payment fraud, where the real estate agent scams take a role as an escrow company and send you faulty instructions to make a payment over real estate to their account. They’re real estate impostors of established agencies or brokers. Today, these fraudsters fake up websites of reputable brokers, real estate companies, and other property dealers.
They may also use a copycat email and phone number to personally contact and convince you with impressive real estate buy your house scam offers. You may need to transfer typically for down payment following their instruction. They’d get you if you follow the instructions and transfer the fund. In other cases, some fraudsters are even able to intercept communication between buyer and seller, so instead of moving money to the agency/seller, you’re sending the fund to the fraudster’s account.

How To Avoid:

Real Estate payment fraud and Meier real estate scam can be very convincing and strike accurately. At this point, you should always verify all payment instructions by referring to the written documents.

Read also: Cryptocurrency Fraud – How it happens and how to fight it.

Loan Refinance Scam

Mortgage lenders mostly play this kind of real estate deed scams. They would typically drive homeowners to refinance their home credit and to take other principles. Each time the homeowner refinancing their mortgage, they’d usually become a borrower, and these predator lenders would charge high interest and fees to trap them with high loan payments. Once you get scammed with this scheme, it strikes your finance, and you’d hardly come out from the trap.

How to avoid:

Once you’ve completed refinancing your mortgage, there’s no need to make another batch anyway. If you have no specific requirement to refinance your mortgage, it’s unnecessary to take a new one. On the other hand, if you need to refinance your credit, always use reputable lenders or banks only. Ensure that you have all essential information, including fees, interest, penalties, and so forth. Read all written documents and seek clarity on anything that bothers your mind.

Mortgage Relief Scam

Mortgage payments can be challenging for many people’s finances after a while. Indeed, many of them resort to desperate measures to keep their property. Scammers look at the database and start offering mortgage relief to take advantage of this condition. Scammers would claim themselves as the government-affiliated officer and such fake mortgage relief programs. They’d then charge thousands of dollars for processing fees that they’re tricking the homeowners. While it looks convincing, it’s easy to recognize these real estate scams in 2019 for sure. These scammers would prohibit you from calling your current lender for whatever reason.

How to avoid :

Mortgage relief scammers are everywhere and appear to be a solution to your current mortgage, but they’re not. If you’re facing financial difficulties in paying your mortgage, it’s wiser to discuss it with your loan officer and take the counseling session with them. You can request a rollover whenever it’s suitable for your financial condition now and in the future.

See Also: Get your money back guaranteed with shield forensics

Rental Scams

It’s not only property owners, but renters have also become the target of scammers. They usually put fake property rental listings on social media platforms or local listing sites. As expected, they don’t have property or connection to the actual owner or real estate agency. They lure you with cheap rent prices and other services but require you with a down payment as a deposit before you can visit the property. Once you’ve transferred the money, you’d be unable to contact them anymore, and they’re vanishing.

How to Avoid:

Whenever you’re looking for a property to rent, don’t pay anything before you can visit the property and check the paperwork in person. Use the local appraiser and trusted website only to help you find a legit option. If you find the listing online, you can search the image reversely(searching by image) to see whether it’s an original listing or a copycat.

Conclusion

You should know that real estate investor scams come in various forms and modes. People are generally falling into scams as they can’t take some time to check details and question offers. It’s always advisable to check the real property and documents in person before making any payment. You can make use of our tips above to avoid different types of real estate scams targeting your hard-earned money.

Are you a recent victim of real estate scam and need professional help?

See Also: Get your money back guaranteed with shield forensics

See Also: Looking for a trusted Escrow Service? Try fiscalescrow today.

crypto fraud
CRYPTOCURRENCY FRAUD – HOW IT HAPPENS AND HOW TO FIGHT IT

Ever since the launch of the first cryptocurrency, the entire industry has been embroiled in controversy. There is no denying that crypto is the cause of hundreds of rags-to-riches stories. But ,there is also an equal number of stories about cryptocurrency fraud. Also stories exist on how it has enabled scammers to make millions from unsuspecting investors and buyers. The profit potential of the market always draws people in. However.  if you truly want to real its benefits, you have to know how cryptocurrency fraud happens. And, how you can avoid it. If you are unable to do that, you will end up losing your hard-earned money.

Let’s take a look at how cryptocurrency frauds happen and how they can be avoided:

See Also: Looking for a trusted Escrow Service? Try fiscalescrow today.

  • Fake crypto investment platforms

One of the easiest ways for scammers to commit cryptocurrency fraud is through fake websites or mobile apps. A lot of these software are out there. Because they resemble authentic crypto websites or apps, a lot of people don’t look too closely and fall into their trap. However, there are ways for people to identify such websites, which include checking the URL of a website to ensure it has ‘https’ in the site address and there is a lock icon next to it. Similarly, you should ensure there are no changes in the URL at all.

As far as mobile apps are concerned, scammers make fake apps that have similar names and user interface as the authentic ones. Before entering your log-in credentials on any platform, you should ensure whether the app or website is secure or not.

  • Giveaway scams through social media networks

Misleading tweets on Twitter, posts on Facebook or giveaways on Instagram can also be used to commit cryptocurrency fraud. If you come across a social media post that offers a cryptocurrency deal, which seems too good to be true, the chances are that it is fake. Even influencers will advertise giveaway schemes, asking you to send a little crypto to the address provided, and they will send you five times more. This is just another elaborate fraud.

  • Scamming emails, technical support, phishing and impersonation scams

These are some of the most common ways to commit cryptocurrency fraud and most people have come across it at least once. Everyone gets a lot of spam emails or calls that are impersonating an officer from your bank. Their aim is to fish out your sensitive information, such as login credentials. As far as cryptocurrency is concerned, scammers pretend to be from your legitimate crypto wallet or platform and have identical branding and logos. They usually comprise of malicious files or links, so you should always avoid clicking on a link inside such messages or emails.

In fact, some cryptocurrency frauds go as far as announcing fake initial coin offerings, or ICOs, for stealing funds. You should never fall for these fake website offers and should take some time to go over the details. It is also recommended that you never share your passwords or security codes and make use of 2-FA (two-factor authentication). Ignore outbound calls asking for your confidential personal information because it is possible for scammers to poof legitimate phone numbers. Never give remote access to your device to anyone.

  • Investment frauds

Another common cryptocurrency fraud involves scammers setting up seemingly legitimate platforms, which claim to offer mostly unrealistic and high returns in exchange for sending cryptocurrencies. In such situations, you should be skeptical because the returns are mostly unrealistic. You should always send cryptocurrencies to trusted and known third parties only. If you contact someone new, research the exchange or organization thoroughly before trusting them with anything.

  • Initial Coin Offerings (ICOs)

Similar to how IPOs work in the stock market, ICOs, or initial coin offerings, are essentially fundraising mechanisms that are used for newly launched cryptocurrencies. Those who invest in ICOs are given tokens in the new venture. Billions of dollars are poured into ICOs on a yearly basis, but not all ICOs are legitimate. Some scammers have used them to commit cryptocurrency fraud and investors later discover that these ICOs don’t have any technology or real business plan behind them. Therefore, you need to be extremely cautious before investing in ICOs, regardless of how great promises they make.

  • Unregulated exchanges and brokers

There are hundreds of unregulated online brokerage firms and exchanges that offer cryptocurrencies and other crypto trading products. But, these are also a way of committing cryptocurrency fraud, so it is essential for people to be wary of too-good-to-be-true promotions and promises of get-rich quick schemes because this could be just another cryptocurrency fraud. Once you have invested money in such firms, they will charge you outrageous commissions and can also make it immensely difficult for people to withdraw funds. In the worst-case scenario, these unregulated brokers and exchanges will steal your money.

  • Mining frauds

It is possible for any regular investor to mine cryptocurrencies through cloud mining, which can work without expensive hardware. There are many cloud mining services that allow users to rent server space at a fixed cost for mining altcoins. This can come off as a very lucrative option for mining altcoins while sitting at home and not having to invest in hardware. However, you should bear in mind that not all of these services are genuine and you could end up becoming a victim of cryptocurrency fraud.

How can you identify the frauds? One way to go about it is to see if they are making any lofty promises. The fraud ones tend to make promises of high returns on your investment and don’t mention any hidden fee that might be applicable on the returns. Moreover, their systems are smart enough to keep on sucking money from the unsuspecting investors.

You should always be vigilant when you are investing in the crypto industry in order to avoid becoming a victim of any kind of cryptocurrency fraud.

See Also: Get your money back guaranteed with shield forensics

investment scams
The Best Ways To Recover From Scam Investments

Being a victim of scam investments is a mind-numbing experience. There are Ways to recover from real estate scams, for example. A lot of people give up because of the lengthy process and don’t know where to start. Recovery from scam investment is challenging but possible. Check the best ways to recover from the scam investment below.

Bank’s Reimbursement

When fraudulent transactions that involve your financial account occurs, we highly recommend you contact your bank first. Banks must protect their clients against fraudulent transactions. However, it will depend on the payment method of fraud cases.Bank Transfer: Banks may be able to recover your funds when someone tricks or forces you to transfer money to investment scams.

Credit Card:

Contact your credit card issuer, immediately you suspect a scam by an investment company using your credit card information. Credit card payments have protection and liability against fraudulent transactions. Even though it doesn’t guarantee a direct recovery, contacting the card issuer allows you to get the solution sooner.

Debit Card:

If you make the payment with a credit card, you can request a card issuer or the bank’s chargeback. They will proceed with recovery through the card network or other bank(if the scammer’s account is in another bank). The sooner you contact the bank, the higher chance you can fully recover your lost money.

Unauthorized Payment: When someone retrieves funds from your account without your authorization, contact the bank immediately. The bank will reimburse your lost money. If they ignore the complaint, you can follow up with the Ombudsman.

Scam Investments and Fraud Recovery Expert

There are scam and fraud recovery companies that can help you Recover Your Funds from Unregulated Investment Scams, especially in the chargeback process. They also investigative and carry out forensic procedures to help you structure your chargeback request. Firms with experience in recovery know how to build proper chronology that contains truth and is convincing. You can request a payment you did not authorize. Use a third party mandate to assign the firm for taking care of your reimbursement from the bank.
However, there are various recovery firms available out there, and not all of them are reliable. Get a proper recommendation over a fraud recovery firm or do your research on them, especially about the success rate, client’s experience, price, etc. Finally, you need to find one you trust because you provide them with an attorney’s right to take care of your financial accounts. Do you want to know how I can help you to recover your losses in a few days? Beware of fraud recovery scams that impose a legitimate service but stealing your information.

Legal Support

Whenever a fraudulent investment company scams you and chargeback or recovery attempts result in nothing, consider legal support. Fraud attorneys provide prosecution and defense services. They legally support you against the fraudsters in the court and hope to reclaim your lost money. If the subject is in the reach of the law where you’re residing, you get reliable legal support to contest your case.

However, not all lawyers specialize in handling fraud cases. You need to find attorneys with a strong background in fraud cases and always check their portfolios. When looking for legal support from a fraud attorney, make an initial consultation. Also, make things clear up front whether they can help you and how far they will involve themselves in your case.

Making A Report

Depending on where you live, each country may have its investment regulatory authority. Legitimate investment companies can register in those bodies. If the company that has scammed you is registered, then you can make a report to them. The authority would assess your account thoroughly. They will review the data you provide first. Next, they send Criminal investment scams to police for further investigation.

Take note that during the assessment process, you will answer some questions. The questions are to help build the background of the fraud case. At this point, you’d need to properly prepare documentation, screenshot, digital & non-digital evidence to support your fraud report.

See Also: Looking for a trusted Escrow Service? Try fiscalescrow today.

Ethical Hacking Platform

There are pro ethical hackers committing fraudsters and scammers. Some of these hackers are in the community that helps people to recover their money from fraud investment. Ethical hackers refer to hacking practitioners that use the white-hat method to conduct a system auditing. When helping investment scam victims, these hackers use particular hacking approaches to reverse the transaction so you can get your money back.

Unlike using a recovery firm’s service, ethical hacking firms may not work with the bank, card issuer, or card network. They might not guarantee a full recovery, but they may provide you with valuable data or information for your effort. If you’re considering using this service, it’s highly advisable to get a recommendation or preference.

Making Legitimate Investment

Sometimes, the cure for being scammed for fake investment is to do the legitimate one. We all know that being a victim of a scam affects financial and emotional conditions. If your financial situation allows, you may consider making a new investment to recover from your former loss. This time, use a respective broker or investment company and start to build your assets.

Emotional and Financial Support

What if you could recover the money you lost from scam investments? ways to recover from various scams and get a reliable solution. Recovering from a scam investments is also about finding the right support for your condition, especially for emotion and finance. A recovery process could be time-consuming and exhausting for scam investment victims. A chargeback process can go up to 90 days, depending on the case. However, there are chances where you can’t get a refund over your loss from a scam investment. Don’t give up, and be consistent with your efforts. That’s why finding relevant support through these challenging times is significant for recovery itself.

See Also: Looking for a trusted Escrow Service? Try fiscalescrow today.

scam, hacker, security, online scam
How to recover money from a scammer

Are you a victim of a scam, have you been ripped off by a scammer and desperately trying to find a way of getting your money back? You are at the right place! In this post, we are going to show you the effective steps to take once you have been scammed that will enable you to recover your money back.

See Also: Get your money back guaranteed with shield forensics

But before we process, have it at the back of your mind that there is every tendency that you will not get your stolen funds back, depending on the type of transaction, that is, how you were scammed. But relax, there is always a solution and a better approach to every scam situation.

It is somewhat shameful to admit that you fell for a scam, especially when you are educated and affluent. Nobody wants to be looked down on like a fool or careless crypto user, but in reality, it is the immediate steps you take after you have been scammed that will determine whether you will recover your money or not.

If you have been very unfortunate enough to have fallen for scammer’s clever tricks, this guide has been developed to give you tips that will hopefully help you in recovering your money back.

See Also: Looking for a trusted Escrow Service? Try fiscalescrow today.

So how do I really recover money from a scammer?

One of the immediate and crucial steps to take after you have been scammed is to notify the proper authorities as soon as possible for help recovering lost funds. This is not only effective but also a way you can help others not to fall for the same trap that you have learned lessons from already.

You would be lucky if the scammer used the identity of a legitimate business or government agency because you can contact them. It should not be a new thing to you that the names and reputations of these legitimate businesses are being used to swindle people.

The main point is that if you want to recover your money that has been stolen, the most effective step is to tell someone. You cant do it alone, and even if you can, you are not in the right state of mind to do so.

Who you contact about your stolen funds will now determine your progress on recovering your money. The last thing you want is to contact a scammer who is possing an agency that can help you recover your stolen funds and then end up ripping you off and destroying your fight spirit.

The longer you wait to tell someone, the harder it will be to minimize the fallout and successfully recover. While you may want to share the situation with your friends and family, you should contact a trusted fund recovery company that will not only help you recover your stolen funds but also offer financial and emotional guidance. This is the point where we come into play to be your savior of the day.

At “Funds Recovery”, We know how to recover your funds and we have helped thousands of scam victims worldwide to recover their funds. No matter how complex your situation is, we have a solution for you. Remember, an effective step you should take to recover your lost funds is to contact someone! And we have positioned our team as the number one trusted fund recovery company that you can trust. Contact us today before it is too late.

See Also: Get your money back guaranteed with shield forensics

conclusion of the contract, handshake, trade
How to recover my lost funds from binary options

You are here because you want to recover your lost funds from the binary option, or perhaps, you are searching for information that will help a friend or loved one recover his or her lost funds from the binary options. Whatever the case may be, this is the right guide for you because we are going to show you the right procedures involved in funds recovery from binary options.

See Also: Looking for a trusted Escrow Service? Try fiscalescrow today.

There is no doubt that binary options scams are real and more people fall for deceptive scammers trick. If you among those people who have lost their hard-earned money through these binary options Tradings, it may seem like you only have fewer options for funds recovery.

You should not be scared of binary options scams because the truth is that they can be easily identified. I consider some testimonies on forums fake sometimes. You don’t need to have dozens of scam victimization before you become an expert in identifying scammers on binary options.

You should also be able to wonder why an organization or a Legit Freelancer will make use of vulnerable mailing services that bring out their vulnerabilities. It pretty much explains their ingenuousness. But f you are just realizing this, and perhaps, you have learned it the hard way, this post will show you how you can recover your money back from the binary option.

See Also: Get your money back guaranteed with shield forensics

Is there help for recovering lost money from binary options?

The answer is YES. But who you consult matters too. We strongly believe that anyone who claims to be able to help you recover your money would be LEGIT hackers. This is what we strongly believe because most Binary option companies are a scam, pretty much explains that they have weak Database security.

But there is another easy way that users can get their money back and it is called ChargeBack. Have you heard of Chargeback? It is an effective way to claim your money back directly using your card issuer or bank.

When using Chargeback, you are making direct contact with your card issuer and back and they will deal with the company that ripped you off in terms of communication and all. This simply implies that you do not have to deal directly with the binary options company that scammed you directly.

When using chargeback to recover lost funds from binary options, there is every possibility that you will get a refund because you are favored as the customer issuing a chargeback. Since your bank is going to be taking your side, they will communicate with the binary options that scammed you and request proof that quality service was offered. If you still find it difficult and a little bit complex to hand all these yourself, you can always contact the “Funds recovery” team for further guidance. Remember, the earlier the better.

See Also: Looking for a trusted Escrow Service? Try fiscalescrow today.


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