Danny, a dentist from Chicago was hoping to make some more money trading binary options. So, he invested over $150,000 in a company that specialized in binary options, cryptocurrency and forex trading.
According to him, this was not his first online investment and he didn’t feel he was being swindled because these guys were very convincing. “They sounded very genuine and claimed to be operating in the United States” Danny explained.
The platform showed his money was growing but he couldn’t make withdrawals and he was asked to make more deposits to unlock his earnings. It was at this point he figured out he had been scammed.
This is a story many people are familiar with because they’ve either been called by these fraudulent companies to make investments or they have actually made investments with them and lost their money. Billions of dollars are lost to this fraudulent scheme yearly but the ones with the right information like Danny have been able to recover their money from this fraudulent scheme with the help of a Funds Recovery company and Private Investigator
The most crucial part of Danny’s story however is what happened after he was scammed.
He tried to communicate with the broker but wasn’t getting any response. So, he immediately reached out to his bank for a chargeback which was taking a lot of time to process.
A friend then helped him get a Private Investigator who could get the location of the perpetrators so as to hasten the process of the charge back.
He got in touch with one of the best private investigating firms in the united state who after examining his case not only provide him with the location but also helped him recover his lost funds. He discovered that the binary options company was based in Tel Aviv, Israel and not United States as the broker claimed. According to him, CHASESCAM the company he hired went above and beyond to help him recover his money. They ensured he got his money back.
In 2018 internet-enabled theft, fraud, and exploitation were responsible for a massive $2.7 billion in financial losses. A survey carried out by one poll for moneygram in 2019, it was discovered that only 1 in 10 Americans have been a victim of the various kinds of fraud. This goes to show a large percentage of Americans have been scammed but not all have had the privilege of recovering their money because they do not have the right information.
Here is a list of what you can do when you realized you’ve been scammed by an online investment company.
- Put together your documentations of the transaction. (transfer receipts and communications)
- Contact a fund recovery expert to put your through the process of getting your money back. CHASESCAM comes highly recommended.
- Contact your local authorities to make an official complaint.
- Follow the instructions of your fund recovery expert to ensure you get your money back.
- Make a report to your bank to begin a chargeback process.
Send us an e-mail if you have been a victim of online scam.