Cancri Jewelry – The alleged financial service provider Cancri Jewelry presents itself on its own homepage as an online broker.

If you have invested with the provider Cancri Jewelry and now have problems with the payout, the law firm Herfurtner will help you reliably and comprehensively.

Cancri Jewelry – Broker appraisal

Currently, there is a very high number of online trading platforms such as Cancri Jewelry. Thus, it has never been as easy but also risky as now to invest in the volatile financial markets. Especially because there are many options, choosing an online broker can be time-consuming and intimidating. Especially if you want it to meet your personal investment needs.

Have you already invested with Cancri Jewelry? If so, the following aspects are relevant to you as an investor.

  • A wide range of order types can be used in online trading.
  • A good address for investors who want to learn about shares, futures, options and cryptocurrencies is a homepage like this one.
  • Access to the global financial markets is made easier and more affordable for investors through online investing.

The following statements are general suggestions for investors – regardless of the platform in which you invest money.

Cancri Jewelry: Is it a serious trading platform?

Investors have a wide variety of investment options at their disposal, with reliable and questionable providers competing for their attention. There are many indications that a financial service as well as a product does not inspire confidence, and it is weighty to keep an eye on it. Here you can find out what details to look out for when investing your hard-earned money.

Banking, financial services and insurance companies such as Cancri Jewelry are only allowed to operate in the Federal Republic of Germany with state permission. The providers have obtained a licence, but this in no way means that the services sold are of excellent quality. In the event that a prospectus or information sheet approved by the Federal Financial Supervisory Authority has been published in advance, shares and investments may also be made available to the general public.

The prospectus or information sheet for the product offered may be lawful, which nevertheless does not mean that this is also certain. The Federal Financial Supervisory Authority simply ensures that prospectuses are complete, plausible and coherent. Cancri Jewelry’s prospectus or information sheet is by no means required in every case.

Before investing capital, consider your long-term plans and whether you have the monetary means to achieve them. Do not rush the process. Before you put your assets into a deposit, take time to weigh the pros and cons. Do not make a choice immediately, even if you have consulted with others.

Offer only for a limited time – also at Cancri Jewelry?

Do you feel the pressure of a tight deadline? Is the supplier baiting you with a special offer, but you are under pressure to make a decision quickly? This is not a good idea at all, because it is usually a feint. Don’t rush into anything You can not only get excellent offers now, but also invest with Cancri Jewelry in the future. To achieve their goal, criminals know exactly what to do.

They make an effort to obtain as much information as feasible about their target through cleverly worded questions. In addition, they ask about the constitution of the counterpart, for example whether he or she is home alone or whether he or she has capital Daheim. In addition, they use a tactic of “wait and see” to drive the person to despair.

You can keep your counterpart on the phone forever until he or she agrees to go to the financial institution and hand over money and other valuables to the fraudsters. In one of these scams, time pressure is imposed on the injured party. With that method, the victim is made not to pay attention to his own vigilance. Current support scams use the same method.

Since the contacted person’s computer is allegedly attacked by an extremely serious computer virus, the callers, presumably working on behalf of Microsoft or such a company as Cancri Jewelry, demand urgent payment for a maintenance contract in English with an Indian accent. The rip-off artists increase the pressure by threatening to make the targeted persons pay if their computer is infected and transmits the infections.

The big threat of unauthorised orders

Placing orders for transactions in securities without the account holder’s consent can sometimes lead to a surge in the price of certain stocks. This is especially true for open market transactions in illiquid foreign securities (over-the-counter trading). Therefore, remain sceptical if, with reference to supposedly lucrative transactions or profit announcements, you are instructed to disclose sensitive data about the investment at Cancri Jewelry completely without your consent.

At no time should you provide your IBAN, SWIFT code and other bank codes to a third party who is not known to you. Likewise, you should not disclose your bank account or custody account numbers and passwords. Do not give custody account records or securities statements from Cancri Jewelry to anyone you do not know. Callers posing as financial advisors, online brokers or financial regulatory staff are also dangerous.

Criteria of reliable online platforms

A variety of capital goods exist on fraudulent provider websites, which are persistently advertised in forums and social networks to lure capital investors. In addition, “multi-level marketing” is used to solicit new investors. In particular, the guarantee of immediate profitability is emphasised in the advertising. In order to start investing, a potential investor must first of all create a user account with the trading platform – as is the case with Cancri Jewelry.

Then the alleged online brokers contact the investor via a call centre and try to persuade him to pay large sums of money. The hopeful attitude of the money investors towards cybertrading is partly reinforced by the desire for future profits. Buyers are more willing to invest in the future if they see exactly the kind of results they want.

At this stage, investors are deceived by a corrupted trading algorithm about the true trend in stock market data and prices. Cancri Jewelry does not necessarily fall into this category. The perpetrators use their own biased price values in calculating profits. This means that the service provider has all the control over whether a profit is made or not.

Until the alleged profits are paid out, this scam will continue. When the time comes for the payout, the clients unexpectedly no longer have access to their accounts and the direct contacts associated with them. Most investors lose all their assets invested in such illegal trading, forcing them to contact a lawyer.

Recovery scam explained simply: correctly assessing providers for recovering funds

Anyone who has ever lost money to a fraudulent investment platform knows how devastating it can be. That alone is terrible enough. But on top of that, the scammers behind the bogus entity will contact you by email or phone within a short period of time. This time, however, they do not pretend to be online brokers of Cancri Jewelry.

Rather, they guarantee to provide assistance in recovering lost assets in exchange for an upfront payment. Many rip-off artists even appear to have been hired or engaged by trusted entities such as a tax authority. After stealing your personal information, the perpetrators often pose as good Samaritans. They promise to help you recover the stolen money.

Even if you have invested money with a provider like Cancri Jewelry, your data may be stolen. Those who have lost a considerable amount of money are usually desperate. Criminals take advantage of people’s concern by calling themselves “recovery companies”. They offer their services under the guise of helping them recover their assets. This means they guarantee in a dubious manner that they will recover the money lost.

Recovering payments from Cancri Jewelry: act quickly

In order to be able to assess whether you have a claim for a refund against the online broker Cancri Jewelry, it is always necessary to review your individual case. The lawyers of the Herfurtner law firm will do this for you in the context of a free initial consultation. The basis of this assessment is always the facts of the case as presented by you.

In addition, parallels can usually be drawn with similar cases. You therefore benefit from the extensive experience of our lawyers. After the entire examination of all documents and the legal classification, the action is first oriented against the supplier Cancri Jewelry itself, should certain breaches of duty be verifiable.

In order to be able to confirm such breaches of duty, the contract papers, the e-mail correspondence and possibly other documents should be examined. Furthermore, regulated online trading service providers are equally obliged to make and keep telephone records of conversations with clients. The request to hand over such documentation and the subsequent examination is also a sensible and necessary step in enforcing your claims.

With the help of this evidence, the buyer’s demands can be enforced both in out-of-court and in court proceedings.

The banking institutions and crypto exchanges that are on the receiving end should also be focused on here. Since the sums of money involved are often considerable, the question arises again and again as to whether the institutions have complied with their duties to provide information and their obligations under the Money Laundering Act.

It is not possible to make a general statement in this regard; rather, the individual case must be scrutinised. The same applies to the beneficiary on the recipient side, who is often not identical with the financial service provider itself. Under certain circumstances, claims may also be made against the financial service provider if breaches of duty can be proven.

After exhausting the options under civil law, there is still the option of proceeding under criminal law if the initial suspicion of an illegal act is substantiated. This requires contacting law enforcement agencies at home and abroad and coordinating further steps.

Many federal states have meanwhile set up special units for the subject areas of fraud offences in connection with online and crypto trading. The lawyers of the Herfurtner law firm are in regular contact with these units. It should not be forgotten that providers also supply useful information on the domain holder. However, contacting the web hosters, who are often based abroad, is extremely complicated for someone who is inexperienced.

Furthermore, financial supervisory authorities in Germany and abroad are useful sources of information for investors who have suffered losses. Apart from the complaint against the particular online trading provider, which is intended to protect other potential investors from investments, further information can be obtained from the financial authorities as sources of information. In many cases, these tips make it possible to link investigative work in the Federal Republic of Germany, Austria and Switzerland.