Goarbit – the company titled itself as a broker on the company website https://goarbit.com/. Goarbit offered its clients various services in the field of online trading. The website of the provider is currently no longer available.

You have invested with Goarbit and would like your capital back? The Herfurtner law firm will help you with any obstacles.

Goarbit – Experiences

Currently, there is an enormous number of online trading platforms such as Goarbit. This means that investing in the unpredictable financial markets has never been as easy but also as risky as it is now. Especially because there are so many options, choosing a broker can be time-consuming and frustrating. Especially if they are supposed to meet your investment needs.

Have you already invested with Goarbit? In this case, the following points are important for you as an investor.

  • Regulated online brokers, secure websites, fees and brokerage commissions, quote options and customer reviews are just selected features you would need to factor in when making your irrevocable decision.
  • An optimal address for money investors who want to get smart about securities, futures, binary options and crypto money is a web presence like this one.
  • In the trading section of www you can use a large amount of order types.
  • Access to the international financial markets is becoming more convenient and versatile for investors through online investments.

The following tips are general recommendations for investors – regardless of the platform you invest in.

Invest in Goarbit? Know all the risks and dangers of online trading beforehand

Just as the stock exchange and other financial markets are exposed to certain risks and dangers, so is online trading. As an investor, you should therefore check Goarbit with regard to the following topics:

  • Service providers who are not trustworthy
  • Risks arising from inaccurate or unqualified trading
  • Risks associated with the offering, such as potential losses
  • The risks and dangers of online security

Reduce the risk by looking for a proven track record when choosing an investment service provider. In this context, it is also important that you are guaranteed reliable money management. This is the only way you can comfortably navigate the internet trading arena. Investors who have a deft touch can definitely benefit from this, and their earnings are potentially large.

In the event that they have the ideal tactics. One thing everyone who starts trading should be aware of is that the risk of losing more investments than deposited into the provider Goarbit’s bank account when trading on the stock exchange always exists.

Does Goarbit have foreign bank accounts and require transfers?

Is it advantageous for you to transfer money to a country outside Europe? Pay close attention to what you are doing. Quite a few investors have already lost capital in this context. You may lose track of where your money is going and how it is invested. When capital has been provided to a provider, it has often happened that the provider did not invest the amount of money received as agreed or even not at all.

There have also been cases where the company simply did not exist, although it appeared in a similar way to Goarbit. Extending the trend of the former “Nigeria Connection”, a lot of mails from Africa (in English, so-called “scams”) are still circulating. These target institutions and private investors. Dubious messages are also reported from other African regions.

Previously, the scammers acted exclusively from dubious locations. Now they operate from completely different locations such as the United Kingdom (including London), the Netherlands, Canada, Spain, Dubai and others. It is challenging for the vast majority of people to identify tricky scams.

It is not uncommon for institutions to receive e-mail orders with very large order volumes that bear no relation to the normal purchase amounts. To lure the German company, they work with immense promises of profit. However, the enormous order volume functions solely as leverage in talks with the provider to demand correspondingly excessive registration and licensing costs.

It is not always clear whether the recipient of this payment is also the purchaser of the products. Irrespective of this, one can assume that companies that are active abroad will not have to pay regional tax on shipments to other countries in the foreseeable future. This usually also applies to investments in Goarbit.

Ponzi scheme – simply explained

A Ponzi scheme is a type of financial fraud. In this scheme, funds are pooled from new investors and then used to distribute money to the previous victims. The masterminds of Ponzi schemes often postulate that they will invest your capital and achieve huge profits without putting your money at risk. Nevertheless, in many Ponzi schemes, the fraudsters do not actually invest the capital they receive.

Rather, it is applied to pay off people who deposited earlier. This allows the criminals to keep some of the assets for themselves. So pay attention to the risk-reward ratio in all investments – including Goarbit. Ponzi schemes need a continued inflow of fresh assets to keep running, as they have low or no real income.

Many of these structures fail when it becomes difficult to generate new investors or when a significant number of investors drop out. In the event that you want to invest with an online broker like Goarbit, you should always act with prudence. Among the pointers you should watch out for are:

  • Strategies that are very difficult to identify. Keeping your money out of the stock market unless you know enough about it.
  • Overly predictable outcomes. Over time, financial investments tend to rise and fall. Any investment that consistently produces good returns detached from market conditions should be viewed with a high degree of scepticism.
  • The payment of returns does not work out? If you do not receive any payments or find it difficult to get paid out, you should be on your guard. The operators of pyramid schemes are probably trying to encourage participants to stay by promising even higher monetary gains if they do not withdraw any money.
  • Risk-free returns with little or no volatility. Every investment involves a certain amount of risk, and the riskier an investment is, the more likely it is to yield a high return.

Capital investment scams at a glance

You want to invest capital with Goarbit? Then you should find out all the important facts about the company. Investment fraud is a special form of fraud. The criminal guarantees or pretends a profitable capital investment on the capital market to a larger circle of people. Capital investment fraud is sanctioned according to § 264a StGB with a prison sentence of up to three years or with a fine.

The following services and strategies may be considered as capital investment fraud:

  • Boiler Room Scam, a cold call seeking capital investors by phone call
  • Scammers use the brand name of the provider Goarbit and clone the company
  • Participations in shares, funds and certificates
  • Participations in companies

Anyone who has fallen for investment fraudsters has very often invested a lot of capital. What can you do in case of investment fraud?

  1. Revoke or contest contracts: Affected persons who have concluded a contract can revoke or contest the same in case of investment fraud.
  2. Involve the police and the financial supervisory authority via a legal advisor: There are collective police proceedings against certain fraudulent companies in Germany and also abroad. The police are authorised to have the bank accounts of the fraudsters blocked and the money seized. In addition, the prosecuting authority is called in.
  3. Recovering assets: If payments have been made via credit card, this can be recovered in many cases by instructing a law firm. In the case of bank transfers from the current account, this can very often be recovered by bank order.
  4. Claim damages: People who were not correctly informed can claim damages from the investment advisor.

Recognise Recovery Scam: The scam after the investment scam – protect yourself

Anyone who has ever lost funds to a fraudulent investment platform knows how devastating it can be. That alone is bad enough. But in addition, the scammers behind the bogus model will contact you by email or phone in a manageable amount of time. This time, however, they do not pose as Goarbit online brokers.

Instead, they promise to help you recover your lost assets for a fee. Many rip-off artists even appear to have been hired or engaged by trusted institutions such as a financial authority. After stealing your personal information, the scammers often pose as good Samaritans. They promise to assist you in recovering the stolen money.

Even if you have invested money with a service provider like Goarbit, your contact details may be stolen. Those who have lost an immense amount of money are usually desperate. The criminals take advantage of people’s desperation by calling themselves “recovery companies”. They offer their services under the pretext of assisting them to recover their funds. That is, they securitise in a dubious manner that they will get back the lost capital.

Lawyers advise on Goarbit

Investors who have suffered losses with a service provider like Goarbit, or who have problems getting their winnings paid out, should first and foremost avoid making further deposits. Furthermore, it is highly advisable to seek legal advice and have them look into all the possibilities of getting your money back. It is important:

  • seek legal help
  • do not despair under any circumstances
  • react swiftly

Would you like to discuss the service provider Goarbit with us? Then our lawyers are at your disposal. Feel free to contact us to discuss the topic of Goarbit.