Goldmar – The supposed investment company Goldmar presented itself as a trading platform on its website The website is currently offline. If you have invested with Goldmar and there are problems with the payout, the lawyers of the Herfurtner law firm are available to help you in word and deed.

Goldmar – What is known about the online broker?

Currently, there is an extremely high number of investment service providers such as Goldmar. As a result, it has never been as easy but also risky as now to invest in the volatile financial markets. Mainly because there are a large number of options, choosing a financial service provider can be time-consuming and daunting. Especially if you want them to meet your particular investment needs. Are you considering investing with Goldmar? If so, the following aspects are relevant to you as an investor.

  • An ideal address for money investors who want to learn about securities, futures, binary options and cryptocurrencies is an online presence like this one.
  • With online trading, one can choose from a large number of order types.
  • Accessing the global stock markets becomes easier and more lucrative for money investors through online investing.

The following information is general advice for investors – regardless of the platform you invest in.

Goldmar – general risks and dangers of online trading

Just as the stock market and other financial markets face specific risks and dangers, so too is online trading vulnerable. As an investor, you should therefore examine Goldmar with regard to the following topics:

  • Insufficient knowledge of the offer
  • Risks and dangers associated with such offers, for example possible losing trades
  • Financial service providers who are not reputable
  • Risks and dangers arising from inaccurate or unqualified trading
  • The risks of online security

Minimise risk by looking at a proven track record when choosing a financial services provider. In this context, it is also essential that you are assured of 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 and their earnings, if any, are large.

As far as they have the perfect approach. There is one thing that everyone who starts trading should be aware of: The threat of losing more assets than deposited in the account of the provider Goldmar while trading on the stock market is always there.

Exclusive development potential with the service provider Goldmar?

Check how trustworthy the offer from Goldmar is. Is the interest rate provided to you exceptionally high? Can you make a lot of money with a few EUR? These offers are mainly nothing more than misleading. Be sure that lawbreakers are usually hiding behind these tempting offers. As a rule, nothing is invested in these investment offers. Check accordingly how serious the offer from Goldmar is. Frauds are often realised by tricksters in this way.

On the WWW, financial products that are supposedly profitable are advertised in prominent positions. The criminals postulate that they will earn a lot of money. At the beginning, the investment amounts are reasonably small. Those who sign up are contacted by a fictitious online broker or securities trader. The victims of the scam are then given access to an apparent investment software after depositing the money. Doubtful offers can also be identified by promises of returns that are conspicuously above the market average.

The risk of an investor losing investments also increases in direct proportion to the expected profit margin at Goldmar. One opportunity to find out about the usual market returns is the business sections of the daily newspapers or the website of the Deutsche Bundesbank. In the same way, you should treat advice for companies with exceptional potential for growth with caution. Low costs and minimal trading volumes make penny stocks, for example, extremely vulnerable to speculation and manipulation.

Protect yourself from monetary losses through pyramid schemes

A pyramid scheme, or Ponzi scheme, is a type of fraud. In it, funds are collected from new investors and next used to distribute money to the original victimised individuals. The organisers of Ponzi schemes often assure you that they would invest your assets and achieve substantial profits without putting your assets at risk. However, in many Ponzi schemes, the rip-off artists do not actually invest the money they receive.

Instead, it is used to pay off people who previously paid in. In this way, the perpetrators can keep some of the capital for themselves. So pay attention to the risk-reward ratio in all investments – including Goldmar. Ponzi schemes require a steady inflow of new money to keep running, as they have little or no real profits. Many of these structures fail when it becomes arduous to generate fresh money investors or when a considerable number of investors drop out.

In the event that you wish to invest in a company like Goldmar, you should always act with prudence. Signs to look out for include:

  • Overly predictable outcomes. Over time, investments tend to rise and fall. Any value investment that provides positive returns on an ongoing basis, regardless of market conditions, should be viewed with a high degree of doubt.
  • Is there a problem with the documentation? If there are errors on your account statement, it may be a signal that your capital is not being invested according to plan.
  • Selling without a licence: Investment professionals and firms must be licensed or registered in accordance with federal and state securities regulations. Most Ponzi schemes involve unlicensed people or firms.
  • Investments that are not registered with financial regulators. In most cases, Ponzi schemes are unregistered investments that are not supervised by government agencies such as Bafin.

Are there conditions attached to the payout?

Investors are very often wooed by an “online broker” or a call centre employee the moment they have registered on the alleged trading platform. The intention is to get the investor to increase his permanent investments in order to maximise profits. This is also a legitimate goal of the online broker Goldmar. Immediately after the investor has transferred his capital, the first profit developments will probably be shown on his user account.

This should encourage the investor to continuously invest in the financial instrument. However, website operators can use fraud software to simulate fake account changes and earnings, even without the client being aware of it.

Make sure that accounts can also be authenticated with Goldmar.

In reality, no trading takes place at all on many platforms. Instead, the money deposited is forwarded by the fraudsters to bank accounts abroad. This is not noticed by the investors at first. The “brokers” delay the payout beyond the stated earnings by demanding that investors pay what appear to be taxes and commission costs.

These scams only serve the purpose of increasing profits. Sooner or later, the contact breaks off completely. The money deposited is used up. From this point on, the only thing left to do is to go to a lawyer to take the necessary steps.

Lost investment & received an unsolicited offer of help shortly afterwards?

Anyone who has ever lost funds through a fraudulent investment platform knows how disastrous this can be. That alone is terrible enough. But in addition, the criminals behind the bogus scheme contact you by email or phone call within a short time. This time, however, they do not pose as Goldmar online brokers. Instead, they guarantee to help recover your lost money for a fee.

Many scammers even appear to have been hired or commissioned by reputable companies such as a financial regulator. After stealing your sensitive data, the perpetrators often pose as good Samaritans. They promise to help you recover the stolen money. Even if you have invested money with a service provider like Goldmar, your data may be stolen. Those who have lost a considerable amount of money are usually desperate.

The criminals take advantage of people’s worry by calling themselves money recovery service providers. They offer their services under the bogus pretext of helping them recover their assets. That is, they securitise in a dubious manner that they will recover the lost money.

Money back from Goldmar: Increase your chances of success with the help of lawyers

In order to be able to assess whether you have a claim to a refund against the broker Goldmar, it is always necessary to examine the individual case. The lawyers of the Herfurtner law firm will do this for you in the context of a free initial consultation. The starting point for this analysis is always the facts of the case as presented by you. In addition, similarities to comparable cases can often be drawn.

You therefore benefit from the extensive experience of our lawyers. After the complete evaluation of all documents and the legal classification, the approach is first and foremost directed against the provider Goldmar itself, should certain breaches of duty be verifiable. In order to be able to confirm those breaches of duty, the contract documents, the email correspondence and possibly also supplementary papers should be examined.

In addition, licensed online trading service providers are equally obliged to make and keep telephone records of conversations with buyers. Demanding the release of these records and subsequent review is equally an advisable and necessary step to enforce your claims.

By means of this evidence, customers’ claims can be enforced both in extrajudicial and judicial proceedings under civil law.

The banking institutions and crypto exchanges that are on the receiving end should also be brought into focus. Because the sums of money involved are often considerable, the question arises again and again as to whether the companies have fulfilled 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 case of the individual must be examined.

The same applies to the beneficiary on the receiving side, who is often not equivalent to the provider itself. Under certain conditions, the latter may also be held liable if breaches of duty can be proven.

After all civil law options have been exhausted, the procedure remains at the criminal law level if the suspicion of a criminal offence is substantiated. This requires contacting law enforcement agencies at home and abroad and coordinating further precautions.

In the meantime, many federal states have set up special departments for the topics of fraud offences in connection with online and crypto trading. The lawyers of the Herfurtner law firm are in constant contact with these departments. Last but not least, web hosts can also provide valuable information on the domain holder. However, contacting the providers, who are often located outside of Germany, is extremely cumbersome for the layperson.

Financial authorities in Germany and abroad are also valuable contact points for investors who have suffered losses. Apart from filing a complaint against the provider in question, which should protect even more potential buyers from financial investments, additional information can probably be obtained via the financial supervisory authorities as a source of information. In many cases, this information allows for a linkage of investigative proceedings in the FRG, Austria and Switzerland.