InvestFW – The investment service provider is, according to statements found on the company’s website, a service provider for online trading where customers can make use of different services. Accordingly, InvestFW takes care of CFD trading.

If you have invested capital with the provider InvestFW and now have complications with the repatriation, our lawyers will advise you in the entire German-speaking area.

InvestFW – customer-oriented online broker?

Currently, there is an extraordinarily high number of investment service providers such as InvestFW. This means that investing in the volatile financial markets has never been as easy but also as risky as it is today. Especially because there are many opportunities, choosing a provider can be time-consuming and intimidating. This is especially true if you want your investment to be in line with your individual investment plans.

Are you considering investing capital with InvestFW? In this case, the following aspects are important for you as an investor.

  • Access to cross-border exchanges is becoming more convenient and affordable for money investors through online investing.
  • With online trading, a large number of order types can be chosen.
  • State-regulated brokers on the internet, trustworthy websites, costs and commissions, quote options and ratings are just some of the features you would need to factor in when making your final choice.
  • A very good place to go for investors who want to learn about securities, futures, options and cryptocurrencies is a website like this one.

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

Checklist InvestFW: Check providers in advance

The following list serves to protect you from online brokers with dubious intentions.

  • Do not accept unsolicited investment recommendations from strangers via telephone solicitations or emails.
  • Ask yourself: What is the name of the person you want me to contact?
  • Find out as much as you can about the company and the goods you want to buy (search engines on the net, forums, online card services).
  • Do not use any remote maintenance software that gains access to your terminal equipment.
  • In which city is the company’s headquarters?
  • Identity theft is a problem: Please do not hand over a copy of your identity card. Fraudsters usually ask you to do this.
  • Is there a complete imprint on the homepage?

Are there risks involved in making payments to InvestFW abroad?

Is it to your advantage to transfer assets outside Europe? Consider carefully what you are doing. Many investors have already lost funds in this context. You may lose track of where your money is going and how it is invested. When money has been made available to a broker, it has happened many times that the online broker did not invest the amount of money received as specified or even not at all. There have also been cases where the company simply did not exist, although it was similar to InvestFW.

In addition to the regulated providers, there are countless dubious online trading websites where an almost identical procedure can be observed in the majority of cases. New investors are contacted by employees of the respective trading platform. For example, by telephone, if the new customer has provided non-binding contact information on the trading website. In countless cases, however, they are also contacted by mass e-mails. These entice the customer with seemingly lucrative investments.

The investor is promptly provided with his own broker, who guides him through the process of setting up a trading account and making the first deposits. The investor initially feels well supported and trading usually starts with smaller amounts. But shortly afterwards, larger investments are required – often to accounts located abroad. These transfers are intended to increase the potential profits. Problems with dubious online trading platforms finally arise when the investor demands repayment.

This is usually postponed further and further or linked to additional payments such as alleged taxes and brokerage commissions. In the past, the criminals only traded from unclear locations. Currently, they are operating from completely different locations such as the United Kingdom (including London), the Netherlands, Canada, the Kingdom of Spain, Dubai and others. For the vast majority of people, it is difficult to expose tricky methods.

Companies often receive email orders with very large order volumes that are disproportionate to the usual purchase amounts. In order to lure the German company, large promises of profits are used. However, the considerable order volume only serves as leverage in talks with the factory owner to demand correspondingly increased approval and registration costs. It is not always clear whether the recipient of this payment is also the customer of the products.

Regardless of all this, it can be assumed that companies operating abroad will not have to pay local tax on shipments to other countries in the near future. Check whether this also applies to investments with InvestFW.

Ponzi scheme definition

A pyramid scheme, or Ponzi scheme, is a type of fraud. In it, money is collected from new investors and then used to pay out money to the former aggrieved persons. The organisers of Ponzi schemes usually stress that they would invest your capital and reap huge returns without putting your money at risk. However, in many Ponzi schemes, the fraudsters do not actually invest the assets they receive. Instead, it is used to compensate people who paid in earlier.

This allows the perpetrators to keep some of the money for themselves. So pay attention to the risk-reward ratio in all investments – including InvestFW. Ponzi schemes need a steady inflow of new capital to keep running, as they have low or no actual income. Many of these structures fail when it becomes arduous to attract new investors or when a considerable number of investors drop out.

Assuming that you want to invest with an online broker like InvestFW, you should always act with caution. Indicators to watch out for include:

  • Risk-free returns with little or no volatility. Every investment carries some risk, and the riskier an investment is, the more likely it is to yield a high return.
  • Is there a problem with the documentation? If errors appear on your account statement, this may indicate that your capital is not being invested according to plan.
  • Selling without licensing: Investment professionals and firms must be licensed or registered in accordance with federal and state securities regulations. The vast majority of Ponzi schemes involve unlicensed individuals or firms.
  • Tactics that are difficult to detect. Keep your capital out of the stock market unless you know enough about it.
  • Overly predictable outcomes. Over time, investments tend to rise and fall. Any investment that consistently produces positive returns independent of market conditions should be evaluated with a high degree of doubt.
  • Deposits that are not reported to financial regulators. In most cases, Ponzi schemes are unregistered investments that are not supervised by government authorities such as Bafin.
  • The payment of returns does not work? If you do not receive any payments or find it difficult to cash out, you should be on your guard. Ponzi scheme operators may try to persuade participants to stay by promising even higher profits if they do not withdraw money.

Investment scams at a glance

You want to invest with InvestFW? In this case, you should find out all the elementary details about the company. Investment fraud is a special form of fraud. The criminal promises or deceives a large group of people about a profitable investment in the capital market. Capital investment fraud is sanctioned by a prison sentence of up to three years or a fine according to § 264a StGB. The following products and tactics may be considered as capital investment fraud:

  • Criminals use the brand name of the service provider InvestFW and clone the company
  • Participations in shares, funds and certificates
  • Participations in companies
  • Unsolicited telephone advertising calls, so-called cold calling

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

  1. Withdrawing or contesting contracts: Affected persons who have concluded a contract can withdraw or contest said contract in case of investment fraud.
  2. Involve the police and supervisory authorities via a legal expert: Against special fraudulent companies, police collective proceedings exist in the FRG and also in other countries. The police are authorised to have the bank accounts of the rip-off artists blocked and to secure the assets. Furthermore, the public prosecutor’s office becomes active.
  3. Retrieving money: If payments have been made via credit card, in many cases this can be retrieved by instructing a law firm. In the case of bank transfers from the current account, this can often be recovered by bank order.
  4. Claiming compensation: People who have been given incorrect advice can claim compensation from the investment adviser.

Recovery Scam: Absolute vigilance is required!

Anyone who has ever lost assets to a fraudulent investment platform knows how disastrous that can be. That alone is terrible enough. But in addition, the rip-off artists behind the bogus entity contact you by email or phone call within a very short time. This time, however, they do not pretend to be InvestFW brokers. Rather, they guarantee to provide assistance in recovering the stolen capital in exchange for an advance payment.

Many rip-off artists even seem to have been hired or engaged by trustworthy companies such as a tax authority. After stealing your personal information, the scammers often pose as good Samaritans. They assure to help you recover the stolen money. Even if you have invested money with a provider like InvestFW, your contact details may be stolen. Anyone who has lost an immense amount of money is usually desperate.

The criminals take advantage of people’s worry by calling themselves money recovery companies. They offer their services under the bogus pretext of assisting them to recover their money. This means they promise in a dubious manner that they will recover the lost money.

Repayment of investments with InvestFW: Increase your chances

If you have already made deposits with InvestFW and now want to reclaim them, there are different methods.

  1. If it is not possible to solve the problem with the service provider, it is possible to file a complaint with the responsible financial supervisory authority. This authority reviews the case and may order the investment service provider to pay a refund. The client then receives the money back from the service provider. Addresses for complaints can be, for example, financial supervisory authorities and the Financial Ombudsman.
  2. If the operators were to be arrested, claims of the investors who have suffered losses can be asserted in court proceedings. To this end, we take our clients through the so-called adhesion procedure. In this way, we can obtain court titles for our clients against the perpetrators. Often, these can then be enforced straight into the confiscated assets of the fraudsters.
  3. If there is a suspicion that the bank accounts into which our clients have paid are part of a money laundering scheme, these bank accounts can be blocked. Transfers to these bank accounts can then be reclaimed from the receiving bank.
  4. In the event that transactions have been made to foreign accounts, the foreign supervisory authorities and banking institutions can also be notified. As a result, they usually initiate their own investigations. This, too, has the intention of seizing sums of money in the bank accounts and then transferring them back to our clients.
  5. If an investigation by our lawyers would come to the conclusion that the provider has probably acted dishonestly, we file a criminal complaint with the competent criminal authorities on behalf of our client. Our law firm is in regular dialogue with public prosecutors who direct nationwide investigations. Often there are many hundreds or even thousands of aggrieved investors in these proceedings. The investigations also regularly extend to other EU countries. In the past few years, the public prosecutor’s offices have repeatedly achieved significant successes in their investigations.