Oilgrain Corporative – the company described itself on its own website https://www.oilgrain-corp.net/ as an online broker. Oilgrain Corporative offered its clients a wide range of services. The online presence of the service provider is currently no longer accessible.
If you have invested with Oilgrain Corporative and there are problems with the payout, the lawyers of the Herfurtner law firm will be happy to assist you in word and deed.
Oilgrain Corporative – FINMA takes a negative view of the platform
Currently, there is a very high number of online trading platforms such as Oilgrain Corporative. As a result, investing in the volatile financial markets has never been as easy but also as risky as it is now. Especially because there are so many options, choosing an online broker can be time-consuming and intimidating.
Especially if you want one that meets your investment needs. Are you considering investing with Oilgrain Corporative? Then the following aspects are important for you as an investor.
- In the area of online trading, you can use numerous order types.
- Officially licensed brokers on the internet, reputable portals, costs and brokerage fees, product options and key data are just a few of the criteria you need to factor in when making your irrevocable choice.
- Entry to global exchanges is becoming more convenient and interesting for investors through online investing.
The following information is general advice for investors – regardless of the platform in which you invest money.
Assess Oilgrain Corporative correctly: How can I recognise trustworthy investment providers?
The following thoughts should be kept in mind when looking for options to invest your money on the internet:
- Quality seals are often used by fake shops to pretend that they are reputable. To see if a link leads to the seal of approval website and if the shop is listed there, click on the image of the seal. It is quite possible that the website provider has only copied the quality seal from another website and transferred it to their own online presence without the appropriate certification.
- It can be very useful to find out what other customers are saying about a potential service provider, even if it is only on the net.
- Look for an imprint on the service provider’s WWW page. If this is not the case, it means: Hands off! However, you should also be aware that an imprint can be faked.
- In the Federal Republic of Germany, the imprint must contain a postal address, the contact details of an authorised representative of Oilgrain Corporative and a telephone number.
Oilgrain Corporative – Sending Email & Fax Offers?
Have you ever received stock proposals by email from a service provider like Oilgrain Corporative that you are not aware of? Do you receive faxes from the stock exchange that you have in no way requested? Or have you received a supposed “insider tip”?
Investors should beware of such suggestions, because they are often spread by dubious groups and online brokers who want to make a profit by selling securities from a fictitious success story. Cases have also come to light in which consumers and investors are called or written to by an alleged stock exchange supervisory authority.
It is falsely claimed that the people who have been contacted have been the victims of a fraud and that the respective data has been passed on to the stock exchange supervisory authority by the alleged Federal Public Prosecutor’s Office in Karlsruhe. The persons written to are expected to fill out an online form. In this context, it is a clear attempt at fraud.
In any case, we advise against entering into an exchange with the same person or revealing personal details such as user names, passwords, credit card numbers or other identifying information such as your account data at Oilgrain Corporative.
Pump & Dump: simply explained
The term pump and dump is used to explain a situation in which the market price of a stock is unnaturally inflated by insiders. Subsequently, the same share is sold again at a loss to the other investors. This is therefore a fraud. A fraud that profits from the cluelessness of small investors and stock market novices.
This tactic is illegal for this reason in a controlled stock market and for service providers like Oilgrain Corporative. The crypto market, however, is still largely “Wild West” as far as such tactics are concerned. Therefore, extreme attention is required! Pump-and-dump scams are more common there in the context of the so-called altcoins.
The pump-and-dump scam is used by fraudsters to drive up the market price of an unknown or even independently created currency. They achieve this by propagating misinformation on the net or in social media or by luring co-investors with unreasonable profit expectations. So make sure that the provider Oilgrain Corporative provides you with all the necessary information on this subject matter, if requested.
Online broker does not pay out – what can you do?
Investors are often solicited by an “online broker” or a call centre representative after they have registered on the alleged trading platform. The aim is to encourage investors to increase their long-term investments in order to maximise their income. This is also an initially legal goal of the broker Oilgrain Corporative.
Immediately after the buyer has deposited his capital, the first profit developments may be presented on his user account. This should motivate the investor to continue investing in the financial product. The operators of the trading platform, however, can use fraud software to fake manipulated account changes and profits, even without the consumer noticing.
Make sure that accounts can also be verified with Oilgrain Corporative.
In practice, there is no trading at all on several online trading platforms. Instead, the money transferred is forwarded by the fraudulent brokers to bank accounts abroad. This is not initially registered by the investors. The “financial service providers” delay the disbursement of the reported money profits by demanding the payment of apparently incurred taxes and commission costs from the investors.
These manipulations only serve the purpose of increasing profits. Sooner or later, the connection breaks down completely. The capital paid is used up. From this moment on, the only way to take the necessary steps is to go to a lawyer.
Options for cancelling contracts: Place value on price transparency
Find out when and how much money will be paid back. At best, avoid long-term contracts that cannot be terminated prematurely or where you would suffer large monetary losses. Only enter into long-term contracts with no early termination option with investment service providers such as Oilgrain Corporative, whose reliability you have no doubts about.
Even if you have the option to waive or terminate a contract at any time over a defined period, you should be sceptical. Even if you have this protection, you are still vulnerable to monetary damages. Make sure you know exactly how much capital you will recover if the monetary deal goes wrong. For share transactions, the following provision applies:
Before the end of the contract period, find out what options you have to redeem a share certificate.
It is usually crucial to be aware of whether there is a liquid market for products such as those offered by Oilgrain Corporative. It is possible to sell securities through an online broker or a financial institution. All three options are legitimate for placing a sell order. The actual selling process is then carried out via a stock exchange (e.g. Berlin, Stuttgart, Frankfurt, Tradegate or Xetra) (e.g. for penny stocks).
With order supplements, the execution of the order can be guided from the beginning. The redemption of the share certificates takes place at a time and place determined by you.
Repayment of Oilgrain Corporative does not work? Hire a law firm immediately
You have invested money with Oilgrain Corporative, or another service provider? Now you are encountering difficulties with the payout? Then it is advisable to block additional payments immediately. This is especially true if the broker demands additional payments to compensate for deficits. In addition, one should attempt to recover the lost capital.
In doing so, aggrieved private investors can seek investor protection and turn to the lawyers of our law firm. Our law firm examines civil law as well as criminal law options and possible claims for damages against the service provider and against involved payment service providers such as banking houses. “A private investor who loses money in online trading is by no means an isolated case.
Many investors are blinded by the professional behaviour of the providers and do not realise in time that they are not responsible for their losses Our recommendation is therefore not to resign, but to act quickly and actively. Because the chance of recovering the lost capital is often greater than the aggrieved investors realise.
Would you like to talk to one of our lawyers about Oilgrain Corporative? Then click here to go directly to our contact area.