Refund from a fraudulent broker: How to keep your savings

12 October

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Every year more and more people start investing, and today almost every resident of a large city has a brokerage account or owns shares in their investment portfolio. However, choosing a reliable broker is a key point that requires special attention. A wrong choice can lead not only to the loss of money, but also to the theft of your personal data. To avoid unpleasant consequences, it is important to carefully check the company with which you plan to work in the financial markets.

Refund from a fraudulent broker: How to keep your savings

 

Wise Way Legal specializes in refunding funds from various exchanges and markets. We provide assistance to clients who have fallen victim to fraudulent brokers, helping to return their money in full. Our team of lawyers has many years of experience in the field of financial fraud and is ready to help even in the most difficult cases, without requiring prepayment. If you have fallen victim to fraudsters, contact us for a consultation, and we will provide full legal support at all stages of the refund.

 

Signs of a Fraudulent Broker: How to Avoid Being Scammed

 

Choosing an unreliable broker can result in significant financial losses and loss of confidential data. Fraudsters often promise fast and high profits, which should be a warning sign. Here are some typical signs of a fraudulent broker:

 

– Inflated promises, such as a 50% increase in income in a short period of time.

– Urgent demands to transfer money.

– Requests for access to personal accounts or credit cards.

– Introducing themselves as employees of well-known financial organizations with which they have no real ties.

– Recommendations for installing programs from unverified sources.

– Convincing the need to take out a loan for investments.

 

If you encounter such signs, immediately stop interacting with such a broker and seek professional help.

 

Common financial market fraud schemes

 

Investment scammers use psychological manipulation to appear convincing. They may offer to buy shares through closed channels or impersonate representatives of major exchanges. The process of getting your money back from such brokers can be difficult, especially if they use fake websites or other deceptive methods.

 

To avoid being scammed, remember that well-known exchanges such as the Moscow Exchange do not work directly with individuals. If you find that you have been deceived, it is best to contact specialists who will help you get your money back.

 

Chargeback: What is it and how to use it

 

One way to get back lost funds is the chargeback procedure, which allows you to dispute the transaction and return the money to the card. To do this, you have 540 days for Visa and MasterCard cards and 180 days for Mir cards. However, not all cases can be resolved through a chargeback, especially if payments were made through cryptocurrency wallets or individuals.

 

Difficulties in filing a chargeback on your own

 

Although the chargeback procedure may seem simple at first glance, in practice it is accompanied by a number of complexities. It is necessary to take into account all legal aspects, adhere to established deadlines and correctly draw up documents. In addition, fraudsters often leave traces that may indicate risky transactions, which makes it difficult to prove a breach of contract.

 

Why you should contact Wise Way Legal.

 

Our company offers a comprehensive solution for the return of funds from unscrupulous brokers. Wise Way Legal lawyers will help you collect all the necessary evidence, develop a return strategy and negotiate with banks and other financial institutions. We will also provide legal support at all stages of the process, which increases your chances of a successful conclusion of the case.

 

Our main goal is to return your money to you and protect your rights. Contact us for a free consultation, and we will help you regain control of your finances.