Bull&Bear Trading Group - Experiences: Investment scammers do not pay out
23.06.2022
Bull&Bear Trading Group pretends that investors are granted the very best opportunities to make money online trading both quickly and safely. Everything at Bull&Bear Trading Group is an investment scam. Everything the investor sees on his screen is fake. Not a cent has been invested. Nothing is traded at Bull&Bear Trading Group. The money has landed straight into the pockets of the investment scammers. Have you had the same experience? How do investors get their money back from dubious providers? What can investors do who have been defrauded by Bull&Bear Trading Group? What help is available in the event of investment fraud?
Bull&Bear Trading Group: Questionable affirmations on bnbtgroup.com!
What do the astonished prospective customers read on the Bull&Bear Trading Group website? "We are an international brand serving thousands of customers around the world. We adapt to the individual needs of our customers. We believe it is our responsibility and duty to help you become a successful, knowledgeable trader while creating the best environment for your success. We are here to serve you." This is just one small passage of text from the implausible assurances that interested parties can find on Bull&Bear Trading Group's website. Not a single one of these promises made by Bull&Bear Trading Group has been kept. Unhappily, the disturbing business practices tend to make for unhappy investors and miserable experiences!
Bull&Bear Trading Group: Hide and seek domain entry!
Remarkable for the business practices of the Bull&Bear Trading Group makers is that the website does not contain an imprint. Thus, the full details of the legally responsible operators of the website are missing. If one takes a look at the domain data of the Bull&Bear Trading Group website, there are no references to the operators. However, one learns that the domain was only registered on 16.11.2021 with Internet Domain Service BS Corp. The real domain owners are hiding behind the anonymisation service Amvikta Limited.
Bull&Bear Trading Group: Who is behind it?
Many investors will find it rather difficult to answer this question, as the Bull&Bear Trading Group makers do everything they can to conceal the true circumstances. However, this is nothing unusual. The perpetrators usually operate several of these websites with the same fraudulent business model. These are created in advance, quickly put on the net and just as quickly shut down. The top-level domain is often changed in order to deceive the financial supervisory and law enforcement authorities. But who is the operator? On the Bull&Bear Trading Group website there is only scanty information about this. The company Bull&Bear Trading Group is stated, but without any business address. A worldwide search for Bull&Bear Trading Group in the relevant registers leads to no result. This makes it clear that this is a purely imaginary product.
Bull&Bear Trading Group: The customer acquisition of the investment fraudsters
The same approach can be found here again and again: In order to attract investors, the offers of Bull&Bear Trading Group are advertised in all possible media and channels. Often, these offers are misinformation. In addition, they upload promotional films on YouTube in which interested investors are convinced with fictitious references. Here, supposed celebrities report on their experiences with online trading and cryptocurrencies, often with a misleading reference to the TV show "Die Höhle der Löwen". With the same goal, an affiliate programme is usually started to give others an incentive to beat the advertising drum for Bull&Bear Trading Group.
Bull&Bear Trading Group: Criminal business practices
As soon as the customer has registered on the trading platform, he receives calls from alleged financial brokers who like to refer to their years of experience and their satisfied customer base. In many cases, however, the makers of this business model are fraudsters, against whom the Federal Criminal Police Office and the Federal Financial Supervisory Authority (BaFin) also warn. Investors usually start with a small amount of money. Beforehand, investors are often motivated to install remote maintenance software such as AnyDesk or TeamViewer on their computers so that they can supposedly receive help with the first steps. In many cases, the computer is manipulated afterwards and unwanted transactions are carried out. In the process, the investment fraudsters often also gain access to their victims' online banking. What is particularly criminal, however, is when supposed profits are displayed on the trading platform in order to entice the customer to place further high stakes. Sometimes even small sums are paid back to lull investors into a sense of security. Who then does not want to increase the stakes further? But what happens next?
Bull&Bear Trading Group: Repayment of the money will be subject to conditions
Once in, it is usually impossible to get out. Rather, the administrators of the investment scams tie a repayment of the money to further deposits. This is where employees come into play who claim alleged tax debts and commission payments. If these are settled, the alleged profits are paid out. The perpetrators send investors self-made tax and commission statements, often decorated with fake coats of arms. These would have to be paid urgently. It is never possible to offset them against the alleged profits. If an investor refuses to make further deposits, supposed profits are turned into losses through senseless transactions and the client is damaged to the maximum. The horror does not end there, but investors are permanently confronted with calls from other dubious providers. This indicates that the investors' contact details are traded on among the investment fraudsters. In the end, a "saviour" regularly calls claiming to have uncovered the whole scam. He impresses with his insider knowledge. No wonder, since he is part of the fraud gang. The next rip-off! And of course the "rescuer" also wants a small fee - in advance!
Bull&Bear Trading Group: Scheme of Investment Fraud?
The online broker Bull&Bear Trading Group is not regulated. Bull&Bear Trading Group lacks the authorisation of a recognised European supervisory authority, such as the English Financial Conduct Authority (FCA) or the Cyprus Securities and Exchange Commission (CySec), which is frequently used by brokers. Likewise, there is no authorization from the Swiss Financial Market Supervisory Authority (finma) or the Financial Market Authority (FMA) of Austria, which is responsible for Switzerland.. It is not difficult to see that Bull&Bear Trading Group is a scheme of capital investment fraud. All investors harmed by Bull&Bear Trading Group are advised to consult an investment fraud lawyer immediately.
Bull&Bear Trading Group: Where are the investment fraudsters operate?
Unfortunately, the illegal activities of the Bull&Bear Trading Group are not limited to the English-speaking world. Because Bull&Bear Trading Group also addresses German-speaking investors, it is only a matter of time before the defrauded investors of this speaker group also come forward. A look at the list of regulators is advisable before any financial commitment to reduce the risk of becoming a victim of investment fraud.
Bull&Bear Trading Group: Investors want their money back!
The situation is far better than it seems. The victims can take action against the investment fraud and reclaim their invested capital. As of now, it is not to be expected that the bnbtgroup investment fraudsters will be caught soon, but nevertheless there is reason to hope. Hope because the funds flowed through accounts that were actually made available by reputable financial institutions. Unfortunately, those responsible failed to check the investors' deposits, some of which were large and therefore subject to controls, and their onward transfer for legality. Such omissions made the investment fraud possible in the first place.
Bull&Bear Trading Group: You want your money back! How does it work?
Equipped with this knowledge, the investors would never have got involved in business with bnbtgroup. Now the only way left for the deceived is to try to recover the invested capital. Many investors cannot even imagine that there is a real chance of ever seeing their money again. Probably all of them are now asking themselves whether they can get their money back? Clearly yes! There are numerous legal bases to fall back on. The generic term is "money laundering". When investment fraudsters collect money, the offence of money laundering has been committed. Financial institutions are obliged to take action against money laundering. This is where one starts with good chances of success. In this regard, essential points must be clarified. Where did the money moved by bnbtgroup go? Is it possible for the victims of the investment fraud to get back the money they invested with bnbtgroup? What actions are required from now on? Such questions can best be answered by a lawyer specialised in investment fraud.
Bull&Bear Trading Group: Who can help?
What to do in case of investment fraud? What help can victims of bnbtgroup hope for in the event of investment fraud? Victims of bnbtgroup will ideally find the help they need from an experienced investment fraud lawyer. He will be able to take care of your bnbtgroup case both in terms of the criminal aspects of investment fraud, as well as the recovery of funds and possible claims for damages. A trading lawyer is also an option because he is also aware of the methods used by fraudulent brokers such as bnbtgroup.
Bull&Bear Trading Group: Follow the money!
The internationally active investor protection law firm Resch Rechtsanwälte has been investigating such abuses on the grey capital market for more than 30 years. Accordingly, the bnbtgroup's way of working is nothing really new. Over the decades, Resch Rechtsanwälte has developed a sophisticated arsenal of instruments for tracing the withdrawn capital and following the money trails. Making money really disappear has become almost impossible in the age of the Internet The quicker those affected follow the money trail, the better the chances are that they will see their invested capital again. What is important now is that investors who have been harmed by bnbtgroup take action immediately.
RESCH Attorneys at Law - Experience in investor protection since 1986
If you have become a victim of Bull&Bear Trading Group and want to know if and how you can get your money back, call +49 30 885 9770 or fill out the questionnaire. You will receive a free assessment of your case.
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