Coingalaxy - It is undoubtedly investment fraud
20.10.2022
Coingalaxy gives the impression that investors are provided with excellent opportunities to make both fast and safe money when trading cryptocurrencies online. At Coingalaxy, everything is investment fraud. The money has landed right in the pockets of investment scammers. Not a cent has been invested. Everything the investor sees on his screen is fake. Nothing is traded at Coingalaxy. Have you had similar experiences? What can investors do who have been scammed by Coingalaxy? How can investors get their money back from dubious providers? What help is available in case of investment fraud?
Coingalaxy: Information is half-silent and dubious
What must the stunned investors read on coingalaxy.live? "Welcome to the website of Coin Galaxy Plc! If you find yourself here, you are looking for a reliable and profitable investment. Yes, you have come to the right place! Our company offers you high-quality management of trust assets based on foreign exchange and profitable trading through fund exchanges. No global financial market can guarantee a daily ability to make consistent profits with the large price fluctuations of Bitcoin and other cryptocurrencies. The proposed modalities for increased cooperation will be accepted by anyone who uses cryptocurrencies and knows their fantastic prospects." This is just a small sample of the exaggerated assurances that interested parties can find on Coingalaxy's website. Not one of these given promises by Coingalaxy has been delivered. Unfortunately, shady business practices tend to make for unhappy investors and miserable experiences!
Coingalaxy: Who is behind it?
Answering this question is likely to be rather difficult for very many investors, as the Coingalaxy makers do everything they can to conceal the true circumstances. However, this is not unusual because the perpetrators often run several of these websites with the same fraudulent business model. They are produced continuously, put online one after the other, and shut down just as swiftly; moreover, the top-level domain is often changed to deceive financial regulators and law enforcement agencies. Among others, the domains cointradebtc.world, newaidcapitalinvestment.com, cryptozats.com, veetcoin.net, instanttradeltd.com, and nunutrade. co is used by investment scammers.
Coingalaxy: Who operates the portal?
There is hardly anything usable about this on Coingalaxy's website. Of course, the company Coin Galaxy Plc is listed with the address 221 Violet Road, London, United Kingdom, E3 3AE, but the makers of Coingalaxy cannot be found under this address, as it is a frequently used fake address. The company cannot be found in any commercial register in the world. The domain was registered on 19.04.2022 at NameCheap, Inc. Furthermore, there is the obligatory support email address, but no phone number.
Coingalaxy: Scheme of the investment fraud
The investment fraud runs continuously according to the same scheme: investors initially put in a small amount - usually 250 euros - are impressed by how quickly this amount increases and are therefore willing to put in higher and higher sums. The discord comes up when investors want to have their money paid out, because now ostensibly at once taxes, commissions, fees, or anything else must be paid. Unfortunately, it is only too late that it becomes clear to most investors that they fell for investment fraudsters, who never had the intention to pay out the money again.
Coingalaxy: What help is there for investment fraud?
How to act in case of investment fraud, many angry investors ask themselves, because criminal charges hardly make sense, since criminal charges primarily serve the prosecution, but not the recovery of the money. What help is available for investment fraud cases and how do affected investors get their money back? A lawyer specializing in investment fraud must know how to follow the money trail, because as they used to say, money is not gone, but somewhere else. Today, you can add to that: It is complicated, but with the right tools it is possible to track money digitally on a regular basis - even if it was deposited with Bitcoin through a crypto exchanger.
RESCH Attorneys at Law - Experience in investor protection since 1986
If you have been a victim of Coingalaxy 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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