Extrochain - check if site is scam or legit
08.06.2023
Extrochain pretends to offer ideal conditions to investors for making fast and secure money through online trading in oil and gas, real estate, bonds, and insurance, as well as gold. However, everything about Extrochain is investment fraud. The money goes directly into the pockets of the scammers. Not a cent is invested. Nothing is traded on extrochain.com. Everything the investor sees on their screen is meant to deceive them. Have you had the same experiences? How can investors recover their money from unreliable providers? What help is available for investment fraud? What can investors do if they have been cheated by Extrochain?
Extrochain: Promises are flimsy and untrustworthy
What are unsuspecting visitors on extrochain.com being led to believe? "If you want to earn over a long period of time, all you have to do is register on our website, make a deposit, and sit back and relax while our experts work for you. We expand our features by offering you instant deposits and withdrawals. Take advantage of the company's opportunities and earn daily." These are just a few examples of the exaggerated claims that investors find on Extrochain's website. None of these grand promises made by Extrochain are kept. Unfortunately, these dubious business practices only lead to unhappy investors and bad experiences!
Extrochain: Who is behind it?
Answering this question is undoubtedly challenging for many investors, as the creators of Extrochain do everything they can to conceal the true circumstances. This is not uncommon, as the perpetrators usually operate multiple websites with the same fraudulent business model. They are produced in advance, quickly launched on the internet, and just as swiftly taken offline. Furthermore, the top-level domain is repeatedly changed to evade financial regulators and law enforcement agencies.
But who operates extrochain.com?
There is hardly any useful information on Extrochain's website regarding this matter. The company Extrochain Ltd. is mentioned with the business address 1 Great George St, London SW1P 3AA, but the creators of Extrochain cannot be found there, as it is a bogus address. Additionally, the email address info@extrochain.com is provided on extrochain.com, but there is no phone number. The domain extrochain.com was registered on September 11, 2022, with NameSilo, LLC.
Extrochain: Investment fraud scheme
Investment fraud consistently follows the same pattern: Initially, investors deposit a small amount, often around 250 euros, and are impressed by how quickly this amount grows, leading them to be willing to invest higher sums. Concerns arise when investors want to withdraw their money, as they are then asked to pay taxes, commissions, fees, or other expenses. Unfortunately, many investors realize too late that they have fallen victim to an investment fraud and that there was never any intention of returning the money.
Extrochain: What help is available for investment fraud?
Many affected investors wonder what to do in the case of investment fraud because filing a criminal complaint hardly makes sense since criminal complaints primarily serve law enforcement rather than recovering the money. What type of assistance can one hope for in the case of investment fraud, and how can affected investors recover their money? A lawyer specialized in investment fraud must know how to trace the money because, as the saying goes, money is never gone, just unfortunately somewhere else. In the present, this can be supplemented: It is not easy, but with the appropriate tools, it is possible to digitally trace money regularly—even if it was deposited through a cryptocurrency exchange with Bitcoin.
RESCH Rechtsanwälte - Experience in investor protection since 1986
If you have become a victim of Extrochain and want to know if and how you can recover your money, call us at +49 30 885 9770 or fill out the questionnaire. You will receive a free assessment of your case.
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