Veet Coin - Investors' money misappropriated

05.10.2022
Veet Coin gives the impression that investors are provided with ideal conditions to make money with online trading as fast as it is safe. At Veet Coin, everything is investment fraud. Nothing is traded at Veet Coin. Everything the investor sees on their screen is trug. The money has landed right in the pockets of investment scammers. Not a penny has been invested. Can you tell of any experiences just like this? What can investors who have been scammed by Veet Coin do? What help is available in case of investment fraud? How can investors get their money back from dubious providers?
 

 

Veet Coin: Untrustworthy and dubious promises
What are the stunned investors served up on www.veetcoin.net? "If you find yourself here, you are looking for a reliable and profitable investment. Yes, then you have come to the right place! Our company offers you asset management at the highest level based on foreign exchange and profitable trading through fund exchanges. There is no other global financial market that can guarantee a daily ability to generate constant profits with the large price fluctuations of Bitcoin and other cryptocurrencies." This is just a small quote of the untrustworthy assurances that curious people can find on Veet Coin's website. None of these given assurances by Veet Coin have been delivered. Sadly, suspicious business behavior rather makes for disappointed investors and bad experiences!

Veet Coin: Who is behind it?
Very many investors will find it rather difficult to answer this question, as the Veet Coin makers do everything they can to conceal the true circumstances. This is not unusual, as scammers often run several such websites with the same fraudulent business model. Such are created in series, put online one after the other, and just as swiftly taken offline again, moreover, the top-level domain is often changed to confuse financial regulators and law enforcement agencies.

 

Veet Coin: Who is the operator?
There is hardly any actionable information on Veet Coin's website in this regard. Unfortunately, there are no credible references to the operating company and at the address, 221 Violet Road, London, United Kingdom, E3 3AE, only a residential building without offices can be found. The makers of Veet Coin are not to be found there either, since the whole thing is a pure fantasy product. The domain veetcoin.net was registered on 07.08.2020 with NameCheap, Inc. Of course, the domain data was immediately anonymized at the Icelandic service provider Withheld for Privacy ehf. Also, the usual support email address can be found there, but no phone number.

 

Veet Coin: Scheme of the investment fraud
The investment scam runs again and again according to the same scheme: investors initially put in a small sum - usually 250 euros - are impressed by how quickly this amount multiplies, so much so that they are ready to "invest" higher and higher sums. The conflicts come up, every time an investor wants to have his money paid out, because now flimsy taxes, commissions, fees or whatever have to be paid all at once. Unfortunately, most investors are far too slow to realize that they have fallen for an investment scam and that there was never any intention of getting the money paid out again.
 

 

Veet Coin: What help is there for investment fraud?
Many aggrieved investors wonder how to react in the case of investment fraud, as criminal charges make little sense because criminal charges are primarily for prosecution and not for recovering money. What help is available in investment fraud cases and how do injured investors get their money back? The lawyer specializing in investment fraud knows how to follow the money trail because as they used to say, money isn't gone, it's just somewhere else. Now it can be added: It is complicated, but with the right tools it is possible to systematically track money digitally - even if it was transferred with Bitcoin via a crypto exchanger.

 

RESCH Attorneys at Law - Experience in investor protection since 1986
If you have been a victim of Veet Coin 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.