Vibeinvest - Italy's financial regulator CONSOB warns

The alleged online broker Vibeinvest claims to be a credible platform for online trading. However, there are increasing indications that Vibeinvest is not running smoothly. More and more traders are reporting telephone terror, rip-offs and investment fraud at Vibeinvest. All investors lost their capital invested with Vibeinvest. Serious doubts are spreading. In the meantime, many investors of Vibeinvest are afraid that it is an investment fraud. All investors of Vibeinvest ask themselves whether they became victims of investment fraudsters? And what can Vibeinvest investors do if the suspicion of investment fraud is confirmed? How can Vibeinvest investors get their money back? Does it make sense to file a criminal complaint against Vibeinvest with the police? Where can I get help in case of investment fraud?

Vibeinvest: Doubtful promises on the website
What must the dumbfounded investors receive on vibeinv.com? "Founded in 2011, the Vibeinvest brand is a world leader in online trading, bringing the power of financial markets to a global audience, no matter where they are or what their financial ambitions." That's just a small portion of the questionable assurances that interested parties can find on Vibeinvest's website. Not one of these full-bodied promises by Vibeinvest has been kept. Regrettably, the questionable business conduct rather provides for unhappy investors and bad experiences!

Vibeinvest: Hide-and-seek game with the domain entry!
Remarkable for the business practices of the Vibeinvest makers is that the website does not contain an imprint. Thus the complete data are missing to the legally responsible operators of the Website. If one takes a look at the domain data of the web page of Vibeinvest, no references to the operators are to be found there. However, one learns that the domain was registered with GoDaddy.com, LLC. only on 09/28/2020. The real domain owners are hiding behind the Indian anonymization service Intivion Technologies.

Vibeinvest: Who is behind it?
Answering this question will be rather difficult for many investors, as the Vibeinvest 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 online and just as quickly shut down. The top-level domain is often changed to deceive financial regulators and law enforcement agencies. But who is the operator? There is only scanty information about this on the Vibeinvest website. The company Vibeinvest Limited with the business address Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MH96960 is given, but the makers of Vibeinvest cannot be found under this address. Beside it there is still the obligatory support email address and the British telephone number +441213143345. 

Vibeinvest: The customer acquisition of the investment fraudsters
Here the same procedure can be found again and again: In order to attract new customers, the offers of Vibeinvest are advertised in all possible media and channels. Mostly these recommendations are false information. they upload image films on Youtube or Vimeo, in which prospective customers are convinced with false 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". At the same time, a mostly aggressive affiliate program is started to motivate others to intensively promote Vibeinvest.

Vibeinvest: 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. Usually the investors start with a small sum as employment. Beforehand, investors are also often motivated to install remote maintenance software, such as AnyDesk or TeamViewer on their computers, so that assistance can supposedly be provided with the first steps. In many cases, the computer is subsequently manipulated and unwanted transactions are carried out. In the process, the investment fraudsters also frequently 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. In some cases, even small sums are returned in order to lull investors into a sense of security. Who then does not want to further increase the stakes? But what happens next?

Vibeinvest: Repayment of the money is attached to conditions
Once in, an exit is mostly impossible. Rather, the administrators of the investment scammers tie a repayment of the money to further deposits. This is where employees come in, claiming alleged tax debts and commission payments. If these are settled, it would come to the disbursement of the allegedly obtained profits. The perpetrators send the investors self-made tax and commission statements, often decorated with fake coats of arms. These would have to be paid urgently. A clearing with the allegedly obtained profits, is never possible. If an investor refuses further deposits, alleged profits are converted by senseless transactions into losses and the customer maximally damaged. This is not the end of the horror, but investors are permanently confronted with calls from other dubious providers. This indicates that the contact details of the investors are further traded among the investment fraudsters. In the end, a "savior" regularly comes forward, 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 "savior" also wants a small fee - in advance!

Vibeinvest: Scheme of investment fraud?
There is no authorization of the trading platform Vibeinvest. Vibeinvest lacks regulation by a recognized European financial regulator, such as the English Financial Conduct Authority (FCA) or the Cyprus Securities and Exchange Commission (CySec), which is often used by brokers. Likewise, there is no approval from the Swiss Financial Market Supervisory Authority (finma) or the Financial Market Authority (FMA) of Austria, which is responsible for Switzerland. For this, there is a warning from the Commissione Nazionale per le Società e la Borsa (CONSOB) dated 05.07.2021. This is the Italian supervisory authority for the financial market and financial services. It is also obvious that Vibeinvest is a scheme of capital investment fraud. All investors harmed by Vibeinvest are advised to immediately contact an investment fraud lawyer.

Vibeinvest: Where are the investment fraudsters active?
Investors are dealing with Vibeinvest investment fraud in Germany, Switzerland and Austria. Unfortunately, Vibeinvest's illegal activities are not limited to the DACH region. Since Vibeinvest also addresses English-speaking investors, it is only a matter of time until the defrauded traders from this group of speakers also come forward. Going through the list of regulators is advisable before any financial commitment to reduce the risk of becoming a victim of investment fraud.

Vibeinvest: Claims for damages against banks involved
A license from the German Federal Financial Supervisory Authority (BaFin) is a mandatory requirement for financial services and investment transactions in Germany. Doing, supporting or enabling such business, including cross-border business into Germany, is prohibited. Companies and persons who nevertheless participate in such transactions are obliged to compensate the injured parties. Such investment fraud cases would certainly not have been conceivable without such banks.

Vibeinvest: Investors want your money back!
Fortunately, the situation is better than it seems. Victims can take legal action against those involved in the investment fraud and reclaim their invested money. As of now, it is not expected that the investment fraudsters of Vibeinvest will be seized in a timely manner, but there is still reason for hope. Especially because the transactions of the funds went through accounts provided by reputable financial institutions. They apparently failed to check the investors' deposits, some of which were high and therefore subject to controls, and their onward transfer for illegality. Such omissions made possible the Anlagbetrügern their criminal work only.

Vibeinvest: They want their money back! How does that work?
With this knowledge, investors would not have engaged in business with Vibeinvest. Now the only option left for the victims is to try to recover the misappropriated capital. Many investors cannot even imagine that there is a real chance of ever seeing their money again. Probably all of them are now wondering if 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 crime of money laundering is committed. Financial institutions have a duty to take action against money laundering. This is where one starts with good chances of success. For this, essential questions must be answered. To what destination were the funds embezzled by Vibeinvest directed? Is there a realistic chance that the aggrieved investors will get back the money they invested with Vibeinvest? What actions are required next? A lawyer specializing in capital investment fraud will be happy to answer such questions thoroughly.

Vibeinvest: Who can help?
What to do in case of investment fraud? What help in the case of investment fraud can victims of Vibeinvest hope for? Vibeinvest victims can ideally find the help they need from an experienced investment fraud attorney. He or she will be able to take care of your case with Vibeinvest both in terms of the criminal aspects of the investment fraud, as well as the recovery of funds and possible claims for damages. A lawyer for trading also comes into question, because he is also familiar with the methods of fraudulent brokers, such as Vibeinvest.

Vibeinvest: Follow the money trail!
Abuses of such kind on the not regulated capital market pursue the Anlegerschutzkanzlei Resch attorneys since more than three decades. The methods of the Vibeinvest are from there nothing new. Over the decades, Resch Rechtsanwälte has developed a powerful arsenal of instruments for tracking down the money that has been taken away and tracing the money flows. In the age of the Internet, it is becoming increasingly difficult to actually make funds disappear. The faster investors follow the money trail, the greater the chances that they can have their money secured. Now it depends on the fact that the investors damaged by Vibeinvest become immediately active.

RESCH Rechtsanwälte - Experience in investor protection since 1986
If you have become a victim of Vibeinvest and want to know if and how you can get your money back, call 030 885 9770 or fill out the questionnaire. You will receive a free assessment of your case.