Online trading is the talk of the town and there are thousands of people who have stars in their eyes when they hear about the success stories. There are a number of them to be found and highlight how people were able to amass entire fortunes by trading in the financial markets. Of course, this is not all just talk because this does happen. If you check the statistics, you will discover that some of the world’s richest people have made their money through online trading and still continue to do so. This is quite encouraging and the conveniences provided by online trading has attracted a lot of people.
While all of this is true, it is also necessary to take a look at the ugly side of it. Online trading can undoubtedly be profitable and help people make lots of money, but this space is also rampant with scams. You can plenty of stories of people who lost their hard earned money through one of the online trading scams that have become utterly common. Those who don’t have much knowledge about these scams end up being victimized and in the last decade or so, these numbers have gone up by a huge extent.
This is due to the fact that online trading has experienced an increase an activity and more people have entered the financial markets. It has put many scammers into action and more and more people are getting defrauded and scammed on a routine basis. As a matter of fact, some of the companies and agencies that are scamming people are quite legitimate, but they use smart tactics for exploiting people and there is nothing the victims are able to do. It is because they don’t have any understanding and knowledge of the laws and procedures that can be used for getting their money.
You can easily find stories of people getting scammed, but there are no such stories of people who were able to get their money back from scammers. At least they didn’t exist until recently. Sure, when you are scammed, you can feel very ashamed and you don’t want to admit it because you feel stupid for doing so. But, it is important to remember that even the most knowledgeable of people become victims and this is because these scammers are very smart and know what they are doing. You don’t have to be ashamed and neither do you need to sit quietly.
So, what should you do? It is time for you to take action and actually try and get your money back. How can you do that? Obviously, you don’t know what steps to take and who to contact, but there are experts that do and you need to hire them for dealing with your case. These are scam or fund recovery services, which have been introduced for the purpose of helping scam victims in getting back their stolen money. Yes, this is not a gimmick and these companies do exist and they came to be because of the need for this solution with the rising number of scams.
There are a horde of these fund and scam recovery services that you will come across and one of them is known as Money Back. The company is based in Tel Aviv, Israel and was launched in 2007. Over the years, it has developed a strong reputation for helping people who have been scammed in getting their money back. It is due to their hard work that they were able to spread out their services to other people around the globe as well. Today, if you take a look at the company’s background, you will come to know that it operates in Switzerland, Canada, the United Kingdom as well as Australia.
It is a given that you would want to take a look at them and see how they provide their services before you decide to use them. You will come to know that Money Back has a very simple and easy process for performing scam recovery and it will not take you long to understand it. The first thing you should do is sign up for a consultation by visiting their website. The first thing that will immediately appeal to you about Money Back is that they don’t charge you for this first consultation.
This is certainly great because it means that if you are not satisfied with your consultation, or if your case cannot have a good outcome, then there is no point in taking it further. If you were required to pay for the consultation, it would mean an additional loss on top of what you have already suffered through an online trading scam and you definitely don’t want to deal with it. Hence, the first free consultation is a big perk that you will enjoy. What is the purpose of this consultation?
The consultation provides you with an opportunity to share your case details with Money Back’s staff. It gives you a chance to get to know their team and see how they communicate. It is also the best time for you to ask them any questions you might have about their services and they will provide you with the answers. They will also ask you to share full details about how you were scammed and provide any proof of transactions, if it exists. It is essential to be honest and open with them and not feel ashamed because if you withhold any information, it will reduce your chances of getting your funds back.
At this point, Money Back’s team will take some time to assess your case. They will go over the details you have shared in order to see what can be done. Of course, they will verify the details and then see if any steps can be taken. The company’s motto is ensuring transparency and integrity when it comes to providing their services. They are not in the market to take advantage of their clients, so they remain transparent about everything they do. Likewise, they also maintain their integrity by being honest and straightforward about the possibility of making a recovery.
If they don’t think your claim is valid and cannot recover the monies you have lost, they will be upfront with you about it. Money Back will not lead you on and try to extort any money from you when they know that they cannot recover the funds. In case, they do believe something can be done about it, they take a multifaceted approach for resolving your matter. You will come to know that they have accountants, lawyers and cybercrime experts on their staff who possess a great deal of knowledge and expertise in this area.
They are familiar with the laws that pertain to such matters and know of what tricks and tactics the scammers use for stealing the funds. Money Back’s team can reach out to the processing companies or credit card companies that are used by these cybercriminals in their activities and they send them a formal letter to inform them of the situation. Moreover, they also work on exposing the brokerage or platform that was responsible for the online trading scam and will inform appropriate authorities about their operations so action can be taken.
This is due to the fact that Money Back also provides international banking and financial crimes services, as they want to eliminate these fraudulent companies that can be a risk to the stability and economy of the country. After you have hired the services of a scam recovery company, it is a given that you would be eager to see some progress. However, it is essential to remember that patience is key here because it is certainly not a quick process. There are a lot of steps involved and it is definitely not easy to trace the footsteps of these scammers.
Furthermore, Money Back has to go through official channels, such as reach out to different financial authorities, and this increases the time it takes for your case to move forward. You do not have to worry at all because their team will keep you apprised of what is happening. They constantly communicate with you and provide you the smallest updates that have been made in order to ensure you that they are diligently working on your behalf to recover the funds you have lost. Money Back has mentioned that it can take anywhere between one and six months for money to be recovered.
The time period can vary, depending on how complex your case is. It is not something in their control and they do their level best to speed up the process and ensure that you are able to get your funds back. As soon as they receive an answer, they inform you about it. You will receive your funds in the form of a chargeback, a signed settlement or a recall. After you have recovered your money, it is time for you to pay Money Back for their services.
This can be a cause for concern for a lot of people because they wonder how much they will be charged. If the company has very high rates of commission, it could mean that you would end up paying most of your recovered amount to them. So, what would be the point of going through all the trouble? It is one of the reasons why some people avoid going for funds recovery altogether. But, with Money Back, this is not something you need to worry about. It is true that they also charge commission for their services, but they know how to keep it reasonable.
The most important thing to know about their pricing system is that it is a flexible one. This means that they don’t use a one-size-fits-all approach for charging you because they know that every case is different and requires varying levels of effort and time. They inform you that their commission can be anywhere between 7% and 35%, once again depending on the complexity of your case. But, the best part is that they don’t have any fixed charges. This means that they are open to negotiation and you can talk to them about cutting your cost down.
They are very receptive and will be more than willing to negotiate with you. It is definitely a perk that you will not find with many companies. Money Back has a capable team working for it and they also have shared details and information about their employees to reassure their clients that they know what they are doing. They possess the relevant expertise and have been doing this for more than a few years. This has helped them in developing an understanding of the various types of online trading scams that are conducted these days.
Communication always needs to be two-way and Money Back understands that. While they do provide you with updates, it is possible that you might want to get in touch with them for one reason or another. They have incorporated different ways for you to go about it, starting with giving them a call on the various numbers provided on their website. These belong to their offices in different countries. You can also send in an email or schedule a callback, depending on what seems convenient. Money Back will out your mind at ease and recover your lost money for you.