In this article, I would like to share my unsuccessful trading story and how Global Refund Group helped me chargeback.
1 The Three Most Common Mistakes Traders Make Before Getting Scammed
Unfortunately, honest, sincere, and decent people often cannot achieve success in these contradictory times while greedy, scheming liars earn millions. Last year I found myself in a situation that provided me with a good dose of reality and brought me together with the guys from Global Refund Group. Like many entrepreneurs on modest incomes, I dealt with financial troubles after the first lockdown caused by COVID-19. Shortly before that, I was interested in trading and cryptocurrencies – you know, I just watched Coin Bureau on YouTube, subscribed to several Telegram channels like Binance Killers, ICO Drops, CCC.io, and stuff like that. I have no idea why I had enough knowledge and skills to try trading because I had no experience. However, I considered it the best solution to save my collapsing business. Overconfidence is the first significant mistake novice investors make.
After doing a little research, I came across a broker who offered quite attractive conditions. Seriously, what could be better than 24/7 expert support, low commissions, and great reviews from satisfied customers? The broker’s official website contained a testimonials section where people wrote about their positive experiences. The company was represented on such popular platforms as Instagram and Facebook and had enough followers to be convinced of its reliability. The last argument in favor of the broker was their claims that they are regulated by the FCA (Financial Conduct Authority), which was also proven by specific documentation files prudently added to the website. In hindsight, I don’t understand why I didn’t check customer feedback on independent trading forums and ensure the regulation data was accurate. But then, I was an absolute beginner, recklessly believing in myself. And my second mistake was haste.
I contacted the managers, and they helped me choose a plan. I noted the excellent level of service and was finally convinced that I was dealing with a trustworthy broker. However, everything has changed. I purchased the company’s plan for $10,000 and started making good money pretty soon. I withdrew the first few hundred earned successfully, so I kept everything I acquired on the company’s balance and invested in new cryptos for a couple of months. And as you probably guessed, those very first few hundred were the only funds that I managed to get. One day I logged in to my account and saw a zero balance. It is worth mentioning that trading was carried out through the broker’s web platform. I was shocked and immediately contacted support, but they remained silent. Well, then I was utterly shattered. Investing too much money was my third mistake.
2 Global Refund Group – Online Scam Fighters
Since I was desperate, I immediately started looking for a way to get my money back. I contacted several funds recovery organizations simultaneously, but I received real help from only one. Global Refund Group is an international company that helps return stolen or misappropriated money to victims of scams. This time, I was careful and checked as much information about the Global Refund Group (and other organizations I contacted) as I could find. Almost 100% of the feedback was positive, so I decided to take a chance because I had nothing to lose.
3 Global Refund Group – Cooperation Concept From the Inside
The company provides support in cases related to phishing, credit card, trading, forex, and romantic scams. Their official website states that every victim of scams can get a free consultation, which is 100% true. During the individual assistance, managers explained to me why it’s essential to act quickly, delved into the details of the fraudulent scheme that I got into, outlined a further work plan, and predicted an approximate chance of a successful resolution of the issue. The consultation is free as the company understands the financial problems of vulnerability and their potential clients’ trust. So at this stage, you can feel free to stay or choose another refund strategy. If you choose the first option, then your joint work begins.
From you, the company requires such evidence of fraud as screenshots, bank statements, invoices, emails, correspondence, and everything that you can deliver. The experts will take care of the rest. After collecting additional data and proof, it’s time to charge the fraudulent broker. It often happens that under the pressure of evidence collected by lawyers and the cybersecurity department, scammers give up and agree to return the money.
They understand the consequences of their refusal – the Global Refund Group team will contact the bank the authorities and take the case to court. Since fraudsters’ identities and countries of residence are usually known at this stage, losing a small share of illegally obtained profits is a trifle for them compared to the criminal penalty. In case of rejection to return funds, the expert team takes the case to court. By the way, here you have a choice: you can hire your lawyer or use the services of a lawyer provided by the company.
Luckily, the chargeback company and I managed to avoid a lawsuit, and I received my money much earlier than I expected. This positively impacted my business, which is a great merit of the Global Refund Group team.
In conclusion, I would like to give every trader simple advice: avoid haste and carefully check all the data before sending money to dubious organizations. While experienced investors are less likely to fall for scams, they are also not resistant to sophisticated scams. Typical attributes are a legitimate-looking website, fake testimonials, fake regulatory data, and pretty promises.
However, if you still cannot avoid losses, contact the Global Refund Group – a reliable company that provides high-quality services and has a clear 5-star rating among traders. Do you doubt it? Good, cause doubts are your first step to success since every detail requires careful investigation in the financial industry.