Have You Lost Money to Binary Options or Forex? Here’s the Guaranteed Way to Recover Your Money
We spoke to a number of people who have been defrauded by binary options or have lost money to binary options, forex or investment in general. Some of them were lucky to recover their money back using NOTITIAPRO Technology. Email – notitiapro@gmail.com for losses involving $30,000 and above.
A single mom (name withheld) from Middle East, lost over $100,000, when her son used her credit card, in what he believed to be a legitimate binary options trading site. As a matter of fact, he had made some good profit. But the company was not allowing him to withdraw both the capital he invested and his profit. It was at this point that he realized he had been scammed by one of the numerous fraudulent binary options firms.
The distraught mom wen online, in search of help and advice on the possibility of getting some help on how to get her money back. She even sought for advice from an informal consumer watchdog site for the binary options and forex industries. An anonymous tipster sent her a private message with the name and personal details of the binary options site’s owner, information that is often a closely guarded secret in this industry.
She began sending the owner personal emails demanding her money back, and telling him she was ready to come see him. She asked him about his pets and his time spent traveling in South America, and hinted that she had high-level contacts in the Justice Ministry of the host country. Within 10 working days, the website owner succumbed. And soon afterward refunded all of her money.
This single mom, who asked us not to reveal her real name, is one of the lucky few. According to a top securities regulator in Europe, over 90 percent of binary options customers lose some or all of their money. This is due to the fact that the companies income derives directly from customers’ losses.
In some companies, particularly those regulated in an island country in the Eastern Mediterranean, employees said that some customers are able to withdraw some money if they refuse a “bonus” — money “given” to clients by the firms, with many small-print strings attached, to encourage them to trade more.
They then used as a pretext to prevent them withdrawing their funds — resist aggressive sales pitches, and are very adamant in their demands. The far more common scenario is that customers are refunded only if they threaten a credit card chargeback or otherwise cause the company immense headaches, and this isn’t usually the case.
Binary Options Recovery – Chargebacks
Some former employees of binary options companies have said that a defrauded customer’s first course of action should be to try to reverse the credit card transaction. Even the threat of a chargeback can sometimes get a customer their money back.
If the company goes above a certain percentage of chargebacks, they could have problems processing credit cards, so they prefer to just return a customer’s money. But not many binary options customers know that is even an option.
If the company does not return your money, you should approach your credit card company or issuing bank and fill out the paperwork for a chargeback, citing fraud, misrepresentation and breach of contract as the reasons.
As of now, only a few funds recovery experts like NOTITIAPRO have been found reliable and professional enough to always helps binary options victims recover their funds. If you suspect you have been defrauded by a binary options company, you should at first try to negotiate with it directly. If (as is often the fraudulent firms’ initial response), they tell you to put in more money in to recover your lost investments, don’t do it. As you will likely never see that money again either! If the company refuses to refund your money, you will then at least have documentation to show that you made a good-faith effort to recover your funds.
Binary Options Recovery – Following the Money
Cracking down on fraudulent binary options firms — There is an ongoing legislation aimed at closing down the entire industry here — Wealth Recovery, an International company was also found to have also defrauded clients. Fraudulent companies usually operate: by pressuring the brokers themselves, and by pressuring banks and payment processors that handle their money.
This company recovered $1.5 million for a businessman who lost money to a number of brokers. Another tactic that works is following the money and putting pressure on the banks where the binary options cash is kept.
Another victim who lost about $25,300 to a binary options firm was also able to get a refund when he began asking questions about how the company processed its payments. He noticed that his credit card had been billed by a different company. This firm claimed to provide “white label” services for dozens of binary options websites.
Pressuring binary options sales people or payment processors does not always work, sometimes you have to find the best way to recover your money. A lot of victims have been contacted on message boards by people promising to get their money back. And that turned out to be either be unprofessional or yet another scam. Contact NOTITIAPRO – notitiapro@gmail.com today, and get all your lost money back!!
IMPORTANT: NOTITIAPRO only takes up cases involving $30,000 and above.