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Binary Options Fraud

Binary Options Fraud

Binary options differ from more conventional options in significant ways. A binary option is a type of options contract in which the payout will depend entirely on the outcome of a yes/no proposition. The yes/no proposition typically relates to whether the price of a particular asset that underlies the binary option will rise above or fall below a specified amount. For example, the yes/no proposition connected to the binary option might be something as straightforward as whether the stock price of XYZ company will be above $9.36 per share at 2:30 pm on a particular day, or whether the price of silver will be above $33.40 per ounce at 11:17 am on a particular day. once the option holder acquires a binary option, there is no further decision for the holder to make as to whether or not to exercise the binary option because binary options exercise automatically

20 Years of Experience

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Recovered in 2024

Our Work Process

01

File a Complaint
 

We attend to every case with a state-of-the-art technology and resources for efficient service delivery.

02

Case Evaluation & Investigation

Our team investigates every information provided and put our contact & resources to use.

03

Cyber Analytics & Fund Delivery

We attend to every case with a state-of-the-art technology and resources for efficient service delivery.

Service Process

Some binary options are listed on registered exchanges or traded on a designated contract market that are subject to oversight by United states regulators such as the seC or CFtC, respectively, but this is only a portion of the binary options market. Much of the binary options market operates through Internet-based trading platforms that are not necessarily complying with applicable U.s. regulatory requirements. The number of Internet-based trading platforms that offer the opportunity to purchase and trade binary options has surged in recent years. The increase in the number of these platforms has resulted in an increase in the number of complaints about fraudulent promotion schemes involving binary options trading platforms.

Binary options scams often attract their victims by advertising their fraudulent trading platforms on social media, via email, or cold calling. They usually promise investors low risks and high returns. When you click on one of these ads, you’ll be taken to a site that looks legit, which is why so many people fall victim to binary options scams.

There are 3 common ways that the fraudsters typically scam users out of their money. These are:

  • Refusal to release funds
  • Price manipulation
  • Identity theft

One of the most common ways that binary options scams work is that the platform or broker simply refuses to let you withdraw your deposited funds and returns when the time comes. The fraudulent platforms may do this by “canceling” withdrawal requests, ignoring all your attempts to contact them, and even closing your account with your funds still in it. Another very common tactic that binary options scammers use is to manipulate the trading software to generate losing trades. They’ll distort the prices and payouts of binary options until it appears that you legitimately lost money on a trade. Finally, another way some binary options scams work is by collecting your personal data (i.e. credit card info and identification info) and using it to directly steal money from your credit cards or bank accounts.

  • ReWatch out for investment marketing that sounds too good to be true
  • Always read the fine print (i.e. terms and conditions) on investment sites
  • Don’t trust brokers who call you and encourage you to deposit more funds
  • Never provide your financial account numbers or ID for unspecified purposes
  • Be wary of investing advice on forums (sometimes they are linked to fraud sites)

There are plenty of reputable, registered binary option investment brokers and trading platforms out there. If you’re ever having any doubts about a particular brokerage or platform, do your research about it and check their registration status, or simply look for a different one.

  • ReWatch out for investment marketing that sounds too good to be true
  • Always read the fine print (i.e. terms and conditions) on investment sites
  • Don’t trust brokers who call you and encourage you to deposit more funds
  • Never provide your financial account numbers or ID for unspecified purposes
  • Be wary of investing advice on forums (sometimes they are linked to fraud sites)
  • There are plenty of reputable, registered binary option investment brokers and trading platforms out there. If you’re ever having any doubts about a particular brokerage or platform, do your research about it and check their registration status, or simply look for a different one.

    If you find yourself facing this problem, Donald Gallagher Consultants is here to help. We have a strong track record of success recovering money from unregulated binary options brokers. Our Binary Options Fraud recovery service offers something very different than other Binary Options Fraud recovery services because of the partnership formed between the world’s elite computer specialists and one of the nation’s top cyber law experts. We are a trusted, nationally-renowned Binary Options Fraud recovery firm with a top rating across multiple countries, We are a team consisting of the best individuals offering digital security services in CyberSec to provide secure your lost Investments when called upon.

    Our ethical cyber security specialists were some of the most notorious in the world, accessing the private information of billionaires on the Forbes 400 list, and the strong computer skills and decryption experience provided by Donald Gallagher Consultants. is unparalleled. You can rest assured that your recovery Investment problem is in the best of hands. We’ll review your case, look at the evidence, and go to great lengths to retrieve your defrauded funds. Our strength lies in the fact that we’ve all worked in the options or forex industries, or in international banking and cybercrime law. We know how to leverage fraudsters by damaging their processing and banking funnels.

    Just give us a call to provide us with information about your problems with Investment Fraud related claims to find out how we can help you.