The offshore broker, Optimize Funds, is not overseen by any reputable regulatory body in its location. The broker may conduct business in different countries without being subject to the regulations mandated by the respected regulatory body in that nation, such as CySec, ASIC, FCA, CNMV, etc. However, regulation cannot be the main justification for labeling this broker a scam. Optimize Funds cannot be trusted due to the numerous complaints, unfavorable reviews, and other potential scam elements. If you trade with this broker, your money may not be secure.
The website makes the promise that it gives users the chance to generate passive income. However, this is a ruse. It is best to keep your money away from this broker if you do not want to lose your investment. They arranged a FINCEN certificate for an MSB registration to appear legitimate. Typically, offshore con artists use false information to obtain this certificate.
In this Optimize Funds review article, we will shed light on why you shouldn’t do business with Optimize Funds. You will also discover how you can get your money back if you have been scammed by the platform.
How the Optimize Funds Scam Works
Scammers post a lot of bogus advertisements on the Internet and social media to entice people to click on them and steal their money.
When you click and provide them with your phone number and email address, they will call you right away and make any promise necessary to get you to deposit money with them as soon as possible. The majority of con artists are skilled manipulators, and before you realize it, they’ll ask you for your bank card information to help you complete the transaction. If you don’t want to get in trouble, you should never divulge this knowledge. Additionally, there is a risk of experiencing identity theft, which would result in a lot more issues.
Regardless of the outcome, they will gradually ask for more money from you. If you suffered a loss in the market, they would induce you to increase your investment to make up for it. They would also persuade you to add more money and boost your profits if you traded well.
Problems usually start when you request a withdrawal. The scammers will say and do anything to scare you away, even requesting payment if you wish to withdraw. Legitimate businesses won’t disturb you over the phone to make a deposit. Therefore, if someone pressures you into investing, it’s probably a hoax.
Get Your Money Back from Optimize Funds
You should be aware that you’re not the only victim of the Optimize Funds scam and that there is a means to get your money back.
Schedule a free consultation with one of our fund recovery professionals. We might be able to help and aid in getting you a refund. Don’t hesitate to get in touch with us as time is of the essence in financial concerns.