How to recover your investment from GCG Asia – Scam Broker Review
Be on the Lookout; GCG Asia is an offshore broker; Your investment is at risk. Read this review you want to recover your investment from GCG Asia.
Is GCG Asia a legit broker and how to recover your investment?
GCG Asia is an unregulated offshore broker that offers services such as forex, CFD and binary options and or cryptocurrency trading. The broker is registered in a fiscal haven that lacks the intervention of any investment regulatory process. This means that taking legal action against this forex broker is next to impossible. Read this review to recover your investment from GCG Asia.
GCG Asia broker relies on a number of tricks to reach to their prospects and make them believe that the money they are investing with them is in safe hands and will generate humongous returns. Such tricks include the use of the state of the art websites and apps, with all sorts of attractive trading conditions followed by well-spoken staff and very efficient customer support after signup. This is all smoke and mirrors.
In fact, the GCG Asia staff operates as part of a network of anonymous call centers in undisclosed locations. They will outright lie to you about their location and even their names. The staff uses stage names when communicating with the clients to add a layer of anonymity. Using excellent sales skills paired with manipulative psychology techniques, the staff involved in this sophisticated scam will prompt the victims to invest always more money, often beyond what they had planned in an attempt to avoid losing it all. This type of scam is now widespread and used to defraud unsuspecting victims billions of dollars annually.
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GCG Asia broker Reviews
A look into GCG Asia Reviews on various internet forums will reveal that GCG Asia clients have had issues withdrawing their investments and/ or profits. Though the reviews regarding GCG Asia have been drawn from various sources, it reveals a similar challenge. GCG Asia entices clients into this scam through interesting profits posted to their clients’ trading accounts.
The company even goes to the extent of transferring some of the money back to the clients. Once the clients’ trust is gained, they are prompted to invest more money for much better returns. Once the client has transferred the money, the problems begin.
GCG Asia broker will then manipulate the trading platform to create scenarios jeopardizing the clients’ investments. The clients are then prompted by GCG Asia Financial Analysts to transfer more money into their accounts to reduce the losses they are facing, often to avoid losing their investments altogether. Immediately after they do this, withdrawing the funds becomes an issue.
How To Recover Your Investment From GCG Asia Broker?
There is no easy way to recover your investment once you have sent it to GCG Asia. GCG Asia is structured in such a way that it makes it hard to pinpoint the scam to specific individuals and prove any wrongdoing. GCG Asia constitutes a brokers brand that is managed by a chain of shell companies registered in fiscal havens. Building a legal case against the broker would require one to utilize the services of a private investigator to track the money trails and trace it to individuals who could testify of the fraudulent practices of the broker. This does not even factor in the huge legal costs that would be required to institute a civil action in such offshore locations. Such prohibitive costs make it hard for customers of GCG Asia to take any action.
However, hope is not lost. There are other means through which investors can recover their funds from GCG Asia, without going the civil action route. A number of GCG Asia victims have managed to recover their investment by maneuvering the banking legal system. While this method might be unknown to many people, it is possible for an individual to get his or her bank to reverse credit card charges and bank wire transactions in his or her favor. While this is possible, the route has a lot of rules and regulations around such a procedure and it would be wise to hire an expert if you want to recover your money from GCG Asia broker.
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Another very serious thing that you should consider is the fact that GCG Asia is blacklisted by FINMA. FINMA is a service regulator and has found that GCG Asia is not legitimate and does not provide a legitimate address and phone number.
Something you should consider is that if the brokers are blacklisted, there is a very good reason for this, and it is recommended to stay away from these brokers.
Legal action has been taken against GCG Asia
Legal action has also been taken against GCG Asia. This is due to the company they connected to. The Dukascopy company is suing GCG Asia because the brokers have illegally connected to the Dukascopy company. Now the business has a bad reputation for registering an unreliable and unreliable broker.
GCG Asia declares on its website that they are registered and that they are registered on Dukascopy. And it’s not the truth. This means that they are lying about their registration in the first place.
What regulators say about GCG Asia
We know that GCG Asia is blacklisted by FINMA, but what about other regulators. Other regulators are also warning traders against these brokers. They are unreliable, give false information and do not include all necessary business regulations.
There are other regulators who have also blacklisted them because of the lawsuits against them.
GCG Asia. If you plan to sign up with them and start trading using their services, you should think again. This review proves that they are not legitimate and you cannot trust them. Above all, not with something as important as trading. There are much better options that you can use. With GCG Asia blacklisted, brought to justice and found lying on their valid address, this is sufficient evidence to say that they are false and not at all recommended.