In recent years, the Federal Criminal Investigation Offices have become aware of a significant increase in investment fraud. The perpetrators flood Europe with cold calling calls.
So-called "Cold Calling" as a fraudulent practice is conducted all over the world. Typical for such "Cold-calling" activities is that you get called by some sort of investment adviser who is acting as a brokerage firm or an asset management firm. This investment adviser approaches potential investors via phone, fax, and emails, in order to solicit investment in securities or financial products. Typically for these "cold callers" is the proposal of a very reliable, very profitable and secret investment opportunity.
The callers try to win the trust of the future "customers" in the talks and to move them to an investment. These companies usually have attractively designed homepages (including retrievable online accounts, etc.) and actually existing telephone and fax numbers. The investment companies are mostly located abroad (including Hong Kong, Taiwan) contact their clients via calls and call centers from all over Europe. The information or stocks presented by these companies are easily searchable on the Internet. This fact is used by the perpetrators as additional evidence of trustworthiness. The transfers expected by the "customers" usually go to bank accounts in the near or far abroad and typical offshore destinations. (such as: Cyprus, Hong Kong, etc.)
Please find more information as follows: https://www.fsa.go.jp/en/refer/cold/index.html
Fraudsters typical use the knowledge of educated people that there is a clear connection between risk and possible investment. In their fraudulent practice they try to convince the possible investor that in this special case there are some sort of secret investment opportunities which have to be addressed as soon as possible. If you are cold called by such so-called investment adviser you can evaluate the risk of further possible investment fraud and spot the signs as follows:
Specialist law firms can bundle different claims of different victims of investment fraud cases and can therefore focus their activities on e.g. freezing bank accounts. Moreover in most of the cases it is possible to accelerate actions taken by the authority by filing applications with the authority and with the court. Even when companies have been set up with fake information, there are still possibilities to freeze bank accounts or assets in order to recover funds on behalf of the victims.
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