I think I fell for a 'clone firm' scam, and my funds are stuck with 'BaFin Markets'. What now?
Hey everyone, I'm feeling sick to my stomach about this. I was looking for a reputable broker in Germany and came across 'BaFin Markets'. Their website looked super professional, even had the BaFin logo and what looked like legitimate registration numbers. The 'account manager' I spoke with, a "Mr. Schmidt," was really convincing and helpful. I invested about 8,000 euros directly through a bank transfer, thinking i was safe because of the BaFin association.
Now, I'm trying to withdraw some profits, and they're just giving me the runaround. First, it was a 'tax clearance fee,' then an 'anti-money laundering verification charge.' No actual withdrawals ever clear. I looked closer, and the website's URL is slightly off, and the actual BaFin website has a warning about clone firms. I think I've been had. Is there *any* way to get my money back from these clone operations? I'm in Strasbourg, so it felt close to Germany.
asked by Lucas Moreau· 0d ago