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Hmm... Putting in line others who do 'recoveries' and this EFRI shows you have not actually explored EFRI website in details. Should you have done that, you would have learned that a scam operated by Gal Barak was actually brought down because of Fintelegram and EFRI consistent reporting, triggering police actions accross different countries. Like it or not, its a fact. That alone is good enough for credibility. And why wouldn't they market it?I'm surprised how surprised people are that people like Ms. Elfriede Sixt are scammers.
These recovery websites are all scams. They claim to be able to do things only law enforcement can do to regulated brokers. There is very little recourse on offshore brokers besides chargebacks, scam reports, etc. That's the risk we take if you want the big leverage or deposit bonuses.
Her website clearly doesn't recovery any money for anyone and just posts articles with people's Facebook photos and corporate details to try to look clever.
Then she charges €100 x 1000 people that's €100,000 a year and she makes good money.
The scam keeps going. I find it particularity sad when people who already lost money give their money to someone like her after already losing so much. Shame on her.
Dissagree. The news published on many actual scams turns to be correct. As for recovery success rate, it is probably true - no recoveries...yet. But what when it happens?There is no difference between Elfriede Sixt and the other recovery rooms EXCEPT she runs a fake "news" site that gets information from public corporate directories and has a much more organized site than the recovery room scams.
Besides that, she has an equally abysmal success rate of recovering ANY client funds.
The arrogance posting people's names (such as her own clients) or the investors of a licensed payment processor (that probably have zero to do with the day to day operations) is highly unethical. And I have to agree she should be banned here for being another recovery room scammer.
There is no difference between Elfriede Sixt and the other recovery rooms EXCEPT she runs a fake "news" site that gets information from public corporate directories and has a much more organized site than the recovery room scams.
Besides that, she has an equally abysmal success rate of recovering ANY client funds.
The arrogance posting people's names (such as her own clients) or the investors of a licensed payment processor (that probably have zero to do with the day to day operations) is highly unethical. And I have to agree she should be banned here for being another recovery room scammer.
Hmm... Putting in line others who do 'recoveries' and this EFRI shows you have not actually explored EFRI website in details. Should you have done that, you would have learned that a scam operated by Gal Barak was actually brought down because of Fintelegram and EFRI consistent reporting, triggering police actions accross different countries. Like it or not, its a fact. That alone is good enough for credibility. And why wouldn't they market it?
But surely the stolen money left trace? So eventually it should be found?It will not be that easy!
... regarding the court proceedings... the Austrian court has still to understand the importance of the ruling on GAL Barak for the fight against cybercrime in Europe. We work on that already.
... regarding refund for victims: GAL BARAK pretends to have no assets at all, according to him he earned € 2.000 - € 3.000 on a monthly basis during the past years.
Some minor money amounts got frozen, but we know from the criminal files that GAL BARAK and his "friends in crime" haven stole more than 250 million Euros from mainly European victims.
About 74% of the stolen money went to service providers of the fraudsters like advertising, technology provider (Tradologic, PandaTS), payment service providers, boiler rooms, the remaining part went to the beneficial owners to accounts in Hongkong, British Virgin Islands, Isle of Man.. this 70/30 or 60/40 proportion applies to most of these kind of frauds, we learned by now,But surely the stolen money left trace? So eventually it should be found?