The German BaFin has issued a warning against the FinanceRecovery fund recovery scheme, which is allegedly operated by FinanceRecovery Limited in the UK. The boiler room agents of the scam call victims of other scams and offer to recover the lost funds. In addition, we discovered in our review that FinanceRecovery also operates as a broker scam itself and is connected to the PrimeFinanz broker scam. Stay far away, keep your money, and protect your private data.
|Activities||Fund recovery scheme|
Illegal broker activities
|Legal entities||FinanceRecovery Limited (fake)|
PrimeFinance Inc. (fake)
|Contact data||+44 20 38356296|
|Attacking languages||English, German|
|Payment options||Bank wire|
If you have any information about FinanceRecovery or PrimeFinanz, their operators and facilitators, please let us know via our whistleblower system, Whistle42.