A broker that meets all your trading needs and investment expectations but also shapes your future. That’s how pretentiously this investment scam advertises its faux services.
Regulatory bodies, on the other hand, are posting warnings and alerting investors about the risks that lie behind the false promises. Read more about this elaborate fraudulent scheme in our Falcon Group review.
| Regulated by: | Unregulated broker |
| Is This Company Safe? | No, this company has several red flags raised against them by regulators, so beware. |
| Known Websites: | falcongroup.investments |
| Have Warnings from: | CNMV, FSC, ATVP, FSMA, AFM, IOSCO, FI |
| Registered in: | N/A |
| Operating since: | 2021 |
| Trading Platforms: | None |
| Maximum Leverage: | N/A |
| Minimum Deposit: | No minimum deposit ($5,000 recommended) |
| Deposit Bonus: | N/A |
| Trading Assets: | N/A |
| Free Demo Account: | No |
| How to Withdraw from This Company? | Stealing their clients’ funds is all this suspicious service provider does! It is best to avoid the site entirely and contact our chargeback team if your funds disappear. |
Anonymous Company and Domain
The Falcon Group investment scam claims to operate from several different locations, including the US, Brazil, Italy, the UK, and several other countries. All the phone numbers are randomly generated, while the addresses are either false or belong to entirely different companies.
Of course, these entities have nothing to do with the business we’re investigating. Therefore, it is obvious that we’re dealing with a ghost company that most likely doesn’t even exist outside of their shady website.
Undoubtedly Unlicensed
If the business was fully legit as it claimed to be, it wouldn’t be accused of scam and blacklisted by CNMV, FSC, ATVP, FSMA, AFM, IOSCO, and FI. Regulated brokerage powerhouses are fully transparent, follow legal directives, and implement security measures on their platforms.
This company does none of that. There are no segregated bank accounts supported for all client deposits, negative balance protection is non-existent, and you may lose more than you’ve invested. Lastly, there’s no transparency concerning the firm’s operations and monetary transactions, which means the broker can easily misappropriate your funds, and you won’t even be aware of it.
Who Do The Schemers Target?
The falcongroup.investments website was established in 2021 and has remained largely unchanged since. One of the reasons why this con game has managed to avoid detection for so long is its unconventional top-level domain. This is also the reason why you won’t find a large number of Falcon Group reviews.
The fraudsters mostly target people from the following areas:
- Netherlands
- Australia
- Canada
- Germany
- Spain
Online Scam Starts By Phone
The hoax itself operates as a so-called boiler room. The majority of the interaction between the schemers and their victims happens by phone, with minimal web exposure.
Company agents contact people directly and pitch a get-rich-quick scheme through what they call an infallible investment plan. Even if the marks are not interested, the agents may squeeze the money out through careful manipulation. This is the same pattern GreenlinePro used in its fraudulent scheme.
To get your money back from these criminals, contact our recovery experts.
Boiler Room Recruiting Users Only
Not anyone can join this portal. Only those who contact boiler room agents can complete the signup process and are allowed to log in. That’s why, instead of a signup form, you will be redirected to the contact page and be offered to request a call. Allegedly, this call will come from a professional as a part of the Falcon Group advisory services related to investing smartly.
No minimum amount is required for investing. Your advisor will attempt to convince you to put in at least $5,000, though, which is the recommended sum according to the site.
Error – Platform Not Found
As experienced scam investigators, we’ve seen this same strategy unfold numerous times. The swindlers promise a trading program with an exceptionally high probability of success. Agents will ask clients to share their computer screens through one program or another and show them a pre-orchestrated market shift. Profits quickly skyrocket, and everybody is happy – champagne all around!
Many con artists like StocksKey will have a web trader prepared in case the victims try to trade for themselves. In this case, we doubt that it is available as the site doesn’t even advertise any app.
All Fees are Hidden
Forget about mandatory transparency and clear costs of services. The Falcon Group scam reveals absolutely no fees, costs, or other taxes pertaining to their services and transactions.
There are hints of monetary transfers, including some fees, but these are just that: hints and nothing else of relevance. None of the information pertaining to trading parameters like spreads, leverage, and trading commission are even remotely discussed. In these situations, you can always expect hidden fees that you’re expected to pay in advance.
Withdrawals Are Never Mentioned
Outside of the client area, to which we had no access, there was no information whatsoever on any funding channels. The Terms and Conditions document is only a single page long, and makes no mention of any Falcon Group withdrawals or deposits.
Not that the charlatans would consider this document legally binding, mind you. It only serves to give them breathing room in case the victims start to have doubts. This doesn’t mean that they can get away with online theft, though. If you need help getting your money back, contact our legal team via the live chat.
Non-Existent Customer Support
The website doesn’t feature a dedicated help desk. Instead, the firm offers a callback option. Clients can apparently book a callback by using either an email or a number that appears to be registered in Hong Kong.
We strongly discourage using either option. Getting in touch with these swindlers also means getting further involved in the scheme, with all of the pestering, harassment, and pressure to pay more money.
What to Do If I Was Scammed By Falcon Group Broker?
This self-proclaimed company is not an actual business but a disguise for a dangerous group of cybercriminals. There is no market access, nor are there any profits to be made.
If you’ve had any interaction with these scammers, try to withdraw your money as soon as possible. Should you fail, feel free to contact our recovery experts. You may book a free consultation by using our live chat feature, which is available around the clock for your convenience.
FAQ
People who operate and own the company behind this scheme are anonymous. Beware of dealing with such entities.
The company has breached regulatory laws on many occasions and has therefore been blacklisted. If you have also lost your funds to this sham, contact us immediately. Who Owns Falcon Group?
Why is Falcon Group Blacklisted?
