Who Investigates Investment Fraud?

Hash conducts serious fraud investigations by utilising extensive intelligence surveillance and reconnaissance, advanced cybercrime investigation methods and strategic profiling of suspects for civil and criminal action.

In addition, Hash works with internal legal experts who specialise in cross border fraud and global asset recovery services in foreign jurisdictions. Using this expertise, Hash can freeze bank accounts and assets associated with offenders involved in serious fraud. In recent years, Hash has received law enforcement awards, plaques of recognition and commendations for uncovering major cyber fraud networks and syndicates whilst disrupting large scale fraud gangs working in Asia, Europe and Central America.

What Is Securities Fraud?

Securities frauds are also referred to as stock or investment frauds and are one of the many illegal operations targetted by Quantum Asset Trace’s international investigative services. These types of scams involve deceptive practices relating to commodities and stocks, with the intention of fraudulently profiting off investors.

Hash has recovered millions of dollars for victims of fraud and continually manages complex class action lawsuits for large investor groups targeted by international internet fraudsters.

What Is Cryptocurrency Fraud?

Cryptocurrency fraud can take a number of forms. This can include digital heists where hackers steal cryptocurrencies like Bitcoin or Etherium from individuals and large cryptocurrency exchanges. An example of this type of attack is the large scale theft of more than $32million from Japan’s Bitpoint exchange. This follows on from the massive $500million hacking operation that targeted another exchange, Coincheck.

Individuals can also be victim’s of crypto-fraud through investment in scam currencies. To learn more about cryptocurrency fraud and how Quantum Asset Trace is helping to combat these cyber-attacks, see our Cryptocurrency Scams page.

What Is Binary Options Fraud?

Binary trading scams are used to defraud investors of millions of dollars every year. They promise quick returns through the prediction of asset, commodity or index price over a short time period. While there are many licensed firms that trade in them as a legitimate financial services, investment in binary options is high-risk with returns that are almost impossible to predict, even for professionals. This system of investment is often co-opted by scammers.

What Is a Forex Online Fraud?

Traders can be lured into investing large sums of money with the promise of high returns in foreign exchange fraud operations. This type of fraud rose to prominence in 2008 when currency trading first began to emerge as a common form of investment fraud. Because one trader’s gain is another trader’s loss, the foreign exchange market runs as a zero-loss game in the best-case scenario. Once you factor in brokerage and other transaction fees the overall investment landscape becomes a negative-loss proposition. While forex trading is not always fraudulent by definition, there are large numbers of scams associated with the industry, making it a hotbed of potential scams.

Learn more about forex scams.

What Is a Sports Betting Fraud?

Sports betting fraud aka sports investment scams are presented as legitimate investment opportunities under a range of guises. These can include the promotion of impressive-sounding computer prediction software that supposedly uses advanced data algorithms to predict sporting results based on the analysis of previous events. Sports bet victims can also be lured in by betting syndicates or punters clubs which require the investor to set up a sports betting account and make regular deposits. In these cases, the scammers promise to make winning bets on behalf of the victim but in reality drain the accounts of money and launder these funds for their own profit.