1. Concept Blue: How To Recover Money From Concept Blue
In recent times, we have had a lot of complaints about a fraudulent platform called Concept Blue, it has been brought to our attention that there’s a fraudulent scheme going on there with the aim to steal from investors. The IOSCO and FCA also confirmed in their publication that concept-blue.com is a scam platform. Just to clear any doubts, concept-blue.com is a SCAM.
If you have been scammed and you are looking for ways to recover your money from Concept Blue, visit the Zorya Capital website at www.zoryacapital.com.
Who Is Concept Blue?
Looking at their website reveals that they are not subject to any regulatory bodies. That raises a BIG RED FLAG! That ought to be sufficient to convince you not to work with them. Additionally, they collaborate with “Automated trading software”-related websites, which is another warning sign because these websites are infamous for their involvement in scams.
Therefore, Concept Blue is just another unregulated forex broker, meaning that consumers are not protected and that it is very probable that they will escape with your hard-earned money because there will be no regulatory body to hold them accountable.
How does Concept Blue function?
The following is typically how unlicensed forex brokers operate. They will phone them and use every tactic at their disposal to convince them to make the initial minimum deposit. They’ll make promises such as, “We’ll quadruple your initial deposit,” or “You’ll make $100 per day with ease” which seem too good to be true. Please don’t believe a word they say! This is a SCAM! After making the initial deposit, users are moved to a “retention agent,” a more cunning con artist, who will attempt to defraud them of more funds.
Withdrawal of money from Concept Blue
Your money is never secure with an unlicensed broker, so you should request a withdrawal as soon as possible. And this is when it becomes complicated.
No matter whether you have earnings or not, if you wish to withdraw money, they will put off the process for months. You won’t be able to file a chargeback after a six-month delay, and your money will be permanently lost. You will NOT get your money back, no matter how many times you remind them or insist on removing it. Additionally, if you agreed to the Managed Account Agreement, or MAA, which essentially gives them free rein to do whatever they want with your money, they will lose all of your money and won’t have anything left over to ask for.
How can you recover your money from Concept Blue?
There may be a technique or two to get your money back if you already deposited money with them and they refuse to return it, which is quite likely to happen. First and foremost, you must save the emails as evidence that you have asked them for a refund of your money but that they have refused to do so or have delayed the process unnecessarily.
Zorya Capital should be the first action you take! And you need to take action right soon! Inform your bank or credit card company that you were duped into making a deposit for an unlicensed trading company, and that the company is refusing to return your money. This is the most straightforward method of getting your money back, but it also causes them the greatest harm.
Because if there are many Zorya Capital made, their relationship with the payment service providers would be destroyed. We can help you prepare your chargeback case if you’ve never done it before, if you’re unsure of where to begin, or if you’re not sure how to present your case to your bank or credit card company. Simply contact us and tell your broker you are in touch with us without telling them you read this article.
How about cables?
There is no way to do a chargeback on a wire if you sent them one. You must intensify the conflict for this next step. Inform them that you will report them to the authorities and file a complaint. That will cause them to reconsider offering a refund. Another action you might do is to write an email or letter to the regulatory bodies. You can conduct a google search to identify the organisation in charge of overseeing Forex brokers in the nation in which you currently reside.
Following that, you can write them a letter or email outlining how you were duped by them. If they don’t refund your money, make sure you show them this letter or email and threaten to send it to the appropriate regulatory body. Contact us at email@example.com if you are unsure about where to begin, and we will assist you with this phase as well.
Make sure to post Concept Blue reviews on various websites.
By posting negative reviews on other websites and providing a brief account of what transpired, you can further damage them and prevent others from becoming victims. If you were a victim, kindly leave a review and a remark in the space provided on this website. Additionally, when these people alter their websites, they frequently call their previous customers. If this happens to you, please note it in the comment section or let us know by getting in touch with us. We and families around the world would greatly appreciate that. Additionally, if you receive calls from other businesses, either include their names in the remark or give them to us. We’ll also expose them.
Conclusions of the Concept Blue review
We truly like writing the Concept Blue review because we want to prevent as many individuals as we can from losing their hard-earned money. Before you conduct any transaction, it is a good idea to carefully evaluate all of the Forex companies and any other company for that matter. We really hope that you have found our Concept Blue review to be useful. Please feel free to contact us if you have any inquiries or if you require guidance regarding the withdrawal procedure.
Blue Concept Details
Online trading broker Concept Blue is based in N/A and is owned by N/A. Their phone number is +41218213961, and their email address is firstname.lastname@example.org. You can find their website at concept-blue.com.
Doing extensive research on the businesses and organisations you intend to donate the monies to is the first step in defending yourself against shady individuals online. There may probably already be other users of the service who have posted their comments and feedback online on various forums.
After doing some research on social networking sites (such as Facebook, Twitter, and Instagram) and online trading forums, a common thread of people’s dissatisfaction with Concept Blue developed. According to this user feedback, Concept Blue doesn’t seem to be a reliable broker, so extra caution should be exercised before making an investment using their brokerage platform.
There are many brokers out there who use fictitious company names or engage in other fraudulent activities. A little amount of prior investigation can go a long way toward safeguarding your finances and yourself.
Is Concept Blue a scam or is it real?
Finding out about their certification should always be the first and most crucial step when looking for brokers to use for your trading operations (s). This will reveal whether Concept Blue is an offshore and/or unregulated entity or if they are subject to centralised regulation.
When a broker is unregulated or is regulated by a body that is not in your country, you have little to no legal remedy if your money is stolen. If there is theft, complaints can only be filed if the broker has a licence from the regulatory body in your country. The following are a few instances of regulatory bodies that provide brokerage licences:
The Securities and Exchange Commission of Cyprus (CySEC)
Finance Conduct Authority (FCA)
Securities and Investments Commission of Australia (ASIC)
A broker should be avoided if they are unlicensed and cannot obtain a licence from the regulatory body in your country. Even if the brokerage is regulated, it is advised to stay away from it if the regulator is based somewhere else.
How Do Trading Scams Online Operate?
One of the most common online trading scams is showing positive trades at first to deceive investors into believing they will make money quickly. Following the development of this confidence, the investor will be persuaded to invest more money in order to receive higher returns. Other rewards might also be offered to entice investors to invite their friends and family to use the site.
The brokerage will proceed to suspend the account and prevent the investor from accessing the funds until they have taken all available cash from the investor and those in his or her network.
In an effort to gain the trust of unwary investors, many dishonest businesses may even assert that they are based in a regulated area and show fictitious regulatory licences and addresses on their websites.
Be cautious and check your information from several different sources. Sending money online should always be done with extreme caution.
More information on trading fraud:
Binary choices CFD Scams Scams
Forex Scams Cryptocurrency Scams
A victim of a Concept Blue scam?
Don’t be upset if you lost money using Concept Blue. There have been others before you, and there probably will be more. Even the most diligent investors occasionally make mistakes, which should be viewed as a teaching opportunity.
Zorya Capital Is The Answer!
The good news is that assistance is accessible. The crew at Zorya Capital, a specialised company devoted to assisting customers in recovering monies lost online, is available around-the-clock and has assisted customers worldwide in recovering millions of dollars.
In this endeavour, using a reliable service like Zorya Capital is essential because a standard chargeback process may frequently be complicated and drawn out without the proper direction.
Zorya Capital provides international financial fraud investigative measures aimed at helping victims of financial scams recover their money. Zorya Capital was founded to protect and help victims of investment scams with the assistance of sophisticated asset recovery specialists globally.