Binary Options Lawsuits Accelerating

Thu Nov 2017 | WinChargeBack

One of the hallmarks of Binary Options trading sites is the way they go to great lengths to obscure their true nature. They hide their location, real identity, and most importantly bury important policies in mountains of “legal” language to hide the fact that they are set up in a way to take your money […]

Additional signs are coming in that authorities around the world and in the U.S. are starting to get serious about combating both Binary Options and Forex scammers. The latest news was reported by the Times of Israel, which covered the conviction of an Israeli citizen for Forex fraud and his sentencing to three years in […]

While the internet has ushered in an age of instant communication and made it possible to access a vast library of information from all over the world, it has also enabled a new generation of conmen and scammers. One of the newest and most dangerous kinds of web scams are the various binary options trading […]

The simple answer is No! From Myself and Rebecca’s years of experience and our on-going investigations we have uncovered many truths that may shock and surprise you. Do the prices on the Binary platform match the market ? The closing price of any trade that you open will always be market price. The price that […]

Who will be next to ban Binary Options?

Fri Nov 2016 | WinChargeBack

The Israeli Financial Services Authority gave a 30 day notice to brokers providing the contracts in Israel, before a ban on binary options is activated. This action followed by the Canadian authorities who declared a warning on trading Binary Options. “Canadians are exposing themselves to the high risk of identity theft and fraud when signing […]

The Board of the Cyprus Securities and Exchange Commission (the ‘CySEC’) wishes to inform investors that, at its meeting held on December 14, 2015, the CySEC decided to impose a total administrative fine of €10.000 on the CIF SpotOption Exchange Ltd (‘the Company’) for non-compliance with the following the Investment Services and Activities and Regulated […]

The Cyprus Securities and Exchange Commission (‘CySEC’) announces that the authorisation of the Cyprus Investment Firm ‘Pegase Capital Ltd’ (‘the Company’), with number 225/14, is suspended, pursuant to section 26(2) of the Investment Services and Activities and Regulated Markets Law of 2007, as in force (‘the Law’), as there are suspicions of an alleged violation […]

Following a multi-year investigation Banc De Binary is to pay $11m to settle with CFTC/SEC over allegations of illegally soliciting US clients. The online brokerage and Liverpool Football Club sponsor Banc De Binary has reached an $11 million settlement with US authorities after several years of investigations over it illegally providing binary options trading to […]

Binary options and Fraud – Investor alert!

Fri Nov 2016 | WinChargeBack

The SEC’s Office of Investor Education and Advocacy and the Commodity Futures Trading Commission’s Office of Consumer Outreach (CFTC) are issuing this Investor Alert to warn investors about fraudulent promotion schemes involving binary options and binary options trading platforms. These schemes allegedly involve, among other things, the refusal to credit customer accounts or reimburse funds […]

Similarly to what happened recently with another high profile firm, IronFX, today CySEC announced, besides the imposition of a fine to CIF Rodeler Ltd, that it had reached a settlement agreement with the Cyprus Investment Firm Banc De Binary Ltd, for the amount of €35…

“WARNING: - Scammers posing as winchargeback are contacting victims of binary fraud via random emails, phone calls or Skype messages, claiming they are from winchargeback and can help you recover your lost funds. To avoid being defrauded any further by these scammers please make sure that (1) the person has an email ONLY ending with @winchargeback.com (2) winchargeback will only contact you if you contacted us first and filled in our contact form (3) we will confirm back the information you wrote to us before we even begin to discuss your case.”