FundsBack Ltd Review

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FundsBack Ltd

Know Your Options and Recover Your Funds

Do You Want to Know If FundsBack Ltd is a Legitimate or a Scam? 

If you’ve lost money to fraud, such as a crypto scam, you’ll want to find strategies for fund recovery right away. It’s a good idea in these situations to seek counsel with experts who can give you tools to file a successful claim against crypto scams and broker frauds. 

 

However, fraud victims often want to get results fast. They want a guarantee of fund recovery. This sense of urgency may make them vulnerable to fund recovery scams that will promise results they may not be able to deliver. Often it isn’t a mistake of overconfidence and good intentions. 

 

Sometimes fraudsters adopt the veneer of a fund recovery service to lure people into thinking they will get their money back. They will charge a fee and guarantee results. Then they will keep the money, won’t deliver results, block the customer, and disappear. 

 

There is another category of questionable fund recovery companies. Some simply aren’t licensed to operate in certain areas of the world. They may not have completely dishonest intentions, but regulators issue warnings against them, and it’s important to take notice of these alerts. 

There Are Some Problems with FundsBack Ltd

Which category is the fund recovery service FundsBack Ltd. in? It has been flagged by the FCA for offering its services in the UK without a license. This doesn’t mean it is necessarily focused on ripping off customers, but it does mean that FundsBack Ltd is a risky company. Without a license, there is no oversight. 

 

Without oversight, you will need to search for ways to get your funds back. A regulator may help, but if that service isn’t licensed, they can’t take any direct action against that broker. Without the fear of consequences, these companies often feel they can get away with anything. 

 

We aren’t necessarily saying that FundsBack Ltd is definitely the same as the crypto scams or broker scams we read about in the headlines. However, the fact that the FCA has flagged this broker and that it is offering services without proper licensing should be a warning. 

 

Almost all crypto scams are unlicensed, for example. Most of the shady brokers aren’t regulated or they have a third-rate license. Does that mean that all unlicensed financial services are scams? Perhaps not, but we don’t think it’s worth taking the risk with fund recovery services like FundsBack Ltd, particularly with an FCA warning. 

Red Flags that FundsBack Ltd Could Be a Scam 

  • Flagged by FCA
  • No license 
  • No transparency
  • Bad reviews

If You Need Fund Recovery from FundsBack Ltd, Talk to Us

We create these reviews to warn consumers about brokers, crypto scams and other types of financial fraud. If you have an account with FundsBack Ltd, close it and request a withdrawal. If you are not given your money back, contact the Broker Complaint Registry right away. We will consult with you, and work to track down your funds.