CFDs Archieven - Hupkes cs advocaten

The investment fraudster’s roadmap: 5 tricks a boiler room uses to defraud customers

How do you know if you have fallen into the nets of an investment fraudster, an online scam or an untrustworthy CFD broker? All these scams work according to the same playbook; step by step, the investor, who is actually a prey, is lured into the trap. Phase 1: the positive phase In the first stage, the investment fraudster does not show his true face, but presents himself as friendly and helpful as possible. He [...]

Hupkes advocaten2023-02-01T12:30:09+01:0015 February 2024|Contracts for Difference (CFD Providers), Fraud & Deception, Investment Fraud & Boiler Rooms|

Margin calls and swaps in CFDs (contracts for differences)

Those who start investing through a CFD broker often face "margin calls," or obligations to add money, which increase the risks of this form of investing. Margin calls and swaps (charges over holding positions) can cause these investments to evaporate. What are CFDs? Contracts for Differences are not stocks but derivative, indirect investment products. The investor and the counterparty enter into a temporary contract speculating on a price decline or conversely a price increase in [...]

Hupkes advocaten2022-11-16T11:38:24+01:0030 January 2024|Asset Recovery, Contracts for Difference (CFD Providers), Financial law, Fraud & Deception, Investment Fraud & Boiler Rooms, Terminology, Unlawful Act|

Increase in fraud via Anydesk and cryptocurrency wallets

Our firm is seeing a sharp increase in fraud using "screen sharing software" from Anydesk, Teamviewer and Screenleap and cryptowallets used to siphon off money. investment fraud This is a new form of investment fraud, which begins with arousing interest in complex investments (Forex, CFDs or cryptocurrencies). The criminal organization uses an investment website where the duped person creates an account. In reality, this is a boiler room; in fact, there are no real investments [...]

Hupkes advocaten2022-09-03T15:37:50+01:003 September 2023|Asset Recovery, Cryptocurrencies, Fraud & Deception, Investment Fraud & Boiler Rooms, Unlawful Act|

New CFD broker from Cyprus focuses on Dutch people

The Cypriot CFD broker Capixal sells CFD investments on the Dutch market. A report has been received at our office of extensive damage. We're starting a lawsuit.

Hupkes advocaten2023-11-08T12:49:32+01:006 June 2022|Contracts for Difference (CFD Providers), Investment Fraud & Boiler Rooms|

Lawsuits against new CFD brokers from Cyprus

In recent months, our office has received many complaints about evaporation of investments in CFDs through brokers that have recently been active on the Dutch market, which focus on Dutch consumers. New labels, but the same method The parties that have become active on the Dutch market in recent months are: Tradedwell ( https://www.tradedwell.com/nl ), a label of iTrade Global (Cy) Ltd. IGMFX ( www.igmfx.com/nl ), a label of IGM Forex Ltd Phoenix Markets ( [...]

Hupkes advocaten2023-07-26T13:54:35+01:0014 April 2022|Contracts for Difference (CFD Providers), Investment Fraud & Boiler Rooms|

First ruling CFDs: EUR 807,600 in damages

A Cypriot CFD broker must repay €807,600 from the District Court of Noord-Holland. The court ruled that there were "unfair commercial practices". This is the first ruling in a series of proceedings pending before various courts in the Netherlands against CFD brokers from Cyprus. In total, this involves damage of more than € 12 million. Most victims say that they came into contact with the investment products from Cyprus through a "fake ad" with a [...]

Hupkes advocaten2022-08-17T17:50:17+01:009 May 2021|Contracts for Difference (CFD Providers), Investment Fraud & Boiler Rooms|

Developments in the lawsuits against the CFD brokers from Cyprus

Lawsuits are pending in various Dutch courts against sellers of CFDs (contracts for difference) from Cyprus. Victims have lost a lot of money, with peaks of up to 800,000 euros. Most victims say they ended up at the CFD brokers through a fake advertisement with a well-known Dutch person. What are the developments in these lawsuits?

Hupkes advocaten2023-09-08T11:03:54+01:0021 July 2020|Contracts for Difference (CFD Providers)|

Victims of fake advertisements can litigate in the Netherlands

The Limburg court has declared itself competent in a case of a victim of fake advertisements against the seller of CFD products from Cyprus. The provider stated that the victim was a professional investor and had to go to Cyprus for the lawsuit. The court disagrees.

Hupkes advocaten2022-08-17T17:53:29+01:006 June 2020|Contracts for Difference (CFD Providers), Judgments|