Q: I was cheated by online international stock trading website of Seychelles and I am from India so what will be my remedy
Where I can pursue my remedy since its online fraud. One manager from online trading company told me that he will keep watch on trade and immediately call me for closing any position and told me not to close or open any other position and since then he was not calling me or replying to me on telegram. I checked my account and all positions are auto closed and my entire amount is siphoned off. One Company viz Global regain organisation from DC washington claiming to recover my money . Is that possible. Please guide
Lawyers, want to be a Justia Connect Pro too? Learn more ›
- (916) 704-3009
- View Profile
- Answered
A:
It's distressing to experience online fraud, especially with international trading. Firstly, gather all evidence related to the fraudulent activity, including communications and transaction records. Report the fraud to your local cybercrime authorities in India and also lodge a complaint with the Seychelles Financial Services Authority (FSA).
For cross-border disputes, consider contacting a legal expert familiar with international fraud cases. They can guide you on the best course of action and help you understand your rights. Additionally, inform your bank about the fraud to see if they can assist in freezing any transactions or recovering funds.
Be cautious about companies that claim they can recover your money for a fee, as these could be scams. Always verify their credentials and seek independent advice before proceeding. Protect your financial information to prevent further losses.
Justia Ask a Lawyer is a forum for consumers to get answers to basic legal questions. Any information sent through Justia Ask a Lawyer is not secure and is done so on a non-confidential basis only.
The use of this website to ask questions or receive answers does not create an attorney–client relationship between you and Justia, or between you and any attorney who receives your information or responds to your questions, nor is it intended to create such a relationship. Additionally, no responses on this forum constitute legal advice, which must be tailored to the specific circumstances of each case. You should not act upon information provided in Justia Ask a Lawyer without seeking professional counsel from an attorney admitted or authorized to practice in your jurisdiction. Justia assumes no responsibility to any person who relies on information contained on or received through this site and disclaims all liability in respect to such information.
Justia cannot guarantee that the information on this website (including any legal information provided by an attorney through this service) is accurate, complete, or up-to-date. While we intend to make every attempt to keep the information on this site current, the owners of and contributors to this site make no claims, promises or guarantees about the accuracy, completeness or adequacy of the information contained in or linked to from this site.
