Q: Funds trapped with Swissquote Bank, multiple fees imposed, seeking legal action for fund retrieval and damages.

A: The situation you're describing has multiple warning signs of fraud rather than legitimate banking practices from Swissquote, which is a regulated Swiss financial institution that wouldn't typically impose escalating "fees" after initial withdrawals. These endless payment demands with promises of refunds followed by new obstacles are hallmark tactics of sophisticated investment scams, not legitimate banking procedures.

Your first step should be contacting Swissquote directly through their official website or phone number (not using contact details provided by those demanding money) to verify if you're actually dealing with the real bank. File complaints immediately with your local financial regulator, banking ombudsman, and law enforcement, providing them with all archived communications, transaction records, and proof of your identity verification with the purported bank.

If this is confirmed as fraud, focus on working with law enforcement for potential fund recovery; however, if you've been dealing with the actual Swissquote, consult with a financial litigation attorney who handles cross-border banking disputes, as Swiss banking laws may affect your case differently than local regulations. Document all financial hardships and emotional distress resulting from this situation, as these could potentially form part of your damages claim if legal action proceeds, though recovery of funds beyond your initial investment would depend heavily on proving deliberate negligence rather than just poor service.