Fasatgh.com presents itself as a legitimate online trading platform offering access to a variety of financial products, including forex and cryptocurrency investments. Despite its polished website and professional presentation, a recent investigation by BaFin (Federal Financial Supervisory Authority) confirms that Fasatgh.com is not authorized to operate in the financial markets. This report explores the red flags, regulatory findings, and how victims can recover funds with the assistance of Recoverly Ltd.
Fasatgh.com: An Overview Launched with claims of offering global trading services, Fasatgh.com markets itself to unsuspecting investors seeking high returns. The platform purports to be registered and compliant with international financial laws, yet offers no verifiable documentation to support its legitimacy. Key features include alleged forex, CFD, and crypto investment opportunities with “guaranteed” returns. BaFin Warning and Regulatory Status On April 11, 2025, BaFin issued a formal warning against Fasatgh.com, asserting the platform operates without any valid authorization. According to the German regulatory authority, the entity fails to comply with the mandatory registration and licensing requirements for financial service providers. This directly contradicts Fasatgh’s claims of regulatory adherence, marking it as an illegal operator. Key Red Flags- Lack of Regulatory Oversight: No licensing details are provided, and its operations are unrecognized by any major regulatory body.
- Anonymous Operation: The website provides no transparent company ownership, physical address, or verifiable contact details.
- False Promises: Offers of risk-free, guaranteed high returns are a classic sign of investment fraud.
- Pressure Tactics: Victims report aggressive account managers urging immediate deposits and discouraging withdrawals.
- Complicated Withdrawal Process: Many users report stalled or denied withdrawal requests, a hallmark of scam operations.
- Tracing blockchain transactions
- Filing regulatory and legal complaints
- Negotiating chargebacks or fund recovery
- Providing forensic reports to law enforcement
- Cease all communication with the scammers.
- Secure your accounts and change passwords immediately.
- Gather all documentation including emails, transaction receipts, and chat logs.
- Contact Recoverly Ltd at www.recoverlyltd.com for a free consultation.
- Always verify broker credentials with your national financial authority.
- Avoid platforms that guarantee profits.
- Use well-reviewed and licensed trading platforms.
- Educate yourself about common online scams through resources and blogs.
