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Investigation

FAQ

Get your money back from Boiler Room Fraud

Have you fallen victim to boiler room fraud? Get in touch and take the first step to recovering what’s rightfully yours.

Some of the frauds we investigated

What is boiler room fraud?

What is a boiler scam fraud?

Boiler room fraud is a type of unlicensed share dealing, getting its name from the intense, high pressure sales tactics used by brokers.

Where is likely to be targeted?

Boiler room fraud typically operate from countries such as Spain, Bermuda and America, so they are outside the UK authority barriers.

How does the fraud work?

Boiler room fraud is a scam that targets people through investment in either worthless or non-existent shares, causing the trader to lose their funds.

Expert Assistance

Our team of experts can guide you through the process of recovering your losses.

Get your money back

Once you successfully execute the action plan, you'll recover your lost funds.

How to avoid boiler room scams

As you may be aware, the U.S. Department of Justice (DOJ) and the FBI have conducted an investigation into a number of recovery companies, including Payback. Payback fully cooperated with the authorities throughout their investigation, and we are pleased with their decision to return our website in order to resume our operations in the US.

This inquiry into Payback was an opportunity for us to perfect our product and services and ensure stricter compliance with applicable US law. We look forward to continuing our work helping victims of online scam get their money back.

Your money back guarantee

Retrieving your losses can be a lengthy process, and it all starts with our investigation. Therefore, we must have your trust every step of the way. So, if for any reason you are doubtful, you can ask for a full refund within 14 business days.*

How to avoid boiler room scams

 

Exploiting emotion

Boiler room scams take full advantage of the emotional aspect involved in order to get their money. Using high-pressure sales tactics, such as cold-calling, intimidation and using their limited knowledge to appear confident

False promises

By assuring investors that their investment will generate a return, this then causes doubt in the investor’s mind and makes them feel as though they are missing out if they don’t take the investment.

 

Are pump and dump scams linked to boiler room fraud?

If you ever receive a cold call with the promise of getting a high return on your investment and the above tactics are used, then it is highly likely that this is a form of boiler room fraud.

Let's start your investigation!

Get in touch and our team of experts will work tirelessly until they provide you the tools you need to get your money back.

Retrieve your money from a scam!

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Video reviews

The types of scams we can help you with

Binary Options

Digital Currency

Forex

Property scams

Credit card phishing

Stock trading

Romance

Other scams

More about Payback and our Fraud Investigation Services

About Payback

PayBack has only one mission: to protect people from frauds and scams online worldwide, whatever it takes. We help victims of online fraud retrieve what is rightfully theirs using our Investigation Reports and tailored Action plans. Although several types of scams have stood the test of time and are constantly growing in number of victims, new scams constantly pop up. Our job is to stay updated on both old and new scams to help the victims and inform our clients on how to stay safe in the future. We aim to be the number one company in the world to whom people can turn when they try to protect themselves from scams or when they need the tools to fight back after being a victim.

Very often, recovering losses from a scam doesn’t require a lawyer, court, or the legal system in general. Processes such as ADR allow one to retrieve money lost to a scam without a lengthy legal procedure. Yet to do that, one needs to be familiar with the ADR process, with the intricacies of the bodies involved, and armed with the needed evidence. This is where our Investigation Reports come in handy. The investigation report not only finds and gathers all the needed evidence in one place, but it also provides a suggested Action Plan that guides our clients through the retrieval processes (such as ADR) and shows them step-by-step how to navigate them and what exactly they should do to retrieve their losses.

Unfortunately, no. For example, some scams involve people taking cash from their victims. Such cases rarely have a successful outcome, and we make sure people who come to us with such cases know it. It is very important to us to be transparent with our clients, and we make sure to give them an honest and straightforward assessment of their case and what we believe they can expect in terms of retrieval of losses. So, if we believe you can do nothing to retrieve your money, we will tell you so immediately.

This is exactly why our “Free consultation call” practice is in place. It gives you a chance to tell us what happened and get our initial thoughts free of charge. Once we present our opinion and similar cases we’ve dealt with before, you can make a more educated decision about whether our services are for you or not. So, before making a decision, secure a free consultation, and let’s move on from there.

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