Cross-border investment Q&A: How to identify fake investment platforms and avoid losses?

Case Overview:
Mr. Wang came across a foreign exchange investment platform at an international investment forum that touted high returns. The platform's promotional materials were very professional and had won multiple industry awards. Intrigued by the platform's investment projects, Mr. Wang decided to invest $50,000. After making the payment, the platform representative continued to promise returns. However, a few months later, the platform disappeared, and he could no longer contact it.
Legal Response:
Evidence Collection and Risk Assessment:
Wang provided Financial Legal Aid with the platform's promotional materials, investment contracts, payment receipts, and communication records with the platform representative. After an initial assessment, Financial Legal Aid determined the platform to be a typical investment scam and recommended that Mr. Wang preserve all evidence for possible litigation.
Transnational Judicial Cooperation:
Financial Legal Aid first contacted law enforcement agencies in the countries where the platform operated, requesting an investigation and tracing of the funds. Through international judicial cooperation, Financial Legal Aid discovered that the platform's funds had been transferred to multiple overseas accounts.
Transnational Litigation and Arbitration:
Financial Legal Aid assisted Mr. Wang in initiating a transnational civil lawsuit, seeking the return of funds and holding the platform accountable for its illegal activities through international arbitration proceedings.
Case Highlights:
1. The law firm assisted Mr. Wang in filing a civil lawsuit and initiating arbitration proceedings overseas, seeking the return of funds and accountability for illegal activities. Ensure that the platform is regulated by financial regulatory authorities and review relevant qualifications and certifications. Investors should be aware that any investment promising high returns may involve risks, especially projects offering returns significantly above the market average.