Given the legal complexities of forex fraud, a successful outcome is never guaranteed. However, the stronger the evidence against the offenders, the more likely a legal case can be filed – and Court proceedings can often result in a recovery.

At IFW, our investigators will conduct a preliminary assessment of your case to identify any commercial or financial risks of the investigation and advise on the realistic chances of recovery. Equipped with these expert insights, you will be able to make an informed decision on whether or not you wish to proceed with our services.

The duration of a forex scam investigation depends on its complexity and whether legal proceedings are involved. Typically, IFW is able to track down the fraudsters and their locations within one to three months.

After this milestone, a recovery strategy must be implemented in light of the investigation’s discoveries. This process usually includes preparing an initial demand letter, which, if ignored, is followed by legal action and/or the lodging of a criminal complaint and close liaison with law enforcement agencies.

In this case, IFW investigators will assist law enforcement officials with the filing of search warrants and/or criminal charges against the offender, who will most likely end up arrested and prosecuted.

The fundamental features of forex fraud are deception and dishonesty. Therefore, as the victim, you must prove that your decision to send money was based on the fraudster’s false statements about the purported investment.

From there, the expert investigators at IFW will take care of the rest, gathering clear evidence of fraud to meet the criminal burden of proof required in Courts around the world.

The cost of investigating a forex scam varies according to the complexity of the case, the amount of money concerned, and the country from which the offenders operate.

In general, the larger the losses, the more challenging and expensive the investigation – particularly if your funds have been transferred across various financial institutions or money remitting platforms.

IFW’s skilled investigators will prepare a personalised proposal for your unique case, budgeting to maximise the likelihood of a successful outcome.

Due to the amount of time, resources and expenses involved in tracking down criminals behind complex cross-border investment frauds, IFW does not take on any unfunded investigations.