Another recovery company - Funds-Back.com
Firstly take note that the name chosen for this company is pathetic. It sounds like a domain name that hadn't been taken and that they were in a hurry to get trading (possibly not for the first time.) Scammers continually run different websites all with the same group of scammers behind them. This means that once they begin to get bad reviews they can just shut up shop (that website) and carry on with another, sometimes without changing phone numbers.
Online reputation is not good for this site. At least two other reviews site this website as a scam but they are going, mostly on hunches as they do not appear to have much evidence. Yes, sure the copy is a bit rushed and unreliable, but then these people do speak Hebrew during the day and so may not have noticed.
Their landing page is completely different to the main page which has a human chat on. Let's see what they can do:
So as you can see here, these companies have nothing to do with investigation or preventing this fraud happening again, they just help you persuade the bank that they are liable and make them pay, and then keep a percentage. They refuse to even admit it is possible to track these companies down.
Let's continue the investigation by checking the phone numbers on the web:
Well looking up the +442036080432 number online, we see that the first hit for this number is with scambroker.com under a company called Borman Corp:
BormanCorp is an unlicensed Crypto Forex CFD broker, which opened in July 2018, and is now closed.
BormanCorp is actually owned by: Board LTD, and located at: Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, MH96960 Marshall Islands. Their phone number from the United Kingdom was: +442036080432. Customer support email address is: firstname.lastname@example.org, and the official website is: https://www.bormancorp.com.
This is confirming something we had hitherto only suspected - that many of these 'recovery' companies actually work alongside or actually are the scammer brokers, just after another cut. Let's see what Suzie makes of this:
OK so Suzie seems to think that none of this is true and maybe she's right, after all, we do not know that the ScamBroker.com site isn't the fraudulent one. They do have a CFD trading warning at the bottom of their site, which means that they offer services that they know will take money from their clients. We will have a look at them later...
They have also had to add a note that they do not offer financial advice or provide financial services to UK citizens:
OK so we can see that they have been advised by the FCA to be very careful with what they write on their site and that they consider recovery not to be a financial service. It is possible that they were a broker historically, but we are yet to see proper evidence of this.
On LinkedIn we can see that someone has made a fake profile: https://www.linkedin.com/in/bormancorpbrianellis/
with the same phone number and various jokes about fraud. Whether this as an upset customer or a member of the competition we do not know.
Scams hunter report the same but then they appear to be connected with https://scamshunter.com/review/bormancorp/
to other recovery companies so you cannot trust their information either, but several other similar websites show that they have the same number.
All of these sites are suspicious so we will ignore these claims, any forex related review site that takes fees for linking to anyone should be ignored as they are just part of the same scammer network.
They do not have an entry on Google Maps: