Scams are a bad thing and big business. Every day, millions are stolen from tens of thousands of consumers via fraudulent online trading or investment sites. The pattern is always the same. Upon the first deposit, the victim sees the bonuses credited to his dashboard. Then first profits. Then the account managers a/k/a boiler room agents take advantage of the flaring greed to ask for more money. If the client wants withdrawals, suddenly the money is gone. And then the fund recovery experts like Global Financial Fraud Investigator (Global FFI) come along and promise to get the money back. In this final process, victims usually lose money again. Stay far away.
The Global FFI Case
Below is a translation of the email that Global Financial Fraud Investigator (Global FFI) is currently sending out to victims of different scams. Where do they get the victims’ data from? Of course from the scammers who sell it to them. Trading the data of (future) victims is good business. The email sent by Jonas Goldbaum (fake name) in very bad German claims that the Global FFI would cooperate with the European Crime Center (E3) and act on their behalf. This is of course plain nonsense.
EC3 is a Europol initiative. They would never cooperate with fraud organizations such as Global FFI. They do not cooperate with any civilian organizations anyway when it comes to fund recovery because they do no fund recovery.
The Fraud Email
<start email>We are entitled to inform you that the European Cybercrime Center (EC3), in its investigations, has discovered an account (crypto-wallet) in your name and your credentials. This (account) crypto-wallet was used to conduct transactions of a dubious nature. As a result of the investigation, it turned out under which data this account (crypto wallet) was opened. The case was referred to our investigation to our organization. The account itself (crypto wallet) was blocked until the circumstances of the case were clarified. Currently, like the case itself, this account (crypto-wallet) is In the records of our organization.
We would like to warn you immediately: our organization does not deal with the search and return of money previously stolen by fraudsters. In cases involving money that has already been discovered during the investigation of the European Cybercrime Center (EC3), we can assist in the return of the stolen money. If it turns out that the funds seized during the investigation by the European Cybercrime Center (EC3) are less than the amount stolen from you, we will not be responsible for this.
Global FFI employees follow specific working protocols in their activities and are required to act in accordance with their instructions. Based on this, you will first be contacted by a Global FFI security officer, who will verify your identity and compliance with the available information (passport data, IBAN, circumstances under which you were deceived, and possible information about fraudsters who have stolen money). After that, your case will be opened for further processing in our organization.
You can always opt-out of cooperation with Global FFI at any time. In this case, you will automatically remain among the suspects of the European Cybercrime Center (EC3) and refuse to return your lost money.</end email>
Do not fall for Global FFI
On the Global FFI website (www.globalffi.com) there is no information about the legal entities or persons behind it. An address in an office center in Brussels, Belgium, is given.
Europol set up the European Cybercrime Centre (EC3) in 2013 to fight cybercrime in the EU. Since its establishment, EC3 has been involved in many high-profile operations and hundreds of on-the-spot operational-support deployments resulting in hundreds of arrests. The truth, however, is that EC3 would never cooperate with a scam like Global FFI.
We would like to know who is behind the Global FFI fund recovery scam. If you have any useful information, please let us know via our whistleblower system Whistle42.