Nexus Review: A Scam Disguised as a Financial Recovery Service
Is Nexus Legit or a Scam?
In this Nexus review, we outline why dealing with this company poses a legitimate financial risk. It is less or no better regulated than Nexus Trade or Nexus Consulting as it has absolutely no regulators by the top financial authority, and is outside legitimate financial frameworks. This should be sufficient reason to deal with Nexus Trade/Nexus Consulting as you are not protected by the Financial Ombudsman Service or the Financial Services Compensation Scheme (FSCS).
Nexus Broker Overview
- Website: https://nexus500.net/
- Website Availability: YES
- Address: Hardstrasse 201, 8005 Zürich, Switzerland
- Warning Notices: Comisión Nacional del Mercado de Valores (Spain) -(CNMV)
- Domain Blacklisted Status: It seems there is no direct mention of this domain being on a blacklist.
How Nexus Operates
Nexus seems to reach out to victims by unsolicited phone calls, claiming to help recover lost crypto or investments. They appear to use false names, like “David” or “Phil Kane”, at many times pretending to be called trusted names like FATF. They use different techniques such as asking victims for their bank accounts or email, to subsequently make unauthorized transfers. Their unsuspecting victims are advised that they won’t be charged in advance, only after various processing charges appear.
Red Flags and Fake Promises
What is the biggest red flag? Nexus does not have any financial regulator authorization. It often changes its method of contacting you and goes quiet when you challenge them. Users online have highlighted that this company (and others like Refundee Ltd) downloaded data breaches and targeted crypto investors to blatantly scam them out of their funds.
Final Verdict: Avoid Nexus Trade at All Costs
This Nexus review turns out the company is a scam company with a trust score of 0 points out of 100. And if being safe matters to you, only deal with brokers or recovery services regulated by top-tier regulatory bodies. Nexus is not one of those. Avoid them.
Take Action Today
Don’t wait if you’ve been scammed. To discuss your options and begin your recovery process, contact us for a free consultation. Your financial security is important, and being proactive can help protect it.
At Lycan Retrieve, we work to restore your losses and deliver results. Contact us now to regain management of your finances.
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