Fraud by Binary Options: Online trading platform “Stackoptions” - SCHEIBER Attorneys at Law in Dubai

Some banks based in Dubai, United Arab Emirates , acted as receiving banks for the investments in the online trading platform “Stackoptions”.

“Stackoptions” is built on fraud . The web page ‘www.stackoptions.com’ is already no longer attainable. Numerous investors were brought around their savings. Unfortunately, it is only with difficulty possible to find the backers of “Stackoptions”, in order to be able to get back from them the invested money.

But there is a glimmer of hope! It has been noticed that the receiving banks involved have often violated their due diligence and compliance obligations. This makes it possible to sue the receiving banks for damages.

SCHEIBER Attorneys at Law was on site in Dubai to discuss proceedings against the banks concerned with local attorneys at law.

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