Germany’s financial watchdog BaFin alerted of follow-up scams targeting investors who already lost to binary options, promising to recover the money that they lost against an upfront payment. However, any advance payments made to such recovery fraudsters only add to existing losses and might have devastating financial consequences. Furthermore, the regulator’s alert notes that recovery room scammers buy and sell lists of previous victims of unlawfully operating binary options trading platforms, so that they can cold-call them and possibly swindle them out of what is left of their hard-earned money. Sometimes these cons present themselves as government officials. Although some government agencies could indeed help people who have lost money, they don’t charge any fee, nor guarantee refunds.
sucker lists of the previously scammed are sold at high prices. these people are ideal to being suckered for a 2nd time or perhaps a 3rd time.