Warning: Is GoldenTargets a Scam?

Review: GoldenTargets (goldentargets.com)

We audited GoldenTargets (goldentargets.com) and discovered disturbing issues.

We found that the company name is GoldenTargets, and it is located at Bremgartenstrasse 37, 3012 Bern, Switzerland.

GoldenTargets claims to be a financial provider, but it appears unregulated by any major financial regulator, like the ASIC or CySEC.

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Can You Trust GoldenTargets?

The major issue is that GoldenTargets (goldentargets.com) lacks regulation from a credible authority.

Trading with unregulated brokers is very risky. Real firms are must be licensed with bodies like the FINRA or FCA for your protection.

GoldenTargets operates without this protection. This means there is no legal recourse if they withhold your money. Most online scams involve unregulated actors, and recovering funds from them is challenging without expert assistance.

For example, in Europe, unlicensed firms are not covered by the Financial Ombudsman. In America, they are not members of regulatory bodies, meaning your money is at risk.

Common Scam Tactics

Online trading fraud is evolving. Scammers use social engineering to steal wealth. Below are typical methods used by sites similar to GoldenTargets (goldentargets.com).

Pig Butchering & Romance Scams

"Pig Butchering" is a brutal method where scammers build trust over months. They build a relationship on social media. Once trust is built, they introduce a "lucrative" investment. It is a lie to get you onto a fake platform .

Rigged Platforms

Scammers build websites that mimic real trading apps. You see graphs and profits that go up. But it is a simulation. The scammer controls the numbers to convince you so you invest more. If you ask for a payout, the "profits" disappear.

Red Flags

• Unsolicited Contact: You get calls from "brokers" out of the blue.
• Unregulated: The company lacks authorization.
• High Returns: They promise huge profits with no risk.
• Cannot Withdraw: You cannot get your money out. They demand "tax fees" before releasing funds.
• Aggressive Sales: "Account managers" pressure you to invest bigger amounts.

Ignore fake reviews. Fraudulent brokers often write their own 5-star reviews to look legitimate.

Conclusion

We advise against GoldenTargets. It is likely a fraud. Protect your money and find a regulated broker. Avoid goldentargets.com at all costs.