✔️ Information reviewed and updated in May 2024 by Pedro Martínez González
In this section we will analyze Back Capital (backcapital.org), is a company whose function is, in theory, to help those affected by brokers with bad practices to recover their money.
It should be noted that we usually make reviews about brokers, but due to different emails and comments received from affected parties and broker clients, requesting information about the company Back Capital, we have decided to make a review about the company.
The company, as we mentioned before, usually contacts people who have lost large sums of money with brokers (be it a forex broker, a binary options broker, or some other investment) and offers to recover the investment or part of it..
The company mentions having a location at Avenida Diagonal, 211, Barcelona, Spain.
Now, we don't really have much experience analyzing any other type of company that is not a broker, but here we will show you something very curious that we noticed about Back Capital.
If we see the “About Us” section (https://www.backcapital.org/nosotros/) of the Back Capital website, we see that they present their team of professionals.
Now, look how curious, if we go to the website of a law firm based in different cities in Spain, called Roca Junyent http://www.rocajunyent.com/abogados_barcelona/ and we see their team of lawyers, we notice that a large part of the Back Capital team of professionals also appears in Roca Junyent's study, but with another name, strange, right?
You can see the image in full size clicking here.
Well, we noticed that most of the members of Back Capital appear, but with another name, and when looking for the names, we notice that the real name is the one that appears on the website of the mentioned law firm. Here are some examples of the LinkedIn profiles of the “Back Capital members”.
The so called "Arturo Graciani Giralt" from Back Capital, with another name.
The so called "Carlos Serrano" from Back Capital, with another name too.
Here the certain Alonso García Borrás, in Back Capital, we notice that they have simply taken an image from a bank of images (websites that sell images).
Well, the truth is that a service that uses an invented “equipment” does not generate much confidence in us, although it should be noted that we have not yet heard any testimony from people who have worked with Back Capital, so we cannot guarantee 100% that their services They are not real, but of course we do not recommend them.
Other information about Back Capital
Some more information in case you want to contact the company, or see its website for yourself.
Website: www.backcapital.org
Telephone: + 34 911 87 66 29
Email: [email protected]
Ending with this section, in our opinionWe believe that the company Back Capital is reliable? We are not sure. We suggest caution. Why? Because his supposed team of professionals does not exist, he does not trust us.
Update November 2017: We have received an email from the FCA (UK financial regulator and alleged partner of Back Capital) mentioning that THEY ARE NOT PARTNERS OF BACK CAPITAL, AND THAT IT IS POSSIBLY A SCAM.
ATTENTION WITH THE ALLEGED CAPITAL RECOVERY COMPANIES, FROM RECOMMENDED BROKERS WE RECOMMEND TO CONTACT LAWYERS WHO CAN SEE IN PERSON, SINCE MANY TIMES THE ALLEGED MONEY RECOVERY COMPANIES ARE FROM THE SAME BROKER FOR WHICH THE CLIENTS WERE. WE DO NOT SUGGEST SENDING MONEY IN ADVANCE.
What is your opinion? Have you worked with this company? Are you a customer? Do you think our opinion is not correct? We invite you to collaborate with us and vote, you can also leave a comment on our website with your experience if you are a client of the company.
We leave a vote open so that traders, clients and users of the company can vote.
[democracy id = ”74 ″]
Yes, the website is en.mmdfinancial .com /, although when I started working with them the website was in Spanish and the contact telephone number was from the United Kingdom, they told me that this was the service telephone number in Spanish, and that the telephone The attention in English was from Switzerland, because they had another law firm there. The Spanish website is no longer available, although I suspect that the financial rights .com / website belongs to the same people, although I cannot be sure
Hello Scammed, thank you very much for sharing your experience with MMD Financial… Can you tell us more about your experience with this company? Do you remember how you came to find them? Do you have names of advisers, emails? In our opinion it all sounds very strange, we would not trust them. Why not a lawyer you can go to in person? Be careful.
Greetings.
Finally, the lawyer from MMD Financial (Financial Rights) sent me the supposed original sentence in English, until that moment he had only sent it to me in Spanish. Supposedly I have the money recovered from the sentence in a German bank, but I have asked acquaintances and they have assured me that that bank does not exist that this website has been created recently, in addition the domain of the website is not .de, from Germany, as it is that of any German bank. In addition, I have also consulted a well-known lawyer and he has also told me that this sentence is false, that this supposed sentence has not been issued by the British courts. This is why I think I can assure you that it is another scam. Now he is telling me that I am going to get in trouble for abandoning the process now, because I have told him that if he has to claim something from me to do it through the courts, but I am not going to pay anything, I do not want to be scammed again
Hello Scammed, thank you very much for sharing your experience with MMD Financial… do you have the website?
Greetings.
Good afternoon
I too was almost scammed again by another website of this type.
I got in touch with a website called mmdfinancial, it is still active, but only in English before it was also in Spanish. He had lost a lot of money with an unregulated broker. I sent them a message on their website, and a few days later they contacted me by phone and after telling them what had happened they asked me to send them the documentation I had, which is a lot.
They sent me a supposed contract and a supposed power of attorney to be able to take the case that I had to sign and forward it to them.
After a long time preparing the case, writing an alleged written statement and another day taking an alleged oral statement, the alleged lawyer told me that he had hearings with the judge and the broker's lawyer, practically every week, until they finally got to an agreement and they sent me a sentencing agreement, in which they were not only going to return the money I had lost, but they were also going to identify me. I was deluded, thinking that everything was over. The problem started when it came to getting paid. I understood at all times that he was going to pay his fees for the money recovered (18% of the amount recovered), but he said no, that he had to pay it in advance. So I asked acquaintances and relatives and they helped me and looked at the documentation that they had sent me. They realized and made me see that it was all false, that they wanted to scam me again. I have sent him emails asking for more documentation and I have not heard from him again.
Luckily I asked and informed myself, because if I hadn't been scammed a second time, and I have enough with having been deceived once.
Be very careful with these types of companies. Now they have created another website called Financial Rights, which are probably the same, since it is a recently created website and in the Spanish version of mmdfinancial they said they were called Financial Rights. So if you have been the victim of a fraudulent broker, do not contact this company.
If someone has been able to recover money from a fraudulent broker, please let them know, so that the others can also do it or at least try
Thank you very much.
Hello Scam, thanks for the information, do you have the web pages of the companies you mention?
Greetings.
Hello, I am in the same case. According to the judgments, I have the capital in an account in Cyprus Blocked by EUROPEAN BANK until I pay taxes. Double taxation. I have not been able to contact my lawyer, for months, only by email. I would like to contact you personally. Greetings
Good afternoon
A few days ago I contacted a company that promised to recover the money I lost with a broker. I spoke to them and they said yes, they believed there was a case. I have been doing some research and it seems that it is the same one with a different name, depending on where it is based. I have found them by a code that all the webs had in the lower left corner: PSRN 1131690081522.
The webs are called:
mmdfinancial .com /
financial-rights .com /
back-capital.com
chargebacker .ru / en /
refundcash .ru / en / services / index.html
ameroption .com / en / index.html
I don't know what to think about this, but it doesn't seem very safe ... I can't find opinions about them, it seems very strange to me ... Also, on each website the supposed workers have different names
Hello Maria, it is something very normal, that after having problems with a broker, you are contacted by an alleged capital recovery company, and you end up losing money 2 times ... The best thing, if you try to work with one of these companies, is that it is one local company where you live, and that you physically see the people who will work, is one of the few ways to ensure that it is not a scam ...
Hello Maria and the rest. I have contact through a company called financial rights and the website is mmdfinancial.com, with attorney Emma Martins. Does anyone know if this corresponds to a scam?
Hello Cesar: I am in the final stage with this Emma from Financial Rights, or Financial Rights, in Spanish, after a lightning-fast process, in which they asked me for a lot of documents and even a power of attorney for lawsuits and in the end they sent me an alleged judgment of the Supreme Court of London, signed by Attorney General G. COX, and Lady Hale, in which they reached an agreement with the other party to return the capital that they had cheated me. For this, the judge would designate an intermediary banking entity, in my name, where the funds would be deposited, which would be frozen until I deposited 18% of the total recovered in an account, also apparently intermediary, in the name of the lawyer, the which, once their fees have been received, would inform the judge, so that they would unfreeze my funds and they would be credited to my account in Spain.
Logically, it all sounded like another scam to me, because I have inquired about the designated bank, in Nicosia (Cyprus) and I don't even think it exists, it has taken the same logo of the European Bank, but in red and the account where it is supposed to there are the funds, it has all the signs of being also false ...
BEWARE POSSIBLE SCAM.
The same has happened to me, I am very angry that I have wasted so much time with this and that they do not stop bothering me, but I will not pay anything in another scam. I don't think anyone has managed to collect anything with this company
Hello, I am in the same case. According to the judgments, I have the capital in an account in Cyprus Blocked by EUROPEAN BANK until I pay taxes. Double taxation. I have not been able to contact my lawyer, for months, only by email. I would like to contact you personally. Greetings
Hello, I see the comments and I am in the same case, but this answer is from May, I would like to know if now that we are in November, are you still the same? and it really has been a scam. previously I saw positive comments from this company, and now I only see negative ones, PLEASE DOES ANYONE KNOW THAT THE COMPANY IS REAL AND CAN HELP US IN THESE CASES? PLEASE WRITE ME TO MY EMAIL, I would like to know if anyone knows which company is the one that is giving results please.
Hello, I am in the same case. According to the judgments, I have the capital in an account in Cyprus Blocked by EUROPEAN BANK until I pay taxes. Double taxation. I have not been able to contact my lawyer, for months, only by email. I would like to contact you personally. Greetings
Well my experience with back Capital was bad I got tired of waiting supposedly for the recovery but I never got to wait 2 months from the end of December to February and they did not deposit anything and I requested my claim to paypal and they gave me my money back but it is amazing how this study of Lawyers sent me all the documentation signed and sealed by the judges and notaries of Spain I have all the documents and the conciliation that supposedly arrived with the representative of the company of 1000 extra but I contacted the lawyer and he told me that he was not a representative He doesn't even know about that company, that's where I realized it was all a lie. The lawyer's name is Isidoro Orea Bonilla. and the document had been signed by the attorney of the courts of Spain called FERNANDO ANAYA GARCÍA and certified by Mr. JOSÉ ALBERTO MARÍN VICEDECAN OF THE NOTARIAL COLLEGE OF CATALUÑA. This case was brought in the ADMINISTRATIVE ADMINISTRATIVE COURT 1 INSTANCE 9 ° BARCELONA. Well, the lawyer Isidoro told me that all this was going to inform the authorities of that country, I hope this can help them since there are companies that want to take advantage of people's despair, but I found their way of working very strange because I They said that the money first goes to an insurance company and from there it goes to the client and I told them to withhold 18% of their fee from what was recovered but they told me they don't work that way. What to deposit them and then they deposit us into our account. now the page no longer exists I have tried to find it if successful.
Hello "CLIFF", exactly, the Back Capital website is not accessible anymore, believe it or not, these people who supposedly will get your money back and then try to scam you are quite common in the world of brokers, many times they are the same companies who scammed you and then offer you these "solutions" ...
A greeting.
For this to be valid they would send you a document a document of the sec.
I was scammed by cfd stocks and I contacted back capitals they told me that they reached a first agreement with them and they would return 51000 for that I had to pay them 18% of what was recovered so that they could send me the money and reach an agreement with They who first was going to pay them 9% to send me half the money and that was more than a month ago and they still haven't sent me anything and they don't answer. Do you have any information to whom I could go to help me recover something please.
Hello Juan, it is a pity this, we have already received other comments from scammed by brokers who were later scammed by this supposed firm that recovers the capital, we do not know any procedure to recover your capital, we are sorry. If you are interested you can comment your experience about CFD Stocks here, in order to prevent more people
I also paid the 79 euros as the beginning of my case, they told me that there were 2 options, one was through insurance that I had to pay 30% of the amount to recover what was lost, but since I did not have it, this 1000extra platform left me in the bank Broken couldn't afford the insurance.
The second option was with a lawsuit that was what I accepted after a month they called me and told me that they had contacted the lawyer of 1000extra that at the moment I cannot give his name and they have reached an out-of-court agreement that they They returned 78% of my capital, they sent me all the documents signed and sealed by the judges and notaries of Spain and I am waiting for them to send me the money recovered as I do not have money to pay them their fees, I have asked them to be in two parts, I am waiting for 50% of what has been recovered. But they are taking too long and a month has passed and until now they do not send me anything according to my lawyer that due to the end of the year parties they have been delayed a bit but we are already January 22. He called me last week when he was traveling to England to follow up and give him a prompt solution.
Well I'll be waiting if not I'll be giving you more details.
Greetings.
Hello Cliff, thank you very much for sharing your experience with Back Capital with us, we wish you luck, but in our opinion we do not recommend working with Back Capital, we do not find them reliable.
A greeting.
hello did you get the money? a year has passed, and from what I read when you wrote this you were on hold ... I would like to know an answer, thank you
It's a fraud
I paid the start of 79 Eur by paypal immediately they contacted me, they seem quite legal they give you two options once the lawsuit against the scam company has started in my case 1000extra, they give you the option to recover the total capital with an insurance that supposedly all the accounts they have, they are 30% of the lost for the insurance payment where they guarantee that in two weeks you receive the total scammed, but it seemed very suspicious because I did not see this insurance anywhere, the other option is to continue with the process of demand where you can recover the capital between 50 to 80% I waited for an answer for more than two weeks and they did not give it to me then I started a dispute with PayPal and they believe they answered that they are legal, but Payapal agreed with me and I recovered the 79 Eur It is a scam, do not trust this page
Hello Oscar, thank you very much for sharing your experience with us, greetings.
scam scam scam !!! be very careful, they are not from Spain or from the union.
Hello July, thank you very much for sharing your experience, were you in contact with Back Capital? Why are you mentioning that they are scam?
All the best
Hey.
I was scammed by the Stoxmarket broker out of a total of 4690 Usd. These people from Back Capital contacted me and promised to recover the capital in 30 business days by depositing 79 euros and when the capital was already in my account I should deposit 18% of it. Can I trust this promise?
Hello Eugenio, because just today we had planned to update the review, the FCA (UK regulatory body and supposed partner of Back Capital) has responded that they have no relationship with them and that it is probably a scam, in addition to the assumptions company workers are bogus. Have you even read the review?
We wouldn't trust them too much, but maybe you want to try, we wouldn't.
All the best
Hello Eugenio, in fact we noticed that we had already updated the section, please take a look.
A greeting.
hello.
I am from Peru, at first I was scammed by PoloInvest and to recover this capital of 30000 dollars I contacted the financial rights law firm represented by scammer named w. Laporte who to date has me waiting claiming that my account is frozen in the EuropeanBank represented by a certain Charles Dawson who contacted me to pay the tax.
I will be grateful to help us and tell us that we must do all this, it takes away credibility from working on the web or believing in companies via the Internet.
Hello Orlando, thank you for sharing your experience with Back Capital. It is a hoax to get more money from you, they have images of lawyers taken from other websites of real lawyers to show that they are going to recover what you lost, but it is not true, it is all a farce. If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.
Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?
regards
Thank you for sharing the experience.