✔️ Information reviewed and updated in April 2024 by Pedro Martínez González
In this section we will tell you why You should NOT invest in TELEMUS. We analyze the website, we observe every detail and we examine the main characteristics that are taken into account when choosing a good broker such as the location, the company to which it belongs, its regulation, its reputation…
A pocas palabras WE DO NOT RECOMMEND IT. Below we will show you essential information about TELEMUS and we will tell you why we reached such a conclusion:
Basic Information
| 🌐 Website | telemus.world | telemus.capital | web.telemus.top |
| 🏠 Company* | TELEMUS CAPITAL |
| ️ Regulatory | Not regulated |
| [email protected] | |
| 📈 Leading | own platform |
| 📌 Direction | does not mention it |
⚠️ TELEMUS is owned by TELEMUS CAPITAL, the company does not mention where is located, potentially dangerous for its clients due to its lack of regulation and lack of seriousness. Clients are unprotected. The company is located in a very unsafe place, be careful. ⚠️
Account types
Now we will analyze the types of accounts offered by TELEMUS, in this case, we observe that it does not offer types of accounts.
Information on the web
TELEMUS provides a basic explanation about the financial products it offers, market news and analysis, live charts, really not much more than this.
List of phone numbers
At the moment we have not found phone numbers.
🚫 Final evaluation of TELEMUS 🚫
Finally, and in a few words, our recommendation is: DO NOT INVEST WITH TELEMUS.
As we mentioned before, it is a financial company located in a place where you will not have protection from the law in case of being harmed, that is, you will not be able to claim anyone if an unfortunate event occurs such as the sudden loss of your funds or the closure of the company.
In case of problems, it is most likely that the authorities of your country will not be able to do anything. As a client of this company you are unprotected!
Investing with unregulated brokers or brokers based in such countries is very risky. It is best to invest with a regulated broker, based in a serious country.
Updates
News about TELEMUS:
| Date | Update – news |
|---|---|
| February 2023 | We receive a large number of messages from TELEMUS clients who claim that they cannot withdraw their capital. |
| May 2023 | The Telemus Capital broker is closely linked to ForzaTrade, a broker with many accusations and complaints. |
User Reviews
What is your opinion? We invite you to collaborate with us and vote. You can also leave a comment about your experience with TELEMUS.
At the end of the review you will find customer comments.
How to Claim Money scammed by TELEMUS
If what you want is to know how to claim your capital, if you have been scammed, further down in the FAQ section you can find our advice.
How to Report TELEMUS
If you feel dissatisfied with the service provided by the company, and for some reason you want to report it, below, in the FAQ section, you can find the best way to report this company.
FAQs
How can I report TELEMUS?
This depends on where you are, you should go to the financial regulator in your country. Write us a comment on this review and we will help you.
Is TELEMUS a scam – is it a scam?
Yes. We believe that TELEMUS is Scam. We have received messages from clients who mention not being able to withdraw their capital, this added to other very negative characteristics of the company.
Is TELEMUS reliable?
No. TELEMUS is not reliable, it is a very unsafe company: 1) is based in unsafe countries, 2) has a very bad reputation 3) has a lot of complaints 4) It is a relatively new broker without seniority. These characteristics make the company very unreliable.
How to recover money from TELEMUS?
If you want to know how to recover your capital, you can see it here. We explain in detail the process of recovering money from a scam company, step by step.
Are there (recommended) alternatives to TELEMUS?
Yes, of course there are better and safer options! You can see here the brokers we recommend: ranking of the best brokers.
Hi Ignacio
I'm Jermy, don't believe in TELEMUS, from TELEMUS they contacted me to recover my money and told me that they were going to resolve it through lawyers, of course, shortly after, they requested payments that started from the lowest value and were increased as the case progressed through documents. and so on with the court, and they continue like this until now, asking me for money, which at the moment I see is a lie from my investigations. Now what I am going to do is travel to the United Kingdom where I was still scammed. For security reasons, I do not enter my personal information because they will surely use it for some non-legal purpose. Of course, I will tell you in advance what these people are going to tell you about my comment. They will tell you that I come from the competition and that at no time have they reviewed my case, I was scammed by another company called InsureTrade in addition to TELEMUS, but from experience I recommend that you do not waste any more money or time, they will tell you endless excuses and things like that, in the same way they warned me but I didn't pay attention and I lost money with these people, I wouldn't like the same thing to happen to you, what if you want me to tell you my story in great detail, leave your email so I can tell you. I sent an email telling you how it happened to me so that you don't fall into the same situation, with everything and documents, of course if you don't want me to tell you, nothing happens, in the end it is your decision if you want to continue losing money, I just don't like them and I can't stand abusive people who take away our life savings.
PS: Remember that if you have to pay excessive amounts to recover your money it does not make any sense, much less paying for lawyers who can easily do the process by going to the regulatory wings within the country, where they scammed you.
Hi Jeremy, thanks for your good explanation. Don't pay anything else, if you pay you will lose it anyway, they want you to fall into their trap again, they just lie, nothing they say is true, don't believe anything and pay nothing. Thanks for writing about TELEMUS (they are the same ForzaTrade scammers). Currently this broker is considered a SCAM.
If you are a client, do not make more contributions, their only objective is to steal from you, they manipulate operations manually, they keep the money from when it reaches their accounts, it does not enter the market, everything is prepared for you to lose or make you lose your money to have the excuse to keep it.
If you decide to withdraw and they request a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it! That's the warning, from that moment you have to know that you are a client of a scam broker and no matter how much you pay you will never see your money.
To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.
If you want to recover your money go to our chat or check the form in this link: CLAIM YOUR MONEY
Greetings.
Hey.
I was also scammed by TelemusCapital, I tell you that I contacted through Facebook, first with a certain Martin Álvarez on September 13, 2023, for the academy classes on how to invest in Telemus Capital, later I contacted a supervisor named Thomas Brandon, and his assistant Valeska Manager Assistant with cell phone number +44704528308 to be in contact via WhatsApp, and on October 10, 2023, the acquisition of 3 BTC (Bitcoin) with a total value of 45000 USD was carried out, Therefore, a value of 44241.37 USD was entered, and later this Mr. Thomas Brandon withdrew arguing that he was ill and assigned Mr. Jhon Duran to continue with this process. When generating profits they told me that we had to withdraw the resource because they would have an audit. But it supposedly passed into the hands of Blockchain [email protected], in which I was assisted by a certain Manuel López, who requested the amount of $358000.00 pesos for the release of the funds, and subsequently made me pay the following amounts for United Kingdom taxes:
• Legal Expenses: $3021,42 USD These expenses cover the legal fees and professional services required for the funds recovery process.
• Notary Expenses: $2000,00 USD These expenses include the notary fees associated with the certification and authentication of the legal documents required for the legalization of the funds.
• Apostille Expenses: $1000,00 USD These expenses cover the apostille procedures required to validate documents internationally.
• Document Translation Expenses: $1103,80 USD These expenses correspond to the professional translation of the documents necessary for the legalization process.
• Subtotal: $7.125,22 USD
• Taxes (21%): $1.496,29 USD
• Total to pay: $8.621,51 USD
And once you make these payments.
They asked me for another amount of $120,000.00 Mexican pesos, saying that this would recover my funds, but it turns out that not always.
But currently they are asking me for another amount of $12,500.00 USD according to the guarantee policy for the withdrawal of my funds that is currently in Coinbase and which amounts to the amount of $219751.10 USD.
and I am being assisted by a certain Daniel Alexander Philip and the lawyer Abril Sandoval, legal representative of Telemus Capital and that it would be the last payment to be made for the release of my funds and that I have until February 16, 2024.
If necessary, I will send you all the necessary information for further clarification.
Hello IGNACIO, thank you for your extensive and interesting explanation. Don't pay anything else, if you pay you will lose it anyway, they want you to fall into their trap again, they just lie, nothing they say is true, don't believe anything and pay nothing. Thanks for writing about TELEMUS (they are the same ForzaTrade scammers). Currently this broker is considered a SCAM.
If you are a client, do not make more contributions, their only objective is to steal from you, they manipulate operations manually, they keep the money from when it reaches their accounts, it does not enter the market, everything is prepared for you to lose or make you lose your money to have the excuse to keep it.
If you decide to withdraw and they request a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it! That's the warning, from that moment you have to know that you are a client of a scam broker and no matter how much you pay you will never see your money.
To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.
If you want to recover your money go to our chat or check the form in this link: CLAIM YOUR MONEY
Greetings.