1st Trade Options Scam


Many people have been victims in the last years of this criminal group.

Most victims are Canadians mostly retired or advanced age.

These criminals promise profitability in riskless investments, people in an innocent manner deposit their full confidence for a type of ponzi-type scam, it is fictitious investments with fictitious profits because in the end they do not get any profit.

The stock market is regulated and this company does not have the licenses to operate so that all its activity is fraudulent.

It is enough to deceive to be a scam.

This criminal group 1st Trade Options uses many lies from names of false people to fictitious documents.

Be very careful with this type of fraudulent companies that are dedicated to this type of business since the main scammers in the vast majority of cases are not even Panamanians, but they are foreigners who use countries such as Panama and Costa Rica to delinquir.

It is important before making any type of investment contact a lawyer to investigate the company.

La Superintendencia de Valores de Panamá ​​is the institution of the Government that grants the license for this type of activity, if a company is operating without this license, it is doing it illegally and all the activity they perform is illegal, so there is No security or warranty if this company does not have the license.

La Superintendencia de Valores de Panamá is clear and maintains a notice on its website of all fraudulent companies that are operating without a license and maintains an alert message to all those investors on the website.

If you have been the victim of this group even if you have spent two or three years know that you can take legal action.

This type of scam has two aggravants.

  1. The amounts exceed 100,000 USD
  2. It is performed through the Internet.

Many victims lose a lot of money and do not know that they can take legal action to try to recover their money, as they do not know what to do and in most cases leave things like this and lose their money.

Each action has a consequence, each crime has a punishment.

We are a group of lawyers specialized in this type of case and we have already obtained positive results in previous cases.

Panama is a country with high prison sentences for this crime, a criminal who commits this type of crime may have a penalty of between 8 and 10 years in prison.

For this type of case, we have an experience of more than 10 years, we know the mentality of this type of people.

If you have been a victim of a scam and want to take legal action, do not hesitate to contact us.

Marcelino Aguilar
Criminal Law attorney