Home » Technology » ⚠️ Warning of WhatsApp group “X5 Schwarz Trading Institut” and fraudulent app “Schwakap”

⚠️ Warning of WhatsApp group “X5 Schwarz Trading Institut” and fraudulent app “Schwakap”

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Urgent: Law Firm Eser Warning on New WhatsApp Investment Scam!

Stuttgart, June 11, 2025 — The law firm Eser has issued a critical warning about a new sophisticated investment fraud scheme targeting prospective investors via WhatsApp groups. This breaking news is designed to alert potential victims and guide them on how to protect themselves.

WhatsApp Investment Fraud Alert

Investors are being lured through WhatsApp groups, with promises of lucrative stock market gains via a fraudulent app named “Schwakap.” The scam involves false promises of a personal credit account with daily profit growth, all facilitated through an unregulated platform.

Fraudsters are misusing the brand and logo of Charles Schwab to enhance their credibility, ensuring that victims are likely to fall for the deceitful tactics. According to Attorney Eser, this type of fraud is highly organized and has international dimensions.

The Mechanism of the Scam

The fraudsters request potential victims to download the “Schwakap” app and engage in stock market trading through the platform. Transactions are often routed through accounts of Easy Payment and Finance EP SA (Spain), making it challenging for victims to retrieve their funds.

Investors are repeatedly asked to deposit more funds and face frequent demands for “activation fees” or “verification,” making it impossible for them to withdraw their money once invested.

Legal Insight and Expert Advice

According to Eser, affected investors should refrain from further payments and immediately report their experience to both the police and legal authorities. He cautions that a criminal complaint alone may not be sufficient to reclaim lost funds.

“Our law firm will use all legal means to enforce claims for repayment and damages, and to secure assets,” says Eser. “Victims should not remain silent out of shame or fear but should seek legal advice promptly to prevent further losses.”

What You Should Do Now

If you think you have been a victim of this fraud, take the following steps immediately:

  • Stop making further payments. Document all payout attempts.
  • Contact your bank and request the recall of the transfer if necessary.
  • File a criminal complaint with the police.
  • legal advice from a specialist law firm, such as Eser Law.

Eser Law firm has successfully represented over 130 clients in comparable cases, securing payouts and blocking fraudulent activities. Contact them today for a free initial assessment.

Why Choose Eser Law?

The firm offers specialized knowledge and strategic advantages to those affected by coordinated evidence, technical analyses, and efficient use of sample communications. With over 21 years of experience, Eser Law ensures that legal steps are initiated quickly and effectively.

Damaged investors have civil law claims for repayment and compensation that should be asserted promptly. Victims can benefit from regulatory failings and the firm’s extensive experience, raising the chances of retrieving invested funds.

Don’t hesitate if you suspect you’ve fallen victim to this fraud. Visit Eser Law’s website for more details or contact them via email: [email protected], or call +49 (0)711 217 235-0.

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