Cedra Investment Management Review – Not a Legit Business?

The illusive website we uncovered has a dark background. It purports to belong to Cedra Investment Management, a legitimate investment firm founded in Luxembourg. However, the local regulatory authority has revealed that identity theft is in play.

Hence, please read our Cedra Investment Management Review to see how the fraudsters got exposed. If you have fallen victim to this fraud, or any other scam broker such as Tesla Coin, we can help you get your hard-earned money back!

Company status:	Unlicensed Investment Company Clone
Regulated by:	Unregulated
Operating Status:	Active Investment Scam
Known Websites:	cedraim.com
Blacklisted as a Scam by:	CSSF, CNMV, CONSOB, FSC
Owner:	CEDRA INVESTMENT MANAGEMENT S.À R.L. (allegedly)
Headquarters Country:	Luxembourg (allegedly)
Website Active Since:	2023-09-06
Online Trading Platforms:	N/A
Mobile Trading:	N/A
Minimum Deposit:	N/A
Deposit Bonus:	N/A
CFD Trading Option:	No, you cannot trade CFDs
Crypto Asset Trading:	No
Investment Products:	Corporate bonds, Government treasury bonds
Maximum Leverage:	N/A
Islamic Account:	Unavailable
Free Demo Account:	Unavailable
Accepts US Clients:	No
Global Fraud Protection Experts’ Verdict:	Stay Away from this Scam

Is Cedra Investment Management Legal?

Cedra Investment Management S.à r.l. is a regulated entity, registered as an alternative investment fund manager since July 2013. It operates under legal frameworks and regulations governing such entities in Luxembourg.

On December 27, 2023, the domestic Commission de Surveillance du Secteur Financier (CSSF) reported fraudulent activities by unknown individuals misusing the name of the above-mentioned entity, including the creation of a deceptive website and unauthorized use of contact information.

Other European regulators joined the fray and issued warnings against the investment scheme – the Spanish CNMV, Italian CONSOB, and Bulgarian FSC.

Since these are all EU members, they enforce common laws of the European Securities and Markets Authority (ESMA), stipulating the requirement of a MiFID passport for firms that plan to operate across the old continent. In this regard, the Cedra Investment Management regulation does not exist.

It is essential that you verify official data to ensure you’re dealing with a legitimate and regulated entity. In case you experience any issues, please report your problems to the competent regulatory authorities to get them solved.

Investor Reviews – Sharing Experiences

We searched popular forums such as Trustpilot to see whether the illicit website received any complaints. No results except for the Cedra Investment Management reviews on scamadviser.com.

“I had a frustrating encounter with cedraim, they lack effective communication and the customer service was also unhelpful when i tried to address the issue,”

one unfortunate victim stressed.

For that reason, we strongly urge you to always read what users say about a certain provider or platform before making any investments you will regret later. Investor reviews are crucial to discerning legitimate firms from cyber con artists such as LQDFX.

Who Are Cedra Investment Management’s Targets?

According to godaddy.com/whois, the cedraim.com website domain was created on September 6, 2023. Since then, the criminal masterminds behind the investment scheme have been mainly targeting investors residing in the following countries:

• Netherlands;
• Ireland;
• Spain.

The financial swindlers are clearly focused on scamming European investors. Fortunately, the Spanish market watchdog reacted to the cyber threat and warned domestic traders and investors about the scheme.

To reiterate, the Cedra Investment Management we are covering is an imposter and has no authorization to provide services in Europe. Please refrain from dealing with the phony.

Portfolio Management Hoax

Cedra Investment Management claims to offer comprehensive portfolio management services for corporate and private investors, providing expertise from start to finish. They highlight two approaches:

• Discretionary Portfolio Management – managers have full decision-making flexibility with higher fees;
• Non-Discretionary Portfolio Management – functioning as advisors with investors having decision authority.

Given the reports of fraudulent activities associated, the warning against the fake website, and false contact information, investors should avoid choosing these management plans and instead look for a transparent firm to take care of their money.

Investment Products Are Just a Ruse?

The con website claims to prioritize fixed-income investments for capital security and low risk in both investment funds and client portfolios. Cedra Investment Management assets include corporate bonds, emphasizing returns from long-term bonds of stable blue-chip companies.

Additionally, they promote government treasury bonds as highly secure assets. Despite these investment offerings, we once again point out that this information is part of a scam, and urge our readers to stay away from this platform at all costs.

Payment Process – Can I Get a Refund?

Cedra Investment Management did not disclose the available payment methods that clients are supposed to use to fund their accounts. The fees are unknown as well, raising concerns. Nevertheless, the most frequent payment options include credit/debit cards, wire transfers, and cryptocurrencies.

If you deposited funds via MasterCard and/or VISA credit/debit cards, you can request a chargeback at your issuing bank within 540 days. In the case of wires, initiating a recall at the bank can return your money but only if the transaction has not yet been fully processed.

Crypto payments are the most difficult to reverse due to the complexity of the blockchain. Scammers prefer these types of payment because they can remain anonymous and cover their tracks. Worry not, for our experts utilize advanced crypto-tracing software known as Fusion Forensics Limited to recover our client’s funds.

Final Verdict on Cedra Investment Management

The fraudulent website we covered is an impersonation of the real Cedra Investment Management, which is a legitimate investment firm based in Luxembourg. The scam was exposed by the CSSF in late December last year, with several other European regulators adding the bogus site to their blacklists.

We advise you to read our review once more if some things remain unclear because educating yourself on how cybercriminals operate is crucial to ensure your investments are safe.

If you have experienced any Cedra Investment Management withdrawal issues, be sure to contact us for professional assistance. Use the form below to book your free consultation. Fusion Forensics Limited features a team of skilled experts who deal with chargebacks daily. We can help you recover your hard-earned funds!