Dotbig and Frontier Development Solutions – Fraudulent Schemeo

Dotbig and Frontier Development Solutions – Fraudulent Scheme

Dotbig (dotbig.com, trade.dotbig.com) and Frontier Development Solutions** are part of the same financial scam, operating under the classic pseudo-broker scheme.
How Their Scam Works**

  1. **Attracting Victims– Aggressive advertising, calls from “investment consultants,” and tempting promises of high returns. – Fake reviews and “expert forecasts” that create an illusion of professionalism.
  2. Creating a Fake Trading Account – A “trading account” is opened on Dotbig for the client, but the money actually goes to Frontier Development Solutions. – The “personal account” shows balance growth, but these are just numbers.
  3. Fake Analysts and Account Drainage– A “personal analyst” is assigned, who provides deliberately losing signals. – Eventually, the client loses everything and is persuaded to invest more money, promising to “recover losses.”
  4. Refusal to Withdraw Funds– When the client attempts to withdraw funds, they are asked to pay fake fees, taxes, and verification charges. – Eventually, the account is blocked, and support stops responding.

Key Element of the Scheme – Frontier Development Solutions

This company acts as the financial middleman, accepting victims’ funds. It is registered offshore and is not regulated by any financial authorities.

Not enough data to answer this.

What data do you need?

Hi there,

Please disregard NuriAI, our AI assistant who helps us answer customer questions. While she’s designed to assist with accuracy, she occasionally falls short.

Regardless, thank you for sharing that this broker is a scam! It helps other community members to avoid these providers. We’ll include it in our scam database to make sure people are aware.

In the meantime, if you’re looking for reliable and regulated brokers, you can find them here: https://brokerchooser.com/broker-reviews.

If you have any questions, please let us know.

Best wishes,
Andris