Case File · GEI-2026-0408 · Clone of a regulated firm / APP fraud

The Cloned Broker: Recovering a €92,000 Imperium Investments Transfer

Imperium Investments quoted a genuine firm’s registration number and a real address. The retired teacher in Dublin wired what she believed were bond purchases to a regulated broker — to an account that had nothing to do with the firm being impersonated.

Vector
Clone of a regulated firm · APP fraud
Reported loss
€92,000 (bank wire → BTC)
Timeline
Active ~3 months · file opened in 7 days
Funds recovered
88%
Claimant
Retired teacher, Dublin, IE

IntakeHow the subject made contact

A cold call offered a “regulator-registered” corporate bond at an attractive fixed return. The follow-up email carried a cloned brochure citing a real, authorised firm’s registration number.

The operator — logged on the GEInvestigator ledger — was a clone: real credentials on the page, a stranger’s account behind them.

Point of compromiseWhere control was lost

She authorised a bank transfer to a “client account,” then a second. The funds moved bank-to-bank, were converted to BTC, and made one hop to a centralised exchange.

Because she had personally authorised the payments, this was authorised-push-payment (APP) fraud — which, reported fast, opens a specific reimbursement route.

“They had the registration number. I checked it. What I couldn’t check was that the account it pointed to wasn’t theirs.”Claimant statement · Case GEI-2026-0408

Evidence chainHow the recovery was built

EX-01

Proved the clone

Showed the registration number belonged to a different, authorised firm — not the account she paid.

EX-02

Built the APP reimbursement case

Packaged the impersonation evidence for her bank’s authorised-push-payment claim.

EX-03

Recalled the fiat leg

Pushed a bank-to-bank recall on the qualifying transfers while they were still traceable.

EX-04

Traced the BTC conversion

Followed the converted tranche from the receiving account to a single exchange deposit.

EX-05

Froze the exchange deposit

Filed the trace so the converted crypto was held before cash-out.

DispositionWhat came back

88%
Funds returned to claimant

€81,000 of €92,000 was returned — the bank reversed the qualifying transfers under APP reimbursement and the converted tranche was frozen at the exchange. A strong outcome built almost entirely on speed.

IndicatorsFraud signals on this file

  • A firm reachable only on a number it gave you, never the regulator’s own listing.
  • A registration number that doesn’t match the name on the account you’re paying.
  • Pressure to wire funds before any documentation arrives.
  • “Client accounts” held in a different name than the firm.

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