OST - OSTIN Technology Group - Recovering Your Funds

Refundee is currently speaking to victims of the OST (Ostin Technology Group) scam as part of our ongoing investigations. Our aim is to determine whether claims can be pursued to help recover the funds investors have lost.

What happened with OST (Ostin Technology Group)?

Victims were targeted through highly professional and convincing social media adverts, often promoted by supposed “brokerage firms” promising exceptional returns and trading expertise. These firms were fictitious, with the scammers posing as experienced traders to establish credibility. Many investors were advised to invest through legitimate platforms such as RobinHood to build further credibility. 

To build further trust, the fraudsters created group chats on WhatsApp and Telegram. These groups included “fellow investors” - in reality, controlled by the scammers - who shared fabricated success stories to encourage new victims to invest heavily in OST (Ostin Technology Group) stock, a company listed on NASDAQ.

This coordinated scheme was a classic pump-and-dump scheme, similar to crypto investment scams. Once victims invested significant sums, the fraudsters manipulated the stock price upward, only to quickly sell off their own positions. As the price collapsed, investors were left with heavy losses.

Adding to the deception, many victims were then told fabricated stories about “technical problems” or encouraged to put money into supposed new opportunities, all designed to keep extracting funds.

What to do if you have invested?

If you have invested in the OST (Ostin Technology Group) scam, the most important step is to stop sending any further money. Scammers will often pressure victims to deposit more funds, pay so-called “withdrawal fees,” or invest in new opportunities as a way of stalling for time and extracting additional payments. Unfortunately, once money is sent, it becomes much harder to recover.

Who can Refundee help?

We are looking to speak to victims who have lost money to OST scam. We can discuss what happened and the best next steps to take to help you recover from this complex and elaborate scam.

At Refundee, we are already working with victims of the OST scam and believe there may be grounds for recovery in certain cases. Even if you are unsure whether your claim is valid, it’s always worth speaking to us.

If you have invested from a UK bank account then Refundee may be able to help, you can Start Our Claim form on our website. We assist in managing your case from beginning to end, alleviating the stress of revisiting previous events. Our fees are transparent, competitive within the industry, and simply structured without hidden charges.

You don’t need to seek professional representation to argue your case. You have the right to represent yourself for free. Of course, this means that you don’t incur a fee if you are successful.

We have recovered over £90million for our clients so far. You can read more about our clients' experiences with us on TrustPilot.

How would the process work?

Refundee manages everything for you.

We begin with an investigation to understand what happened in your specific circumstances. After some paperwork, we handle your case from start to finish, working with your bank through to the Financial Ombudsman Service.

These cases can take around 6-12 months, although the process can vary in terms of duration.

More about Refundee

Here are the technical bits:

Refundee Ltd is a claims management company authorised and regulated by the Financial Conduct Authority in respect of regulated claims management activity FRN: 937096.

Registered with the Information Commissioner's Office; registration number: A8986071.

Registered office address: Refundee, 3rd Floor, 86-90 Paul Street, London, EC2A 4NE.  

Registered as a company in England & Wales; number: 12855931.