What is a Scam?
A scam is designed to trick you into giving away your money, personal details or data by offering an attractive deal or false information.
See Types of Scams
See Types of Scams
Anonymous | 10 Oct 2019
I was contacted via some foreign number which i hang up multiple occasions. But in Jan this year, I picked up the call and caller sold me proposal to trade online. I was asked to deposit USD$100 at the beginning and started trading. When I "made some profits", i put down more money and I saw a profit of "$50K" in my trading account. As time passed, the contact with the broker got less frequent. Then come to the point suddenly the broker disappear and became uncontactable. I couldn't reach anyone via phone, email or even skype. So i was running solo for the following few months.
I decided that i can do trades on my own. Yes, i have traded on my own and over the next 3-4 month and made a profit of almost 300% of my invested capital. The problem comes when i have make request for withdrawal of my profits over the few months, i couldn't get a single cent back. The request always get rejected by the system. Can you imaging that i made over 40 requests and not a single times get approved? Yes, this is where i know i am being scammed of my hard earned savings. I am convinced that i couldn't get back any amount back as this is totally a scam organisation i am dealing with.
My lesson here is not to trade online! and put down all my savings. I hope my story can help to caution people not to believe such quick-to-get-rich scheme. Think before you act. My money lost is a lesson learnt.
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