Lost my inheritance to a 'new friend' from a cooking app, now my money is gone from a fake investment platform. Where do I even start reporting?

asked 4d ago2 views10 answers
0

I'm so ashamed to even write this. I met someone really charming on a cooking app maybe five, six months ago. We talked for ages, sharing recipes, talking about our lives, just normal stuff. He seemed genuinely interested in me. Slowly, he started mentioning this 'expert' friend who had this incredible crypto investment platform. He swore by it, showed me screenshots of huge profits. I was hesitant, but he was so persistent, and eventually, I put in a significant chunk of my inheritance – like, low five figures. All gone. It's a fake site, of course, I can't even access it anymore. My bank just says I authorized the transfers. I am in Singapore. What concrete steps can I take now? I feel like such an idiot, I just need to know if there's any hope. Who even do I tell?

10 Answers

25

Oh wow, this is so tough, I'm so sorry you're going through this. Please don't be ashamed, these scammers are incredibly sophisticated and prey on genuine human connection. First thing, if you haven't already, report it to the Singapore Police Force (SPF). You can do this online via their e-service portal or at any Neighbourhood Police Centre/Post. Make sure you gather *everything*: screenshots of your conversations, transaction details, the fake platform's URL, any contact info he gave you. Every little piece of info helps. You should also notify your bank again, even if they said you authorized the transfer. Ask if they have a dedicated fraud department that can freeze any outgoing or incoming funds related to the scam. Sometimes they can tag it for financial crime monitoring. Every hour counts. It's not a guarantee but it's essential for the paper trail and for potentially identifying upstream accounts.

Amelia Walker · Perth, Australiaanswered 4d ago
47

Hey, Ling. I'm really sorry to hear you're going through this. It takes incredible courage to share your story, and you're definitely not alone. Many, many people have fallen victim to these sophisticated schemes. The shame is part of the scam, designed to keep you silent. Beyond reporting to the Singapore police as Amelia suggested, also consider looking into ChainAbuse. It's a platform where you can report crypto addresses involved in scams. They help track and trace the illicit funds, and sometimes, if the funds land on a regulated exchange, there's a slim chance they *might* be frozen. It's a long shot, but it's another avenue to try and helps build a bigger picture of these criminals' networks. Every piece of data contributes to global efforts against them. You're doing the right thing by speaking up.

Jacob Pelletier · Edmonton, Canadaanswered 4d ago
18

Ugh, my heart goes out to you. I was in a similar spot last year, though for me it was a "friend" from Facebook and a fake forex thing. Lost quite a bit too. It feels like your soul is ripped out, doesn't it? The betrayal is just... awful. Please, don't blame yourself. These guys are pros. After I reported to my local police here in Rotterdam, I also filed a report with Europol’s EC3 cybercrime unit; it’s basically an info sharing hub for cross-border scams. Since your scammer could be anywhere, that might be useful for Singapore police too. Not sure if it directly applies for you as you're not in the EU, but worth asking the local police if they have any international liaisons. And crucially, cut off all contact with him, block him everywhere. He might try to reach out again, or even try the 'recovery agent' scam. Don't fall for it.

Milan Bos · Rotterdam, Netherlandsanswered 4d ago
5

Honestly, I hate to be a downer, but most of this money is gone forever. These guys operate from places where local law enforcement can't touch them, moving money through layers of crypto like ghosts. Reporting is always good, just for statistics and maybe to help others avoid it down the line, but actual recovery is super rare, especially with crypto. It's like throwing a message in a bottle into the ocean. The police will take your statement, probably issue a report number, and that's usually where it ends. Maybe they'll track some wallets if they're lucky, but don't hold your breath for your money back. Sorry, just being realistic.

Leo Moreau · Marseille, Franceanswered 4d ago
12

Ugh, this sounds so much like my story earlier this year. Met a guy on Instagram, same slow build-up, same 'friend with an amazing platform.' Mine was called ZG.com, which I now know is infamous for these scams. I even saw fake profits accumulating before they locked me out. The feeling of betrayal is just crushing, isn't it? I reported everything to the Dutch police and my bank (ABN AMRO). They were sympathetic but basically said the money was gone. I still check the police portal for updates, but nothing yet. It's been hard to trust anyone since, honestly. Just keep pushing with the police, provide every single detail, even if you think it's insignificant. Sometimes one small detail helps connect the dots for them.

Lotte Bakker · Almere, Netherlandsanswered 3d ago
10

It's so heartbreaking to read your post, Ling. Please, please remember this is not your fault. These scammers are master manipulators. In addition to the police report and ChainAbuse, make sure you change all your passwords, especially for your bank, email, and any accounts linked to where you sent money from. Sometimes they gather more info than you realize during the 'chatting' phase. Also, be super wary of anyone contacting you now claiming they can 'recover' your funds. Those are almost always follow-up scams trying to hit you a second time. No legitimate service will ask for an upfront fee to recover lost crypto. Focus on your well-being now too. It's a huge emotional toll. Talk to friends, family, or even a therapist if you need to. You've been through a trauma.

Amelia Fortin · Halifax, Canadaanswered 3d ago
41

Ling, I completely second the recommendation to utilize ChainAbuse. As a former analyst who's seen a lot of these cases, the data from victims is paramount. If you have the actual crypto wallet addresses you sent funds to, ChainAbuse's service through companies like TRM Labs can help trace the flow of funds. This information, if it leads to a regulated exchange or a service that has KYC/AML, *might* enable law enforcement (with a subpoena) to freeze assets. It’s hard, but it's the most effective path for recovery in crypto scams. Also, file a report with your national computer emergency response team, if Singapore has one for individuals. They often work closely with law enforcement on cybercrime. Lastly, document everything you continue to do: who you called, when, what was said. This keeps you organized and makes it easier if new information comes up.

Brian Brown · Los Angeles, USAanswered 3d ago
7

I really sympathize, it's a terrible situation. But honestly, I'm with Leo on this one regarding recovery. The chances are microscopic. You're dealing with organized crime, not some petty thief. They know how to cover their tracks. Reporting helps the authorities build a bigger picture, maybe catch some mules or take down some websites, but it doesn't usually result in victims getting their money back. I know that's harsh, and I don't mean to diminish your pain, but it's really important to manage expectations here. If someone promises you recovery, especially for a fee, they're probably scammers too. Focus on protecting yourself from future attacks and try to heal from the emotional damage.

Mia Morin · Quebec City, Canadaanswered 3d ago
15

Oh my goodness, I wish I'd seen a post like this before it happened to me. I thought I was so smart, so cautious. Met a "banker" on a travel site, same story, gradual trust, then a fake investment app. Lost my retirement savings. It's a huge chunk of money, you know? And the worst part is the feeling of being deceived, like my judgment is completely gone. I reported everything to the Singapore Police Force, and they were very kind, but honestly, it feels like shouting into the void. They said they'd investigate, but reading online, I don't have high hopes for getting my money back. I've joined a support group here though, just to talk to others who understand. It helps a bit with the shame. You are not alone, Ling. Seriously.

Ming Tan · Singapore, Singaporeanswered 3d ago
9

It's truly awful to hear this, Ling. Please do not feel like an idiot; these scams are designed to exploit human emotions and trust, and they are incredibly effective. I also fell victim to one of these from a connection made through a wellness app. They got me for a significant amount into a fake crypto platform, promising extravagant returns. My bank (ADCB) was helpful in documenting the transactions, but the money was gone before they could do anything. I reported it to the UAE Cybercrime Division, which is the equivalent of the police here. They took all the details – chats, transaction IDs, platform links. It feels like throwing a message into an abyss, but it's important to report so they have records of these criminals. It helps in mapping out their networks, even if individual recovery is rare. Stay strong, and protect yourself from secondary scams.

Sara Al Nahyan · Al Ain, UAEanswered 2d ago

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