My 'mentor' from a professional networking app got me with fake crypto graphs. What now?

asked 16d ago10 views43 answers
0

I'm heartbroken and honestly, pretty embarrassed. I met this guy on LinkedIn, seemed super professional, talked about his success in crypto, shared impressive-looking charts and predictions. He presented himself as a mentor, really, someone who wanted to help me grow my portfolio. He even had a slick website for his 'investment platform' – I won't name it here, but it looked legit. I invested my savings, about 80,000 ZAR, over a few months. The returns looked amazing on their dashboard, but when I tried to withdraw, there was always some new 'fee' or 'tax' they needed. Now he's ghosted me. I'm in Port Elizabeth and feeling completely lost. What can I even do from here? Is there any way to report this effectively and maybe see my money again?

43 Answers

47

Grace, this is a classic pig butchering scam that has evolved to target more sophisticated victims through professional networks like LinkedIn. The 'mentor' narrative and fake crypto graphs are designed to exploit trust and perceived expertise. First things first: gather all evidence. Screenshots of conversations on LinkedIn, WhatsApp, any emails, the URL of the fake investment platform, transaction details, wallet addresses. If you sent crypto, definitely report to ChainAbuse with all transaction IDs – they can sometimes flag addresses. Then, contact your bank/financial institution immediately to see if any transfers can be stopped or traced. Next, file a report with the SAPS in South Africa. If the scammer is believed to be international, also consider contacting the FBI IC3, even if you're not in the US, as they track global cybercrime and can share intelligence. Realistically, recovering funds from crypto scams is incredibly challenging due to the anonymous nature of transactions. However, reporting helps consolidate data for law enforcement and can contribute to future arrests and asset seizures. Also, be aware of recovery scams – anyone claiming they can get your money back for a fee is likely another scammer. Your focus should be on prevention for others and securing what evidence you have.

Conor Doyle · Galway, Irelandanswered 16d ago
41

Ugh, Grace, so sorry this happened to you. This is a classic 'pig butchering' setup, where they fatten you up with fake gains before taking everything. The professional angle, LinkedIn, the 'mentor' vibe – it's all part of the act. From your side in South Africa, you definitely need to report this. First stop is always your local law enforcement, the SAPS, get a case number. Then, if there were any international money transfers, contact your bank ASAP. They might have a fraud department that can try to trace funds, though with crypto, it's really tough. You can also report to the Financial Sector Conduct Authority (FSCA) in SA, as this involves an unregulated investment. For the crypto angle, try to trace the transactions yourself if you have wallet addresses, and consider reporting to ChainAbuse, they might be able to flag the addresses as fraudulent. Don't fall for any 'recovery agents' who contact you now – those are usually scams themselves. Focus on reporting and securing any evidence you have, screenshots, communication logs, transaction IDs.

Liam de Groot · Nijmegen, Netherlandsanswered 16d ago
22

Oh Grace, I feel your pain here in PE. It's truly devastating. Don't be embarrassed; these scammers are masters of manipulation. The 'slick website' and 'amazing returns' are all designed to look legitimate. My cousin went through something similar, also through a fake investment platform. She didn't get her money back, but reporting it felt like she was at least doing her part. Definitely report it to your bank and the SAPS. Every bit of info helps, even if it feels small. And please, please don't let anyone convince you they can 'magically' recover your funds for a fee. That's another common tactic to re-scam victims.

Sipho Dlamini · Port Elizabeth, South Africaanswered 16d ago
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This whole 'mentor' on LinkedIn thing is a huge red flag I keep seeing. They prey on people looking to improve their careers or financial standing. The fake charts and dashboard are designed to give you a sense of control and success that isn't real. It's a calculated deception. Always be wary of anyone who pushes you into an investment outside of a regulated, well-known platform, especially if they met you on social media or dating apps. And if they pressure you to act fast, or guarantee impossibly high returns, run the other way. There are no shortcuts to wealth, only hard work and legitimate, measured investments. It's a bitter pill to swallow, but these are lessons we learn the hard way.

Lucas Michel · Strasbourg, Franceanswered 16d ago
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Grace, I'm so sorry this happened. These types of scams are rampant across professional networking sites now. That 'mentor' facade, the impressive-looking graphs, all designed to build trust before they pull the rug out from under you. Always, ALWAYS, verify any investment opportunity independently. Look up the company on your country's financial regulator's website – for SA, that's the FSCA. If they're not licensed, or if the website address doesn't perfectly match what's official, it's a huge warning sign. Also, legitimate financial advisors don't recruit clients via unsolicited messages on LinkedIn or Instagram and promise unrealistic returns. It usually means it's a scam.

Emma Garcia · Nice, Franceanswered 16d ago
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It's tough, Grace. I hear stories like this every other week. The 'mentor' angle is particularly insidious because it exploits a genuine desire for self-improvement. They spend weeks, sometimes months, building that rapport. And the fake platforms? Super sophisticated nowadays. Ngl, the chances of getting your money back, especially with crypto, are slim to none. It's usually moved through so many wallets so fast that tracking it becomes impossible for normal law enforcement. Your best bet is to report it everywhere, as others have said, to contribute to the data, but don't hold out too much hope for recovery. It's about damage control and preventing others.

Sophia Tremblay · Vancouver, Canadaanswered 16d ago
12

This one sounds very familiar. The 'mentor' tactic from professional sites is a variation of the classic pig butchering. I see it a lot here in Singapore too, often targeting folks on LinkedIn or even Telegram groups for 'finance professionals'. The 'slick website' and fake dashboard are standard. I'm going to be blunt because it's important: your money is most likely gone. With crypto, especially when it's moved off-platform quickly, recovery is incredibly rare. The main goal of reporting now is *not* recovery, but to help authorities track these networks and warn others. Also, if they ask for more 'fees' to release your 'profits', that's just another layer of the scam. Never send more money.

Joshua Tan · Singapore, Singaporeanswered 16d ago
19

This type of scam, preying on people through professional networking sites like LinkedIn, is becoming disturbingly common. They present themselves as successful, knowledgeable, and genuinely wanting to help, which lowers your guard. The moment they push you to invest in *their* platform or one they 'recommend' outside of well-known, regulated exchanges, that's your cue to back away. The 'impressive charts' are faked, the 'returns' are fabricated, and the 'fees' are just excuses to extract more money before they vanish. It's a cruel game, Grace. Please don't beat yourself up. These people are professional criminals.

Hugo Simon · Nice, Franceanswered 16d ago
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Grace, truly sorry to hear this. It's a devastating experience. The 'mentor' pitch on LinkedIn is a fresh layer on the old pig butchering scam. They leverage professional trust before hitting you with the fake investment. In future, always do your due diligence. Check the company name on the MAS website if it's Singapore-based, or ASIC if it's Australian, or your local FSCA. If they're not on there, or on a warning list, it's a massive red flag. Another tip: legit investment firms *never* use messaging apps like WhatsApp or Telegram for official communication about large sums of money. Any pressure tactics are also a giveaway.

James Clark · Manchester, United Kingdomanswered 16d ago
10

I really feel for you, Grace. These 'mentors' on professional sites are just wolves in sheep's clothing. It's a common scam variant here too. The fake charts and 'secure' platforms look incredibly real, I've seen some of them. It makes you feel like you're dealing with a legitimate business. The whole 'investment growth' followed by 'fees' for withdrawal is the final act before they disappear. Sadly, the chances of getting your money back through official channels are very, very low with crypto. It's a harsh lesson, but one you're not alone in learning. Just make sure you learn from it and don't fall for any secondary recovery scams.

Ahmed Al Suwaidi · Al Ain, UAEanswered 15d ago
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Bummer, mate. This sounds like a classic pig-butchering scam. The slick website, the fake charts, the ghosting — all tell-tale signs. Firstly, don't send them another cent. Secondly, you absolutely should report this. In South Africa, your first port of call would be the South African Police Service (SAPS) where you live. Also, the Financial Sector Conduct Authority (FSCA) is worth flagging it with, though they might not be able to recover funds directly. For international coordination, you can report to the FBI's Internet Crime Complaint Center (IC3). They often gather this data to identify transnational crime rings. It's a long shot for recovery, but reporting is crucial.

Andrew Johnson · Austin, USAanswered 15d ago
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Oh man, I feel for you. This happened to me too, though with less money. A guy on Instagram promised insane returns. Looked so legit. I lost about 20,000 ZAR. It took me months to even admit to myself what happened. The shame was the worst part. I reported it to the SAPS and the FSCA. They were sympathetic but made it clear recovery was unlikely. I did find some forums like this where people were sharing similar experiences. It helped to know I wasn't alone, even if that doesn't get the money back. Keep talking about it, don't let them win by silencing you.

Sem Bakker · Nijmegen, Netherlandsanswered 15d ago
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This is exactly how these scams operate. They build trust, then they fleece you. That 'mentor' persona is a well-worn tactic. The fake website and graphs are standard props. Don't blame yourself too much; they are very good at what they do. The key here is that they took your money directly, likely without proper regulation behind their 'platform'. If you sent crypto, tracing it is incredibly difficult, especially if it went through mixers or multiple wallets. For future reference, never invest in anything that isn't regulated by a body like the MAS here in Singapore, or at least a reputable exchange. Always do your own DD. Beware of anyone promising guaranteed or excessively high returns.

Daniel Koh · Singapore, Singaporeanswered 15d ago
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I'm so sorry. I'm in a similar boat, though thankfully not as much as you. I invested about 30,000 ZAR. This 'coach' I met on an app kept telling me my portfolio was too small, that I needed to invest more to see the real profits. When I finally asked for a withdrawal, he started giving me the runaround with 'taxes.' It's heartbreaking. I feel so stupid. I've reported it to the local police, but they said it's hard to track crypto. My wife told me to just accept it as a loss, but I can't bring myself to do that. Every time I see a crypto ad, I just feel sick.

Lucas de Vries · Nijmegen, Netherlandsanswered 15d ago
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I'm not going to lie, I'm immediately suspicious anytime someone offers 'mentorship' in crypto, especially through a social network. These platforms are usually rife with scammers using fake profiles and stolen photos. The fact that they had a 'slick website' with fake charts? Alarm bells should have been ringing even louder, tbh. I'd be very surprised if you see that money again. Your best bet is reporting it to the authorities, but recoveries in these crypto scams are notoriously rare. Did you use an exchange that's regulated in your country? That might be your only thin thread.

Louis Michel · Marseille, Franceanswered 15d ago
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Reading this brought back all the bad memories. NGL, I fell for something similar a couple of years ago. Lost a chunk of my savings. The guy was charming, showed me amazing projections. I even spoke to his 'account manager' on the phone. They kept asking for more money for 'investment boosts.' When it was time to withdraw, they said my account was flagged for 'money laundering' and I needed to pay a massive fee. Utter nonsense. I reported it to the French financial regulator, the AMF, and also the police. Nothing came of it. But learning from it was key. Now, if anyone contacts me out of the blue about crypto and promises the moon, I just block them. Block and report.

Chloe Martin · Lyon, Franceanswered 15d ago
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This is a textbook 'advance-fee' crypto scam, often termed a 'pig butchering' scam when a romantic or mentorship element is involved. The strategy is to build trust over time, using fabricated evidence like those graphs, before asking for increasingly larger sums. Withdrawal requests are a trigger for the final stage: demanding more money under false pretenses (fees, taxes, etc.). Reporting is vital. For international scams like this, the FBI's IC3 is a good starting point. Also, check if there's a specific crypto or financial crime unit within the South African Police Service. The key takeaway for everyone reading: if it sounds too good to be true, it is. Always verify the legitimacy of platforms and individuals independently, and never invest more than you can afford to lose.

Niklas Schulz · Hannover, Germanyanswered 15d ago
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I know how you feel. I lost my emergency fund to a scam like this last year. Met a lady on a dating app, she said she was an expert investor and wanted to share her secrets. Showed me her profits. I sent her probably 50,000 EUR. She kept telling me to invest more, that the profits would be even bigger. Then suddenly, she disappeared. I contacted my bank, but since it was a crypto transfer via some weird platform, they couldn't do anything. I felt so ashamed and stupid for months. Just wanted to say you're not alone, and it's okay to feel angry and embarrassed. It happens to good people.

Ciara Walsh · Cork, Irelandanswered 15d ago
3

This breaks my heart. So many scams like this lately, especially targeting people looking to improve their financial situation. I was almost lured in myself a while back. This guy on WhatsApp kept sending me screenshots of huge gains, talking about how easy it was to make money with his secret trading bot. He even had a fake Telegram group with fake testimonials. I got suspicious when he pushed me to invest on a platform I'd never heard of, and he refused to answer direct questions about regulation. I reported the number to WhatsApp and blocked him. Always, always check if the platform is regulated. Look up the company and its registration number on the relevant financial authority's website. For South Africa, that's the FSCA.

Hannah Coetzee · Cape Town, South Africaanswered 15d ago
1

Oh god, 80,000 ZAR. That's immense. I'm so sorry. I lost about 15,000 GBP about 18 months ago to a similar thing. Met someone on TikTok, they claimed to teach people how to trade forex and crypto. Sent me links to a really convincing-looking trading platform. I put in a small amount first, saw it go up, then sent more. When I wanted to take out my profits AND my initial investment, they wanted a 'verification fee' and then a 'capital gains tax.' Total rubbish. I contacted the FCA in the UK, but without knowing the exact name of the company and where the money went, it's a nightmare. I accepted it as a very, very bitter lesson.

Sophie Evans · London, United Kingdomanswered 15d ago
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This is deeply unfortunate. The situation you've described is a common modus operandi for sophisticated crypto investment scams. The 'mentor' facade is designed to exploit the desire for guidance and success. The fake graphs and website are sophisticated distractions. Recovery of funds, especially crypto, is challenging due to its decentralized nature and the anonymity often employed by perpetrators. However, reporting is crucial for law enforcement to track patterns and potentially dismantle these operations. Since you are in South Africa, reporting to the South African Reserve Bank (SARB) and the Financial Intelligence Centre (FIC) might be avenues to explore, alongside the SAPS. Consider using a service like Nethertrace if you want to explore blockchain analytics for potential fund tracing, though this often comes at a cost and doesn't guarantee recovery.

Louise Thomas · Nice, Franceanswered 15d ago
1

I'm in a similar situation. This 'advisor' I met on a professional networking site convinced me to invest in something called 'Quantum Capital Fund' – sounds like a scam now, doesn't it? He showed me these amazing daily profit charts. I put in about 5,000 SGD. Now he's completely vanished. My emails bounce back, his number is disconnected. He kept saying he was a 'high-level trader' and that this was a 'private opportunity.' The website looked so real, too. I'm so angry at myself for falling for it. I've filed a police report, but I'm not hopeful. The MAS here in Singapore might take a complaint, but I doubt they can get my money back.

Jonathan Tan · Singapore, Singaporeanswered 15d ago
2

Ugh, the worst feeling. I lost about 10,000 Euros a year ago. Met a guy who said he was a former trader for a big bank and had this 'insider' crypto strategy. He was so persuasive, talked about setting up my family for life. He directed me to a specific platform and told me exactly when to buy and sell. It looked like I was making money. Then he said I needed to pay a huge 'withdrawal tax' to get my profits out – like 30% of the total. I paid it. Then he asked for more for 'currency conversion fees.' That's when I knew. Reported him to the police, but honestly, felt like I was shouting into the void. You're not alone in this. Don't let them make you feel ashamed.

Stefan Weber · Hamburg, Germanyanswered 15d ago
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This is a recurring theme in the crypto space. The promise of mentorship combined with fake investment platforms and fabricated gains is a classic con. The regulatory bodies like the SEC in the US or BaFin in Germany are aware of these schemes, but their ability to recover funds is limited, especially when the scammers operate across borders. Your best immediate action is to gather ALL evidence: screenshots of conversations, website URLs, transaction records (even if they are just confirmations of sending money to the scammer). Report this to your local South African police and also consider filing a complaint with the Financial Sector Conduct Authority (FSCA). For international fraud, the FBI's IC3 is also a relevant body. Always double-check official registrations of any financial service provider.

Andreas Schneider · Dusseldorf, Germanyanswered 15d ago
1

Oh no, 80k ZAR. That's devastating. I had a similar experience with a fake crypto trading bot I found advertised on Facebook. It promised 5% daily returns. It looked so real on the dashboard. I invested about CAD 10,000. When I tried to withdraw, they said I needed to pay KYC fees and then a tax on my 'profits.' I refused and told them I was reporting them. They immediately blocked me. I reported it to the RCMP and the Canadian Anti-Fraud Centre. They were helpful and put out a warning about similar scams, but getting the money back is another story. It's a cruel lesson on the perils of online 'opportunities.'

Emma Tremblay · Montreal, Canadaanswered 15d ago
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This is deeply concerning, and unfortunately, a very common scam structure. The 'mentor' approach, the fabricated performance data, and the progressive withdrawal obstacles (fees, taxes) are all hallmark indicators of an investment fraud. Given the significant sum, reporting is absolutely critical. In South Africa, you should file a report with the South African Police Service (SAPS) and also notify the Financial Sector Conduct Authority (FSCA). Internationally, the FBI's Internet Crime Complaint Center (IC3) is designed to handle these types of cross-border fraud cases. While direct fund recovery is often difficult, these reports are vital for intelligence gathering and prosecution efforts. Remember, any platform or individual promising unrealistic returns with little to no risk should be a major red flag.

Olivia Kruger · East London, South Africaanswered 15d ago
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This is exactly the kind of scam that makes me furious. They prey on people's aspirations. That mentor facade is designed to disarm you. The fake graphs are a common tool. Your best bet now is to treat this as a police matter. File a report with SAPS, detailing everything. Also, report it to the Financial Sector Conduct Authority (FSCA). They may not be able to recover your funds directly, but they compile data on these scams. Check out ChainAbuse.com as well; they are a resource for reporting crypto scams. The more reports, the better the chance that these perpetrators are identified, even if recovery is unlikely. The key lesson: always, always verify the registration and regulatory status of any 'investment platform.'

Yusuf Khan · Ajman, UAEanswered 15d ago
2

Very sorry to hear this. The setup you describe – the supposed mentor, the impressive-looking (but fake) data, the website, and the eventual ghosting after demanding more money – is a classic 'advance-fee' or 'pig butchering' scam. These are incredibly difficult to recover funds from, especially if crypto was involved and sent through unregulated channels. You should report this to the South African Police Service (SAPS). Also, consider reporting to the Financial Sector Conduct Authority (FSCA). For international cases, the FBI's Internet Crime Complaint Center (IC3) is the primary US agency to report to. It's unlikely you'll get your money back, but reporting helps authorities track and potentially prosecute these criminals.

Maximilian Bauer · Cologne, Germanyanswered 15d ago
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This sounds like a very common type of crypto scam. The 'mentor' role is often used to build fake trust and exploit victims. The fake charts and website are standard tools. It's incredibly disheartening when you realize you've been duped. Don't beat yourself up too much; these scammers are skilled manipulators. For reporting, definitely file a complaint with the South African Police Service (SAPS) and the Financial Sector Conduct Authority (FSCA). You can also report it to the FBI's Internet Crime Complaint Center (IC3). While recovery is rare, these reports are crucial. A good practice moving forward: never send money to someone you only know online, especially if they promise unrealistic returns. Always verify legitimacy through official channels.

Ciara Burke · Cork, Irelandanswered 15d ago
5

Oh wow, that's brutal. I've seen this playbook too many times. The fake charts, the glowing dashboard… classic bait. They lull you into a false sense of security with phantom gains. When you mention ZAR, are you thinking of a specific local platform or was this one operating internationally with a South African presence? Knowing that detail might help narrow down which regulators are relevant, but honestly, the damage is done, and recovery is tough. Your main hope is official channels. Have you reported it to the Hawks in SA? They sometimes deal with financial crimes. Keep all your documentation, every single email, screenshot, and transaction record. This is your evidence for any future proceedings.

Sophie Wolf · Hannover, Germanyanswered 15d ago
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Hao, I feel this so deeply, it hurts. Lost about 30k Rand last year to something similar. This dude on FB, looked like a legit trader. Showed me how he was up bigly. It was all BS. He had a 'personal trade bot' he wanted me to invest in. Sounded so cool. Never saw a cent back once I tried to take out my initial dough. I did report it to the FBI's IC3, felt good to at least do *something*, y'know? They haven't found my money but hey, at least they know about it. Don't beat yourself up too much, these guys are good at what they do. It's criminal, not your fault.

Liam Dlamini · Johannesburg, South Africaanswered 15d ago
3

ZAR? That's the South African Rand, right? If you're in South Africa, were you interacting with a SA-based entity or was this an offshore scam targeting SA residents? LinkedIn and these 'slick websites' are dime a dozen for scammers. Honestly, the money's likely gone. The charts are fabricated, the platform is a shell. Think ' Ponzi scheme' but disguised as crypto. Your best bet is to report it to the South African Reserve Bank or financial conduct authority, but don't get your hopes up for a full recovery. These guys operate in the shadows.

Michael Gonzalez · Phoenix, USAanswered 15d ago
4

I'm so incredibly sorry this happened to you. 'Mentor' is such a loaded word and they use it to exploit trust. It took me months to even admit to myself I'd been scammed. That 80,000 ZAR represents so much – your hard work, your future plans. It's devastating. I also invested on a platform that seemed professional, complete with its own app. When I wanted to cash out, they piled on excuses. 'Technical issues,' then 'regulatory hold-ups,' always something new. I filed a report with the FBI's Internet Crime Complaint Center (IC3) and also with ChainAbuse, which specifically tracks crypto scams. It's a long shot for recovery, but documenting it is crucial.

Christopher Gonzalez · Denver, USAanswered 15d ago
6

Ugh, that feeling… when the rug pulls out from under you. I was scammed out of about €15k last year. This 'advisor' I met on a similar platform. He had all these fancy reports, charts that looked like they were from Bloomberg. My wife told me it sounded too good to be true, but I brushed her off. Big mistake. When I couldn't withdraw, he just vanished. I reported it to BaFin here in Germany, and I'm also looking into services like Nethertrace – they claim to help track down crypto if it's been stolen. It's a hard lesson, mate. You did nothing wrong, these people are just predators.

Jonas Neumann · Munich, Germanyanswered 15d ago
4

Oh no, that sounds absolutely awful. It's so easy to get caught up in the excitement of potential gains, especially when someone presents themselves as a guide. Please don't blame yourself for this. These scammers are incredibly manipulative. The fact that you're asking what to do next shows incredible strength. Have you tried reaching out to local consumer protection agencies in South Africa? They might have resources or guidance even if they can't directly recover funds. Sending you lots of support.

Chloe Coetzee · Cape Town, South Africaanswered 15d ago
3

This is such a nasty situation to be in. It breaks my heart to read this. The same thing happened to a friend of mine, she lost a significant amount to what she thought was a legitimate investment. The 'mentor' persona is a common tactic to build false trust. What I told her, and what might help you too, is to try and report it to the relevant financial regulator in your country. For crypto-related fraud, even if the platform is offshore, reporting it officially creates a record and might alert others. Keep all those chats and the website details.

Eva de Vries · Almere, Netherlandsanswered 15d ago
4

That's a classic crypto scam setup, I'm sorry you fell victim to it. The 'impressive charts' and 'glowing dashboard' are just digital smoke and mirrors. My advice is to move on from the idea of getting the money back, and focus on reporting it to prevent others. For crypto, there's limited recourse for recovery, but reporting to bodies like the Monetary Authority of Singapore (MAS) if there were any international links, or the FBI IC3 in the US, helps build a case against these operations. Secure all your evidence – screenshots of the site, communication logs, transaction IDs.

Jonathan Ng · Singapore, Singaporeanswered 15d ago
3

Ma soeur, c'est terrible ce qui t'est arrivé. Ce même type d'arnaque, j'ai vu un ami en être victime. Il a perdu une grosse somme en pensant investir intelligemment. Le 'mentor' qui montre des graphiques truqués, c'est un trope classique. La seule chose que je peux te dire, c'est de signaler tout ça à l'AMF en France, même si la plateforme est à l'étranger. Ils ont des services pour ça. Il faut garder tous les emails, les captures d'écran, tout ce qui prouve la transaction et les promesses. Courage.

Lucas Lefebvre · Toulouse, Franceanswered 15d ago
4

LinkedIn, really? That's where they're going now? Wow. Okay, first off, that 80k ZAR is almost certainly cooked. These guys are pros at making fake things look real. The graphs, the website, it's all set dressing for the scam. Did he at least have a name, a company? Probably not a registered one. If it's a South African platform, report it to the Financial Sector Conduct Authority (FSCA). If it had international ties, the SEC abroad might be involved, but good luck with that. You're unlikely to see that money again, but filing a police report is cathartic, if nothing else.

Arthur David · Montpellier, Franceanswered 15d ago
5

Oh, that's truly heartbreaking. It's so brave of you to share this, and please know you're not alone in this experience. Scammers excel at manipulating trust, and the 'mentor' role is a particularly cruel tactic. For reporting, if you have any details about the entity or transactions involving international banks, you could try reporting to relevant authorities like the SEC in the US, even if you're not a US citizen. They have mechanisms to receive tips about international fraud. Gathering all your digital evidence is key – every message, every transaction detail. Sending you strength as you navigate this.

Lea Garcia · Bordeaux, Franceanswered 15d ago
7

First, take a deep breath. This is a painful lesson. The professional networking app facade is a common starting point for these crypto scams. They project an image of legitimacy that's entirely fabricated. The fake graphs and phantom returns are designed for one purpose: to hook you. Recovery of stolen cryptocurrency is notoriously difficult, especially if the funds have been moved through multiple wallets or exchanges. However, reporting is still vital. Consider filing a police report in South Africa and an international complaint via the FBI's IC3. Some specialized firms, like Nethertrace, also claim to offer tracing services, though their success rates vary. Document every interaction meticulously.

Maryam Al Marri · Abu Dhabi, UAEanswered 15d ago
5

Man, I've been there. Lost about R50k to something eerily similar a couple of years back. Fellow on this app called 'Zululand Traders' or something equally convincing. He showed me how he was flipping NFTs and making bank. Said he had a special system. Next thing I know, my money's gone, and so is he. I reported it to the South African Police Service (SAPS), they took a statement, but honestly, I haven't heard anything since. It’s a bitter pill to swallow, that initial trust turning into this sinking feeling. Stay strong, man.

Mohammed Al Suwaidi · Abu Dhabi, UAEanswered 15d ago
6

This is gutting. The 'mentor' angle is such a low blow. These guys prey on ambition. I've seen friends get burned the same way. The key thing here, if you can even call it good news, is that these scams are becoming more identifiable. Your best bet for reporting is probably the FBI's IC3 if there's any US nexus at all (often there is with these platforms). Also consider a specialized crypto recovery outfit, but be VERY careful, as many are scams themselves. Check reviews meticulously. Don't send them money upfront. It's tough, but you're not alone.

Aoife Walsh · Cork, Irelandanswered 15d ago

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