Lost money to 'Signal Group' forex signals on Telegram, now broker won't let me withdraw. Any way back?
Ok, so, I feel pretty dumb admitting this, but here goes. I got sucked into one of those 'forex signal groups' on Telegram. Some guy, seemed really legit, posting screenshots of huge wins daily. He charged a monthly fee for signals and recommended this broker, 'Global Markets Pro' (I know, red flag *now*). I signed up, put in about $4,000 AUD, and followed the signals religiously for a few weeks. Saw my balance go up, thought I was a genius.
Then I tried to withdraw a small amount, like $500, just to test it out. And nothing. It's been over a week. The broker's support just gives me automated replies about 'processing delays' or 'system maintenance'. The signal guy? Blocked me from the Telegram group and won't reply to DMs. I've heard about these signal group scams, but I was so sure this one was different. Is there *anything* I can do, or is my money just gone? I've reported it to ASIC, but haven't heard anything concrete yet.
asked by Sophie Johnson· 2d ago