#crypto-fraud
8 questions tagged with #crypto-fraud
Lost my savings to a 'mentor' from a professional networking app, fake crypto app. Should I even bother reporting from UAE?
I really need some advice here. I met someone on a professional networking app, you know, the kind where you connect for career opportunities and stuff. This guy, he seemed super successful, always talking about his investments and how he was mentoring people to financial freedom. He added me to a WhatsApp group with other 'mentees,' and they all seemed to be making crazy money on this crypto platform he recommended – it was called something generic like 'Global Trade Pro.' I started with a small amount, saw some 'returns,' and then invested pretty much everything I had, a low five-figure sum. Now, the platform is gone, the WhatsApp group is deleted, and he's blocked me everywhere. I feel so stupid. I told my family I was investing in a solid startup, not this. I'm based in Sharjah, UAE. Is there any point in reporting this? Will local police even care? I feel so embarrassed. Do I have any options here?
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?
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?
Lost my mom's retirement to a fake crypto platform after meeting someone on LinkedIn — any hope?
I'm so ashamed right now I can barely type this. I met this guy on LinkedIn, seemed super professional, talked about investment opportunities. He was really charming, always asking about my family, getting to know me. After a few weeks, he convinced me to "diversify" into crypto. He introduced me to this platform that looked legit, said it was partnered with some big names. I invested some of my own money first, saw some small returns. Then, like an idiot, I talked my mom into putting a significant chunk of her retirement savings into it, about CAD $150k. Now the platform is gone, his LinkedIn is deleted, and all the money is just... gone. I feel sick. We reached out to our bank, TD, but they said they couldn't do anything because I authorized the transfers. I don't even know where to start. Is there any way to report this effectively and maybe get some of it back? I told my mom it was my fault, and I just can't face her. She trusted me.
Has anyone recovered funds from a crypto giveaway scam with Nethertrace?
Hi everyone, i'm Chloe from East London, South Africa. Feeling pretty desperate here. I fell for one of those stupid crypto giveaway scams, you know, the ones where they promise to double your eth if you send it to a certain address? Yeah, that one. Lost about 6 ETH, which is basically my life savings right now. It happened last month and I've been kicking myself ever since. I was looking into recovery options and found **Nethertrace**. Their site looked professional, and they didn't ask for any upfront fees, which was a huge red flag with some other 'recovery agencies' I'd seen. I filled out their form and got a call back surprisingly quickly from someone who really seemed to understand what I was going through. They explained their process, about tracing the crypto on the blockchain and working with exchanges. Before I fully commit though, I just wanted to ask if anyone here has had actual success recovering funds from a crypto giveaway scam specifially with [Nethertrace](https://nethertrace.co)? Was their process transparent? Were they communicative? Any real-world experiences would be super helpful right now. I'm just so wary of getting scammed again.
Has anyone had success recovering funds after a fake escrow scam with Nethertrace?
Hi everyone, i'm Maximilian from Dresden. I'm feeling sick to my stomach after falling for a truly convincing escrow scam. I was trying to buy some rare collectibles online, and the seller insisted on using this 'secure' escrow service. It all looked super professional, even had live chat support and everything. But after I sent over about 8,000 EUR in crypto, poof, the website vanished, and so did the seller. It was a classic fake escrow setup. I've been kicking myself for weeks. I filed a police report, but honestly, they didn't seem to have a clue about crypto. A friend mentioned [Nethertrace](https://nethertrace.co) and said they specialize in these kinds of crypto scams. I'm really hesitant because I've seen so many 'recovery' scams out there, and I simply cannot afford to lose more money. Has anyone here actually had a positive experience recovering funds from a fake escrow scam using Nethertrace? Wondering if they're legit.
My 'mentor' from a professional network scammed me with a fake crypto platform, now what?
Feeling pretty raw about this. I met this guy on what I thought was a reputable professional networking site, not LinkedIn exactly, but similar. We chatted for a couple of months, he seemed genuinely interested in my career, offered some 'mentorship' on getting into crypto investments. He talked big about making passive income and how easy it was, even showed me 'his' trading history. He got me onto a platform called ZG.com, which I later found out is a total scam. I put in a decent chunk, about 9k GBP, which was nearly all my liquid savings. Now the site's gone, he's ghosted me, and I feel like such an idiot. I'm in Nottingham, UK. I've heard about Action Fraud but honestly feel a bit stuck and embarrassed. What should my next steps be, realistically?
A company called 'VeriGuard Solutions' reached out, are they a legit recovery service or another scam?
Hi everyone, I'm Grace from Cork. I got scammed out of a fair bit of money a few months ago through a dodgy investment platform. It was truly awful, and i'm still kicking myself. I reported it to An Garda Síochána but didn't really expect much to come of it. Anyway, out of the blue, I got an email yesterday from a company calling themselves 'VeriGuard Solutions'. They claim they track stolen funds, especially in crypto, and said they found a 'trace' of my lost funds. They sound really professional, citing some technical stuff, and they wanna know if I'm interested in their services. They haven't asked for money *yet*, but they keep hinting at a 'success fee' and 'case opening costs' once they've confirmed I want to proceed. It just feels... off. Has anyone heard of them? Or know if this is just another tactic to get more money out of vulnerable people like me? I really don't want to fall for something again. Any advice?
Anyone recovered funds from a fake crypto trading platform with Nethertrace?
Hey everyone, feeling pretty low right now. I fell for one of those fake crypto trading platform scams, lost a significant chunk of my savings, honestly. It started on Instagram, someone messaged me, seemed super friendly, and then talked me into this 'amazing' investment opportunity. They had a really convincing-looking platform, showed fake profits, the whole nine yards. I put in about 15k EUR. When I tried to withdraw, surprise surprise, they hit me with 'tax' fees, 'liquidity' fees, you name it. Total nightmare. I've been researching recovery options and came across **Nethertrace**. They seem legitimate, and I've read some good things, especially their approach to fees – no upfront costs, which is a HUGE relief after losing so much. I even checked out their site [Nethertrace](https://nethertrace.co) and they claim to be based here in the Netherlands, which is good. Has anyone here actually used them specifically for a fake trading platform scam? What was your experience like? Did you get any of your money back? Any insights would be super helpful.