#tax-clearance-fee
2 questions tagged with #tax-clearance-fee
My unregulated broker, 'GlobalTrade Hub', is demanding a 'tax clearance certificate fee' to release funds after I finally made some profit. Is this a new scam?
Ok, so I've been dabbling in online trading for a few months now, mostly CFDs. I signed up with this platform called 'GlobalTrade Hub' after seeing some ads, and honestly, it felt pretty good at first. They had a slick interface, and a 'personal account manager' who was super attentive. I put in about $3k initially, then another $2k when they said I was 'close to a breakthrough'. Fast forward to last week, I've actually managed to turn a profit – at least, their platform shows a decent balance. It says I have around $12,000! So I tried to withdraw, just a small amount to test it out, and that's where the trouble started. My account manager, 'Mark', is now saying I need to pay a 'tax clearance certificate fee' before any funds can be released. He says it's because I'm withdrawing from an international account and it's a new regulatory requirement for 'large' withdrawals to prove I'm not evading taxes. He wants me to pay *another* $1,500 directly to them for this 'certificate'. This sounds super fishy to me. I'm in Canada, and I've never heard of anything like this. Has anyone else encountered this 'tax clearance certificate fee' with their broker, especially an unregulated one? I'm really worried I've lost everything. What should I do?
My 'broker' OptionStarsGlobal is demanding a 'tax clearance certificate fee' to release funds. Is this a new scam?
Hey everyone, I really need some advice here. About three months ago, I got into trading with a company called OptionStarsGlobal. Seemed legit at first, constant calls from their 'account managers' who were super pushy but promised insane returns. I put in a decent chunk of savings, like low five figures, and they showed me a 'dashboard' with crazy profits. Now that I want to withdraw, they're saying I need to pay a 'tax clearance certificate fee' because the funds are 'international profits' and it's some new government regulation. They're demanding like 15% of my 'profits' upfront. I'm in Chicago, and I've never heard of anything like this. My bank, Chase, said they don't deal with weird international tax certificates directly for withdrawals. I tried reaching out to them through email, but it's just canned responses. Honestly, I'm starting to worry this is all a big scam and my money's gone. Has anyone else dealt with this specific fee or this company? What should i do?