Aaron, a 32-year-old businessman from Seattle, was enjoying his trip to California and was having a good time with his family. He was financially stable, and he did have various investments in the stock market. But during the trip, he received an email, and it was from a forex broker company, which will help him navigate the Forex market.
He thought it was a marketing email, as he received many such emails from Stock brokers too. He did some research and was quite excited to invest in forex. Upon Looking for a good broker, he found out that most brokers charge higher fees, and the email one was the ideal match for him as they promised a higher return with low risk and they charged very low fees.
Aaron contacted the broker from the email; they talked very professionally, and they suggested some currencies he could invest in and gave assurance of gaining a good profit. He was quite intrigued and wanted to invest as soon as possible.
The Broker company structured a plan for Aaron, and he invested a good part of his savings in Forex. From November 2022 to February 2023, he invested $50,000. He was expecting a good return. After a certain period, when he went for a withdrawal, he was unable to cash out.
The application asked for extra upfront fees for every withdrawal. He was stressed and worried about his investment, so he did pay the charges. But he was still not able to withdraw. The application would ask for extra fees, or he would not be eligible to withdraw and deposit more funds to withdraw, or during withdrawal, the application would load for a longer period and crash.
He was worried about his investment, so he tried calling customer support and the official who structured the plan for him, but no one responded. He realized it was a scam. During his research on the scam, he learned about financial scams recovery.
He reached out to us and discussed the scam. Our highly experienced team first legally reported the crime and later helped him recover all of his funds. The recovery did take a longer period, but it was worth waiting for.
- Published By Team Hongkong Journalist