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Description
I was targeted in a long-term crypto investment scam connected to a website called Fire Capital Market (firecapitalmarket.com). The scammer contacted me on Telegram in July 2025 and posed as a knowledgeable crypto trader. He pressured me to deposit money repeatedly, telling me: “You need to deposit more” “You must upgrade your plan” “You will lose profit if you don't add funds today” “Trust me, I am helping you” “Bigger deposits mean bigger withdrawals later” He sent fake screenshots of profits, fake trading results and daily “earnings reports” to make the platform look real. He instructed me exactly how to buy cryptocurrency on Coinbase and how to send BTC and SOL to wallet addresses he provided. Through repeated pressure, he convinced me to deposit increasing amounts of money through cryptocurrency and one Interac e-Transfer. After my deposits, the fake platform showed a “balance” of $54,090 USD. When I tried to withdraw, they refused and demanded a 20% “processing fee” of more than $10,800 USD before releasing any funds. This is a classic advance-fee withdrawal scam. The trading dashboard and profits are fake. The scam involved: A handler on Telegram who pushed me to deposit more Fake profit screenshots A fraudulent trading website Instructions to send crypto to unknown wallets Refusal to process withdrawals unless I paid an additional large fee This is a fraudulent crypto investment scheme designed to steal money from victims.
Dollars Lost
$27550
Targeted Person's Location
AB, CAN - T2X 0X6
Scammer Information
Unknown Location
Unknown Email
Unknown Phone Number
firecapitalmarket.com
Scam Type
Investment
Learn More
Business name
Wealth management FIRE Forum.
Date Reported
November 26, 2025
Scam ID
1115699
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