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Scam information

This content is based on victim and potential victim accounts. Government agencies and legitimate business names and phone numbers are often used by scam artists to take advantage of people.

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Description

the website is offering the option to invest using crypto currency and the amount you invest will get a 4% DAILY return. Per example if you invest $1000 you will get 4% daily in which is $40 daily for 30 days is $1200 profit. Well in my situation I invested $5000 and at the end of the 30 days I had a little over $11,000 in my account on this website. I requested to withdraw $5000 and that is when I started to suspect that this was a scam. They first asked me to send $1860 to Authenticate my crypto wallet before they be able to send my payment, I send $1860 and a few minutes they came with a new excuse saying that the market change and that I need to send $945 to Authenticate the wallet, I did send it! Well after that, they told me that my wallet has been authenticated and that payment will be send within 24hrs. This morning I received another email saying that the $5000 payment was on hold due to a trading fee of $6900!! 15% of all the investment and profits! Once I send the money they will be able to release my payment! As you can see this is a huge Scam, If I send more money they will come with a new excuse and I will never get nothing from them. Avoid this Scam.

Dollars Lost

$8000

Targeted Person's Location

CT, USA- 06226

Scammer Information
Scammer location logo

Unknown Location

Mobile logo

(000) 000-0000

Web logo

https://phoenixcaplimited.com/

Scam Type

CryptoCurrency

Learn More

Business name

Phoenix Capital Limited

Date Reported

June 25, 2024

Scam ID

859122


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