- Jan 31, 2025
- 2
- 0
On Thanksgiving Day, I fell victim to a sophisticated Deriv trading scam that initially promised significant returns but ultimately left me unable to access my funds. The scam began when I was contacted by an admin from a Telegram group with 400 members. The group participants were sharing trading strategies and success stories about profiting from signals provided by the group's leaders. Intrigued by their claims of high returns and the apparent transparency of the group, I decided to join.The scammers introduced me to a 45-day investment cycle, assuring me that at the end of the period, I would be able to withdraw my initial investment along with any profits. Trusting their process, I transferred $43,000 in several wire transfers to start my account. My balance grew quickly, and within a short time, my account had ballooned to $500,000. Everything seemed to be progressing as promised, and I was encouraged by the steady returns. However, things began to take a turn when I attempted to withdraw my profits. I was told that I couldn’t access my funds until I paid a supposed “tax” on my earnings. This tax requirement had never been mentioned when I initially joined or made my investment, so I grew suspicious. When I questioned the legitimacy of this fee, I received evasive answers and delays. It became increasingly clear that the scammers were stalling, trying to pressure me into paying more money for a non-existent fee. Despite repeated attempts to contact the group’s admin and other members, I was unable to reach anyone. Soon after, the group vanished entirely, and all communication stopped. I realized that I had been scammed. After conducting some research, I discovered that many others had fallen victim to the same fraudulent group, which had used fake trading signals and false promises of high returns on Deriv to lure unsuspecting investors.Thankfully, I was able to recover my funds by seeking help from Hack Buster Recovery. Their team worked tirelessly to track down the scammers and navigate the complex process of retrieving my money. Although the experience was long, stressful, and emotionally draining, I am grateful to have recovered my investment.This ordeal serves as a harsh reminder of the importance of caution when dealing with online trading platforms. It’s essential to be skeptical of investment opportunities that promise unrealistic returns and to thoroughly research any scheme before committing funds.
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