I lost $5,000 to cryptocurrency investment

Anonymous | 20 Jun 2021

Investment Scam Internet Love Scam

Got to know this guy called devin in cmb, who claims to be doing furniture trading biz in spore and staying in sentosa. He asked to chat in whatsapp in his my line and i realised soon after he deleted his cmb acc. After chatting for some weeks, he brought up abt him making good money on bitcoin investment and asked me to tag on his to try out with min $500 as deposit. I was already looking for new investment myself and i thought why not. He gave me a dodgy link https://m.ele9988.com (Impt: Do not click on this link) and asked me to register. He guided me how to do it and advised which bitcoin to invest. The platform looks legit with live trading prices. The customer service will give a local account dbs or uob# for em to transfer. After i provide the screenshot, the usdt will appear in my account. I deposited $2000 the 2nd time and i made ard $200 so i opt to withdraw to test water and within hrs my money is back to my bank ac from some random dbs acc which i now believe is a money mule or online job fraud where victims are asked to make money transfer for rebates. So with my capital and profit back, i thought this is legit. He persuaded me to invest more as he had good judgement on some bitcoins. So i went on with $5k and again i got ard $900 profit. I didnt withdraw immediately as i hv intention of investing more. He was very persistent that i pump in another 10k which raised a red flag to me. We were supposed to meet on 13jun but cancelled when i refused to invest more. At this point, i realised that i cld be scammed. I tried to withdraw my $ but the customer service told me withdrawal system under maintenance and asked me to check after a few days. I never got my money back until now and that site and devin have both vanished.

Please do not trust anyone online, do your due diligence when it comes to investment. This will be a hard lesson learnt for me.