Scam Type
CryptoCurrency Scam
Business Name Used
CryptoCurrency Scam
Date Reported
June 09, 2024
Postal Code
19079
Total Dollars Lost
$ 5248700
Scam Description
The initial contact with the scammer occurred through WhatsApp on Wednesday, May 15, 2024, following a post I made on Instagram. I was led to believe that a financial coach named Tiffany Coleman was reaching out to me. I first deposited $200. During our interactions, the scammer instructed me to sign up on the company’s website and start investing in Bitcoin. A few days later, they requested an additional $500 for a larger return. Subsequently, they claimed I needed to add $5,000 more for a fast trade they were conducting on my behalf. I managed to persuade them that all I had was my son’s school fees, so I sent an additional $200, still under the impression that I would receive profits. They assured me I could pay the rest after withdrawing my funds on Friday, June 7, 2024, claiming it was a professional trading platform. However, when I attempted to withdraw my funds on Friday, they demanded $5,000 to transfer the money via Cash App. I explained that I didn’t have such funds as I needed the money to pay my annual house taxes and retrieve my car from the shop. They proceeded to fabricate Cash App deposit tickets. After realizing I had been scammed, I refused their last request for $100 and confronted them about their deceit.
To date, I have deposited approximately $1,600 of my own money and observed the trading balance rise to $52,487. Now, I am at risk of losing my home, my car, and lack the funds to pay my bills.
