Scam Type
Investment Scam
Business Name Used
expert options trades
Date Reported
Oct 19, 2022
Victim Postal Code
97303
Total Dollars Lost
0
Scam Description
hello
My wife and I have been dealing with this company (Expert Option Trades). We were told to start at $500. The moment we did. Were pressured into up it to $1000. They only work through bit coin, so we had to buy it by using cash app. We come in for week investment. After the week We we’re told (to upgrade we’d be able to cash out). Then my wife put in $5,000 but we need to pay the UK taxes. Okay them we had to pay the conversion rate. Okay then we had to pay the IRS taxes. OKAY then we had to pay the shipping fee. OKAY. They pay for a certificate of sales, that we never received from them. Then we were told they add my account to her account. After they did so, We were now told. Everything that was paid on didn’t matter, because now there is a maintenance hold of $2,100 that need to be paid mind you we never go the certificate of sales that was $2,000. So logged in to the account I had to find out they didn’t merge the two accounts. They still require the maintenance to fee to release the funds to us. Now we invested $6,000, paid out more then $10,000 in fees and taxes, plus been in the company for four weeks with no payout. In total we have lost $20,000 and they are still asking for the maintenance fee of $2,100!
