First of all I would like to thank everyone for your replies to my post, they have been very helpful. Also I would like to go over the situation again in hopes that it will clarify exactly what has occurred. So I actually contacted Sofia on Instagram after seeing her post about Bitcoin investing and the profits that we could get back from her trading for us doing the mining process. I actually communicated with her prior to me investing. I had spoke and texted with her on several occasions over the course of maybe three or four months so I actually did not jump right into it after just seeing her post. She was very knowledgeable and seemed to know what she was doing and what she was talking about, that's why I decided to invest with her. So initially I used $500 USD to purchase Bitcoin, then I sent the Bitcoin to a wallet address for my investment. After 7 days of trading on my a account I was told I have a profit of $7,500 and for that to be sent to me I had to pay a withdrawal fee and the withdrawal fee is $1,000. So therefore for me to receive $7,500 pay $1,000 yes it's a lot yes it sort of sounds like a scam but I'm thinking okay I'm going to get $7,500 is still you know $6,500 profit so I sent it the very same way I sent the $500 I used USD to purchase 1000 worth of Bitcoin and sent it to the wallet address that she provided to me. Once she received that thousand dollar payment I was told again my payment had been sent and it would take five business days to reflect into my account. The five business days were almost up when I was messaged from her stating that the payment bounced back because I needed to have a Crypto receiving allowance in my account. I have not sent this "Crypto receiving allowance fee". Sophia is telling me once they receive the Crypto allowance fee my profit of 7500 will be released immediately and that the crypto allowance fee stays in my account for a minimum of 6 months and through the six months they will continuously trade on the account. After 6 months I can withdraw the total profits from the account. That is where we are now. Thanks
I can tell from your story that you first paid $ 500 for investment, then paid another $ 1000 for withdrawals. Normally the withdrawal fee is taken from the balance. but if the conditions are like that you can be sure that it is a scam. 
Topic: SCAM OR NOT? (Read 599 times)
First of all I would like to thank everyone for your replies to my post, they have been very helpful. Also I would like to go over the situation again in hopes that it will clarify exactly what has occurred. So I actually contacted Sofia on Instagram after seeing her post about Bitcoin investing and the profits that we could get back from her trading for us doing the mining process. I actually communicated with her prior to me investing. I had spoke and texted with her on several occasions over the course of maybe three or four months so I actually did not jump right into it after just seeing her post. She was very knowledgeable and seemed to know what she was doing and what she was talking about, that's why I decided to invest with her. So initially I used $500 USD to purchase Bitcoin, then I sent the Bitcoin to a wallet address for my investment. After 7 days of trading on my a account I was told I have a profit of $7,500 and for that to be sent to me I had to pay a withdrawal fee and the withdrawal fee is $1,000. So therefore for me to receive $7,500 pay $1,000 yes it's a lot yes it sort of sounds like a scam but I'm thinking okay I'm going to get $7,500 is still you know $6,500 profit so I sent it the very same way I sent the $500 I used USD to purchase 1000 worth of Bitcoin and sent it to the wallet address that she provided to me. Once she received that thousand dollar payment I was told again my payment had been sent and it would take five business days to reflect into my account. The five business days were almost up when I was messaged from her stating that the payment bounced back because I needed to have a Crypto receiving allowance in my account. I have not sent this "Crypto receiving allowance fee". Sophia is telling me once they receive the Crypto allowance fee my profit of 7500 will be released immediately and that the crypto allowance fee stays in my account for a minimum of 6 months and through the six months they will continuously trade on the account. After 6 months I can withdraw the total profits from the account. That is where we are now. Thanks
Edit: in your "Story" you say Sofia claims your 1k was sent back to you did you ever get that money/Btc back ?
First of IF someone knew how to turn 500 bucks into 7.5k in a week or whatever period they would not ask you for Money its common sense.
At what point do you justify sending another 1000 bucks ? there is 7500 IN YOUR ACCOUNT or so they say and you dont question why they cant deduct that 1000 usd from your account ? I mean come on bro you should call someone to handle your finances from now on you should not have a bank or credit card and just live on a allowance so you can buy lunch at work.
Thats just as dumb as all those americans that sent "Elon Musk" their btc / eth because " he " said he would Double it.
I know that i might come across as a bit of an Asshole but i have a hard time believing that story.
This is so obvious a scam because you already invested over 500 USD I may right this is the 500 means? I hope it is. Once you make an investment there is no too much transaction fee or the withdrawal fee cost too much a thousand dollars just for the pulling your funds you only have only two choices base on my opinion.
Another six months before you will get your profit?
This looks like smell fishy to me if you make a trade you can immediately get your profit and transfer your funds to your wallet you do not need to hold those large amounts of coins to an exchange or trading platform. Still, it's your risk to do that.
- 1. Deny the offer and loss your 500 usd
- 2. Make an investment for another a thousand dollars and you almost lose up to 1500 USD without assurance that is legit or not
After 6 months I can withdraw the total profits from the account. That is where we are now.
Another six months before you will get your profit?
This looks like smell fishy to me if you make a trade you can immediately get your profit and transfer your funds to your wallet you do not need to hold those large amounts of coins to an exchange or trading platform. Still, it's your risk to do that.
<...> It was through Instagram @forex_trader_sophia_. Claming to trade under legitcyptomarketfx.
This is the profile of your enchanter, according to the user profile you stated: https://searchusers.com/user/forex_trader_sophia_. Just looking over the images one wonders how not to fall for enticing images, such as the one stating: "Pay off your debt of $100K investing in bitcoin even if you don’t have any experience"...
You have already fallen a victim of scam op, you invested 500 and asked 1000 for withdrawal fee, this is inappropriate for a legit investment platform or whatever it may be, never send any amount again for withdrawal fee, even if you send your money will not still reflect on your coinbase wallet. Each time your friend asks you to invest in something you don't understand, kindly initiate your idea of joining in let's analyse it for you. Be wise next time.
I don't know why people keep supporting those platforms with the use of those tags.
Is the 500 above is USD or bitcoin? I think it's USD.
Those are absolutely a scam as the earlier you said you make an investment of 500 and you already have a profit with the 1000 dollars and before sending your funds you just need to pay 1000 again? Is this not too much loss to you lol.
500 investment + 500 profit + 1000 transaction fee?
All of this is lost to you, any side of this does not give a profit to you it's better to avoid and not entertain those people because why you need to sacrifice your 1000 USD for 500 profit? Are you still okay? if you accept this.
Another one has fallen to this kind of scam, it is not clear whether the OP specifies dollars but if it makes you post this thread then that means this is a large amount. Another thing is, why would you trust some trader from instagram, they could be manipulating the pictures of stocks that he won, you can do photo manipulation you know that. The fact that this is your first time is forgivable but the second is something for the books, be careful out there and do not be blinded by greed and quick buck. Bitcoin will be there for you and so is scammers so you better watch out, consider this as a learning experience and I hope that you will not fall for scams again. - Can double your funds
- Legit
- No scam
Is the 500 above is USD or bitcoin? I think it's USD.
Those are absolutely a scam as the earlier you said you make an investment of 500 and you already have a profit with the 1000 dollars and before sending your funds you just need to pay 1000 again? Is this not too much loss to you lol.
500 investment + 500 profit + 1000 transaction fee?
All of this is lost to you, any side of this does not give a profit to you it's better to avoid and not entertain those people because why you need to sacrifice your 1000 USD for 500 profit? Are you still okay? if you accept this.
Some one help. I bought /invested 500 in Bitcoin with someone I was told I would receive my return in 7 days after after which I was then told I had to a 1000 for profit withdrawal fee. This took 5 days to reflect in my coinbase wallet at which time I forwarded the funds. Now I'm asked to send another 1000 for a Crypto receiving allowance Fee before I receive my return. I have not sent it.
So you sent $500, and you expect a return in 7 days, after 7 days, you are told again to send $1000 to withdraw your profit, and good thing you didn't send again, so I would like to summarize, you only lose $500, of course because it cannot be BTC.
Question;
Who's that someone? was it a company name, a person, or what?
Because my friend, ,it looks like you got scammed here, and there's no way for you to recover your money, unless you know the someone and you can go after that someone.
I don't know why people keep supporting those platforms with the use of those tags.
Is the 500 above is USD or bitcoin? I think it's USD.
Those are absolutely a scam as the earlier you said you make an investment of 500 and you already have a profit with the 1000 dollars and before sending your funds you just need to pay 1000 again? Is this not too much loss to you lol.
500 investment + 500 profit + 1000 transaction fee?
All of this is lost to you, any side of this does not give a profit to you it's better to avoid and not entertain those people because why you need to sacrifice your 1000 USD for 500 profit? Are you still okay? if you accept this.
- Can double your funds
- Legit
- No scam
Is the 500 above is USD or bitcoin? I think it's USD.
Those are absolutely a scam as the earlier you said you make an investment of 500 and you already have a profit with the 1000 dollars and before sending your funds you just need to pay 1000 again? Is this not too much loss to you lol.
500 investment + 500 profit + 1000 transaction fee?
All of this is lost to you, any side of this does not give a profit to you it's better to avoid and not entertain those people because why you need to sacrifice your 1000 USD for 500 profit? Are you still okay? if you accept this.
500 in bitcoin, you mean 500 usd in bitcoin right?
I guess you are wrong with what you did, investing with someone is always wrong and the return is quite unrealistic, so I'd like to think that you were already scam, even the moment you send that money, and even if you know that someone as there's no program or investment that would guarantee a return in just 7 days, and you are talking of a fix return here. What I can suggest is that accept the reality that you got scammed, move on and learn from that experienced.
I guess you are wrong with what you did, investing with someone is always wrong and the return is quite unrealistic, so I'd like to think that you were already scam, even the moment you send that money, and even if you know that someone as there's no program or investment that would guarantee a return in just 7 days, and you are talking of a fix return here. What I can suggest is that accept the reality that you got scammed, move on and learn from that experienced.
Hey. I read your story and it sounds very sad, but I think that you can get your money back from scammers! But I do not give a 100% guarantee that I will help you return. I don't need any payment from you. If you want me to try to get your money back, then I will wait for your message! my telegram - @Fasesieno
Be careful on this one he thinks that you can get easily scammed and he try his method to you there is no way he can help you if he know how he would have posted it here and advice you how to proceed, there are a lot of scammers in Telegram asking for a conversation to help you with your issues.
-
Do you mean 500 bitcoin? Well sorry for your loss.
I don't think so. That was so damn huge to let some stranger do their thing with it. I mean, no one would dare to let somebody hold that amount of assets they have. Maybe the numbers he's pointing out there, amounts to the currency of the country he's residing with; USD, EUR, PHP and etc.
Going back to OP. Do not ever believe into any one offering right away. You should know that, dealing with somebody you don't know about is always associated with unpleasant possibility
. Some one help. I bought /invested 500 in Bitcoin with someone I was told I would receive my return in 7 days after after which I was then told I had to a 1000 for profit withdrawal fee. This took 5 days to reflect in my coinbase wallet at which time I forwarded the funds. Now I'm asked to send another 1000 for a Crypto receiving allowance Fee before I receive my return. I have not sent it.
You are already in the lion's tent, just look for a narrow escape to make. This explanation alone from the first sentence shows that.
And please cross check your words before posting. There are lots of grammar errors on the post. Try to recheck
You are scammed and don't just blindly trust anyone and there is only one way to earn profit that's by doing it on your own by learning about market. Please consult with someone or share you though over this forum before taking any such steps in the future. Now don't regret for the money which you have already lost as its not gonna comeback.
Consider this as an experience and move on.
Consider this as an experience and move on.
Hey. I read your story and it sounds very sad, but I think that you can get your money back from scammers! But I do not give a 100% guarantee that I will help you return. I don't need any payment from you. If you want me to try to get your money back, then I will wait for your message! my telegram - @Fasesieno
It looks like you're a scam accomplice yourself. How are you going to help him m/her get his/her money back from the scammers? Isn't this another gimmick to milk him/her dey the more?
Definitely a scam. Because if it is not they should not ask for another. Sorry to tell you but your money is long gone now.
legitcyptomarketfx! I've never heard of it before and thete is nothing about it on google search results.
It doesn't take a genius to realize that this is a pure scam.
First, you trusted a random petson you met on the Internet. Second, he promized to double your investment in 7 days which is too good to be true. Then, you were asked to send more to withdraw your earnings!!
Sorry to break it to you but your money is gone and there is no way to get it back so be careful of newbies suggesting to help you.
It doesn't take a genius to realize that this is a pure scam.
First, you trusted a random petson you met on the Internet. Second, he promized to double your investment in 7 days which is too good to be true. Then, you were asked to send more to withdraw your earnings!!
Sorry to break it to you but your money is gone and there is no way to get it back so be careful of newbies suggesting to help you.
Some one help. I bought /invested 500 in Bitcoin with someone I was told I would receive my return in 7 days after after which I was then told I had to a 1000 for profit withdrawal fee. This took 5 days to reflect in my coinbase wallet at which time I forwarded the funds. Now I'm asked to send another 1000 for a Crypto receiving allowance Fee before I receive my return. I have not sent it.
There is no doubt that someone has fooled you. It should be known to you that in 7 days so much profit is not possible. Why did you step on this trap? He will show you more greed. Please refuse it. 
True story?
Dude, if this thing actually happened, I don't know what to say. Where on Earth you will pay to someone for $1k worth of withdrawal fees? we're even crying for $1-$5 fees then yours is a thousand buck.
If your BTC is on coinbase wallet, you are free to withdraw its base on the network fees, not with that person's fee-setting.
Dude, if this thing actually happened, I don't know what to say. Where on Earth you will pay to someone for $1k worth of withdrawal fees? we're even crying for $1-$5 fees then yours is a thousand buck.
If your BTC is on coinbase wallet, you are free to withdraw its base on the network fees, not with that person's fee-setting.
Some one help. I bought /invested 500 in Bitcoin with someone I was told I would receive my return in 7 days
It's totally scam and sorry to hear about this. Looks like OP get trapped into those scammers who always target new comers of crypto on social medias. So, stay away from all those users who dm you directly from nowhere/shadow and offer to earn profits in bitcoin. Stay safe with crypto. 
Sorry for the 500$ because that's what it is to me. You should have figured it out that it was a scam when you were asked to send additional 1000$ as a fee. The scammer are somewhere laughing at your level gullibility. Next time, run away or avoid any conversation about money doubling if you don't want this to repeat itself.
Jump to: