How the scam works
What happens
Fraudulent investment promoters promise unusually high or guaranteed returns from cryptocurrency, forex, trading bots, or mining. Fake dashboards may display profits while withdrawals are blocked unless more fees are paid.
Example scenario
A Telegram group promises to triple deposits in seven days through an automated forex bot.Example wording is illustrative and may differ from real scam messages.
Warning signs
Red flags to look for
01
Guaranteed or risk-free returns
02
Pressure to recruit other investors
03
Payment to a personal wallet or account
04
Extra fee required to release profits
Safer response
What to do next
01
Verify financial-service authorisation independently
02
Treat guaranteed returns as a major warning sign
03
Do not install remote-access software
04
Test withdrawal claims before committing funds